Defferred Excess of Loss Premiums

12 Months Ended

Dec. 31, 2021

Defferred Excess of Loss Premiums [Abstract]

DEFFERRED EXCESS OF LOSS PREMIUMS

9. DEFFERRED EXCESS OF LOSS PREMIUMS

The movement in deferred excess of loss premiums in the consolidated statement of financial position is as follows:

	2021		2020		2019
	USD ‘000		USD ‘000		USD ‘000
Opening balance	17,095		15,173		12,449
Additions	38,207		40,726		37,492
Charged to consolidated statement of income under reinsures’ share of insurance premiums	(38,064	)	(38,804	)	(34,768	)
Ending balance	17,238		17,095		15,173