Greetings

On behalf of Future Re Company, I am pleased to call the fiscal year 2018 a year of great successes that were achieved by joint efforts of all the staffs and members of the company.
We wrote reinsurance premium of KPW 751.67 million in the fiscal year 2018, the first year of our business which is 125.28% increase over the initial estimate at KPW 600 million.
As for our investment business, we also recorded total revenue of KPW 232.64 million which is far greater than KPW 195 million we estimated earlier in the year.
Thanks to these brilliant achievements in business, I am happy to say that the assets of Future Re amounted to KPW 4,037,721,000 by the end of fiscal year 2018, which means an increase of 26.18% over than the amount at the start up.
The annual net profit from reinsurance and investment in the fiscal year 2018 totaled to KPW 54,628,000 and the net result of pre-payment to the state was KPW 78.04 million.
I think these successes in the fiscal year 2018 are clearly attributable to the diverse business strategy of the company.
I am confident that Future Re will make best use of these successes and experience in the fiscal year 2018 and move toward greater achievement in year 2019 by actively exploring insurance markets at home and abroad.
For the sake of my dear clients, the Executive Committee and I swear that we will by all means ensure sustainable development of the company in 2019 to serve your interests best as ever.

Yours sincerely,