Key Insurance Company Balance Sheet

Financials in millions JMD. Fiscal year is January - December.

Millions JMD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Investments in Debt Securities	-	-	-	-	771.84	168.68
Investments in Equity & Preferred Securities	-	-	-	-	-	223.59
Other Investments	2,566	2,177	1,877	1,581	-	-
Total Investments	2,566	2,177	1,877	1,581	771.84	619
Cash & Equivalents	710.45	753.21	845.77	844.29	1,474	745.18
Reinsurance Recoverable	251.49	255.6	9.7	129.16	1,060	363.95
Other Receivables	900.19	713.6	730.23	551.07	470.98	426.96
Deferred Policy Acquisition Cost	-	-	-	-	82.96	62.62
Property, Plant & Equipment	398.86	394.22	282.1	281.77	237.65	238.51
Other Intangible Assets	0.29	0.57	1.91	1.82	3.02	2.91
Other Current Assets	-	-	-	-	-	18.01
Long-Term Deferred Tax Assets	315.34	315.34	348.99	371.51	380.05	428.16
Total Assets	5,143	4,609	4,095	3,761	4,480	2,905
Accrued Expenses	-	92.33	142.97	34.2	196.5	106.67
Insurance & Annuity Liabilities	3,456	3,019	2,552	2,373	25.91	110.5
Unpaid Claims	-	-	-	-	1,484	1,582
Unearned Premiums	-	-	-	-	870.66	657.2
Reinsurance Payable	-	-	-	-	800.42	151.94
Current Portion of Leases	-	10.24	10.03	10.62	7.51	6.22
Long-Term Leases	32.69	12.11	16.99	13.79	3.47	2.43
Other Long-Term Liabilities	155.7	47.45	36.32	33.83	16.7	29.61
Total Liabilities	3,644	3,181	2,758	2,465	3,406	2,646
Common Stock	903.3	903.3	903.3	903.3	903.3	235.28
Retained Earnings	458.1	387.99	321.04	279.1	51.94	-513.61
Comprehensive Income & Other	137.02	137.02	112.43	112.77	119.48	537.31
Shareholders' Equity	1,498	1,428	1,337	1,295	1,075	258.98
Total Liabilities & Equity	5,143	4,609	4,095	3,761	4,480	2,905
Filing Date Shares Outstanding	559.32	559.32	559.32	559.32	559.32	368.46
Total Common Shares Outstanding	559.32	559.32	559.32	559.32	559.32	368.46
Total Debt	32.69	22.34	27.01	24.41	10.98	8.65
Net Cash (Debt)	677.76	730.87	818.76	819.88	1,463	736.54
Net Cash Growth	-32.96%	-10.73%	-0.14%	-43.97%	98.67%	-19.51%
Net Cash Per Share	1.21	1.31	1.46	1.47	2.72	2.00
Book Value Per Share	2.68	2.55	2.39	2.32	1.92	0.70
Tangible Book Value	1,498	1,428	1,335	1,293	1,072	256.07
Tangible Book Value Per Share	2.68	2.55	2.39	2.31	1.92	0.69
Land	-	325	220	220	190	190
Machinery	-	116.82	101.4	84.35	119.65	115.82
Leasehold Improvements	-	13	13.08	12.94	24.62	24.62

Source: S&P Global Market Intelligence. Insurance template. Financial Sources.