The report, released yesterday, stated that the total gross premium grew by 35.6 percent, hitting $113.6 million last year compared with $83.7 million in 2015.
Aggregate covers can also be linked to the cedant's gross premium income during a 12-month period, with limit and deductible expressed as percentages and amounts.
In terms of gross premium income, ordinary life policy renewals, which was valued at $3.2 billion, accounted for the major portion, followed by the health line of business which contributed $3.1 billion.
