Regina, Saskatchewan — Showing that no matter what the world throws its way, the Prairies will always pull through with SGI reporting a strong financial year despite the COVID-19 pandemic.
Saskatchewan’s public insurance company reported that they managed to stay afloat over the last year thanks to “exceptionally strong investment earnings and lower-than-anticipated collision claims”, following the release of their annual financial report on Tuesday.
The company’s performance allowed the Saskatchewan Auto Fund to provide “SGI’s largest ever rebate program to registered vehicle owners, and implement enhanced injury benefits for its most seriously injured customers,” according to SGI’s press release.
“The past year demonstrated that SGI can adapt quickly to serve its customers,” said Don Morgan, the provincial minister responsible for SGI.
“Like most businesses, the COVID-19 pandemic tested SGI in new ways, and I’m proud of how the company worked to put the safety of customers and staff first, while still managing to be fiscally stable and responsible.”
The highlights of SGI’s annual report can be found here.
