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Dear Valued Clients and Partners,
We extend our sincere gratitude for the trust and partnership you have shown us.
For Amar Insurance, 2024 was a year of significant achievements and progress.
Over the year, we partnered with 21,099 clients and generated MNT 26.5 billion in gross written premium in come. We provided MNT 5.4 billion in claims to 3,671 clients who encountered unexpected risks. As of 2024, our capital adequacy ratio stood at 222%, and our solvency level fully met the highest standards set by the Financial Regulatory Commission. This has reaffirmed our position in the market as a reliable and stable insurer. These accomplishments were made possible through the close cooperation we maintained with our partner organizations, representatives, and reinsurers. In an era defined by global digital transformation, the insurance industry-like all sectors-faces both the challenge and necessity of keeping pace with rapidly evolving technologies. To strengthen our position in the market, we are focusing on technology-driven product development and operational efficiency. We believe that creating positive change and making a meaningful impact on society requires effort and commitment from organizations of all sizes. In 2025, we will increase investments in information security and technological advancement, and we are fully prepared to take the next step in expanding our insurance business beyond the Mongolian market. We sincerely thank you for your invaluable support and collaboration, and we look forward to building future success together.
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