Equity (Tables)

12 Months Ended

Dec. 31, 2021

Equity [Abstract]

Schedule of the number of common shares issued and outstanding

	2021
	No. of shares	Par value
		USD ‘000
Common shares (par value of USD 0.01)	45,471,084	455
Earnout shares* (par value of USD 0.01)	3,012,500	30
Restricted shares awards (par value of USD 0.01) (note 32)	396,857	4
	48,880,441	489

	2020
	No. of shares	Par value
		USD ‘000
Common shares (par value of USD 0.01)	45,426,251	455
Earnout shares* (par value of USD 0.01)	3,012,500	30
Restricted shares awards (par value of USD 0.01) (note 32)	134,500	1
	48,573,251	486

Schedule of fair value reserve

	2021		2020		2019
	USD ‘000		USD ‘000		USD ‘000
Balance at the beginning of the year	18,160		4,274		954
Net change in fair value reserve during the year for bonds at fair value through OCI, net of tax	(9,240	)	11,481		4,209
Net change in fair value reserve during the year for equities at fair value through OCI	(819	)	(71	)	(866	)
Realized gain on sale of equities at fair value through other comprehensive income	—		2,341		—
ECL charge (release) transferred to consolidated statement of income	114		135		(23	)
Balance at the end of the year	8,215		18,160		4,274