Concretely, the amounts of capital, total assets, technical provisions and life insurance premium more than doubled, which also impacted the positive trend of premium per capita (from EUR 75 to EUR 149) and insurance premium to GDP ratio (from 1.6% to 1.9%).
Mr. Ray, about a couple of years younger to me in age and a valued colleague in the civil service, had been one of my close friends for almost four decades. He was a self-effacing person with courage of conviction in servicing the cause of the poor with great integrity and objectivity.