Financials
PAMIA is financed by premiums and investment income earned on its reserves. The entire premium is paid into a fund in which the Members retain an immediate interest.
Through expert claims management and prudent investment, PAMIA has built up a robust reserve over 20 years. To protect its funds from the unlikely event of large losses, PAMIA also purchases reinsurance, which is placed by the brokers, Willis.
Our latest financial reports are included as downloadable pdfs here:
2024 Directors' Report and Financial Statements
2023 Directors' Report and Financial Statements
2022 Directors' Report and Financial Statements
2021 Directors' Report and Financial Statements
2020 Directors' Report and Financial Statements
2019 Directors' Report and Financial Statements
2018 Directors' Report and Financial Statements
2017 Directors' Report and Financial Statements
2016 Directors' Report and Financial Statements
2015 Directors' Report and Financial Statements
2014 Directors' Report and Financial Statements
2013 Directors' Report and Financial Statements
2012 Directors' Report and Financial Statements
