Common Remitter is the collection of gross premiums on behalf of an employer with the responsibility of disbursement to the respective benefit plan providers.
In 2012, the group had $92.5 billion in assets, nearly $21.6 billion of gross written premiums and more than 17,000 employees.
It is a subsidiary of Towergate Partnership, and had gross written premiums of around £10 million as of 2008.
Revenue from gross premiums was up slightly over last year but operating expenses for insurance were less than half of last year's.
The group's premium income for the year (gross premiums written) was €45.5 billion, with its consolidated profit amounting to €2.430 billion.
In 2010, the Group's gross premiums written totalled around €45.5bn.
In 2010, gross premiums written in the reinsurance segment amounted to around €23.6bn.
For the year ended December 31, 2010, reinsurance represented 65.0% of gross premiums written, and primary insurance represented the remaining 35.0%.
In 2006, the group had gross premiums written of SEK 39 billion and 6,400 employees.
The company has publicly set targets of £80m of gross written premium for its second year (2010).