Deferred Policy Acquisition Costs, Net of Ceding Commissions

12 Months Ended

Dec. 31, 2023

Deferred Policy Acquisition Costs, Net of Ceding Commissions [Abstract]

DEFERRED POLICY ACQUISITION COSTS, NET OF CEDING COMMISSIONS

8. DEFERRED POLICY ACQUISITION COSTS, NET OF CEDING COMMISSIONS

	2023			2022			2021
	USD ’000			USD ’000			USD ’000
Balance at beginning of year		57,941			56,767			49,452
Acquisition costs deferred		82,307			71,373			66,937
Amortization of deferred acquisition costs		(74,976	)		(70,199	)		(59,622	)
Balance at end of year		65,272			57,941			56,767