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HDI-Gerling Industrie Versicherung AG at a Glance

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HDI-Gerling Industrie Versicherung AG at a Glance Powered By Docstoc
					HDI-Gerling Industrie Versicherung AG at a Glance

                                                                                   2010    2009
 Premium income (gross)                                                € million   2,530   2,524
 Increase/decrease in gross premium income                                   %       0.3     1.5
 Income from earned premiums for own account                           € million   1,177   1,170
 Claims and claims expenses for own account                            € million    885     930
 Loss ratio for own account                                                  %      75.1    79.5
 Underwriting expenses for own account                                 € million    281     266
 Expense ratio for own account                                               %      23.9    22.8
 Net underwriting result before equalization reserve for own account   € million     -7     - 85
 Combined Ratio (loss/expense ratio) for own account                         %      99.0   102.3
 Investments                                                           € million   5,984   5,781
 Investment income                                                     € million    299     304
 Net profit/loss from non-insurance business                           € million    206     266
 Net profit/loss from ordinary activities                              € million    160     186
 Tax expense/ tax income (-)                                           € million     12      16
 Profit transferred under a profit/loss transfer agreement             € million    131     154
 Operating results (net profit/loss from ordinary activities
                                                                       € million    199     181
 plus changes in the equalization reserve)
 Capital, reserves and underwriting provisions
    Equity                                                             € million    407     287
    Subordinated liabilities                                           € million    250     250
    Equalization reserve and similar provisions                        € million    685     645
    Other underwriting provisions*                                     € million   4,509   4,298
    Grand total                                                        € million   5,851   5,481
    of earned premiums for own account                                       %     497.0   468.3
 Ratio of underwriting provisions for own account                            %      340    327.7
 Insurance contracts                                                   in 1,000     629     592
 Reported claims                                                       in 1,000     218     214
 Headcount                                                                FTEs     1,813   1,840

* excluding provision for premium refunds

				
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posted:9/22/2011
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