SGI tabled it’s annual report on Monday morning.
Financial and operational highlights from the two sides of the crown, SGI Canada and the Saskatchewan Auto Fund were tabled.
SGI is the competitive arm of SGI, they sell property and casualty insurance across the country and they reported a profit of $84.5 million. That’s even with the significant storm losses across the prairies and forest fire claims in Northern Saskatchewan.
The Auto Fund saw strong investment earnings and increased the Rate Stabilization Reserve by $159.1 million, brining the balance to over 377 $million.