GENAC reports first quarter net profit attributable to shareholders of $59.19 million
July 06, 2023 General Accident Insurance Co. Ja. Ltd. (GENAC) for the first quarter ended March 31, 2023, reported a 38% increase in insurance revenue totalling $2.89 billion compared to $2.10 billion in the corresponding three months last year. Insurance Service expenses amounted to $1.17 billion (2022: $1.01 billion), this represents an increase of 16%