Pofit and loss account of non-life insurers  
 
period

Until 31.12.2010 in thousand kroons, since 31.03.2011 in thousand euros
 
Earned premiums, net of reinsurance
Gross premiums
Ceded premiums
Change in unearned premiums provision
Reinsurers' share in change of unearned premiums provision
Claims incurred, net of reinsurance
Total claims paid
Claims paid
Claim handling expenses
Subrogations and salvage
Reinsurers' share in claims paid
Change in outstanding claims provision
Reinsurers' share in change of outstanding claims provision
Change in other technical provisions, net of reinsurance
Gross amount
Reinsurers' share
Bonuses, net of reinsurance
Net operating expenses
Acquisition costs
Change in deferred acquisition costs
Administrative expenses
Reinsurance commissions and profit participation
Reinsurers' share in change of deferred acquisition costs
Other technical income and expenses, net of reinsurance
TECHNICAL RESULT
Investments income and expenses
Net income / expenses from non-current assets held for sale
Net income / expenses from investment property
Net income / expenses from subsidiaries and associated undertakings
Net interest income / expenses
Change in value of other investments
Profit/loss from the realisation of investments
Expenses from other investments
Other income and expenses
Income tax
Profit / loss for the period
 
Loss ratio, gross
Loss ratio, net
Expense ratio, gross
Expense ratio, net
Combined ratio, gross
Combined ratio, net
 
D.A.S. Őigusabikulude Kindlustus
849
2 114
1 268
8
-5
114
247
68
194
15
148
-38
23
0
0
0
0
681
1 192
-0
492
1 003
0.469
0
54
0.583
0
0
0
11
-6
0
4
-49
0
6
 
13.4 %
13.4 %
79.4 %
80.2 %
92.8 %
93.6 %
 
ERGO Insurance SE*****
108 849
121 044
6 746
-5 675
226
71 699
65 873
64 580
6 880
5 587
423
-6 689
441
45
45
0
0
37 649
33 995
906
5 471
974
-62
-1 072
-1 526
1 556
0
0
216
1 513
-563
691
301
983
259
754
 
63.6 %
66.7 %
33.8 %
35 %
97.4 %
101.7 %
 
Swedbank P&C Insurance **
55 611
59 862
3 664
-611
25
32 643
31 589
32 380
2 115
2 906
1 585
-3 205
567
-35
-35
0
0
7 288
3 642
0
4 413
773
-7
-219
15 426
122
0
0
0
372
-168
-15
66
-282
2 743
12 523
 
59 %
59 %
13.6 %
13.2 %
72.6 %
72.2 %
 
If P&C Insurance AS***
126 545
133 200
3 040
-3 669
54
75 424
72 581
74 793
4 315
6 526
1 107
-3 159
-790
0
0
0
0
32 293
22 700
273
10 066
210
-9
-981
17 847
2 533
0
0
2 000
2 704
-1 941
369
600
-611
809
18 959
 
58.9 %
60.1 %
25.3 %
25.7 %
84.2 %
85.8 %
 
Inges Kindlustus
1 116
2 295
921
-536
278
541
1 879
1 669
380
169
716
1 193
-571
102
102
0
0
713
427
138
271
-112
-41
-71
-106
-11
0
0
0
13
-23
0
0
101
0
-16
 
34.9 %
42.6 %
33.4 %
69.1 %
68.3 %
111.7 %
 
Salva Kindlustus
12 065
19 114
6 649
-707
307
7 597
10 707
9 705
1 275
274
4 017
-1 626
720
0
0
0
0
4 202
4 495
98
1 057
1 244
7
-230
36
1 134
0
0
1 038
412
-252
62
126
-66
145
959
 
67.8 %
64.2 %
30 %
35.5 %
97.9 %
99.7 %
 
Seesam Insurance AS ****
53 166
56 415
3 200
-53
5
34 022
35 873
35 928
2 388
2 442
743
1 021
87
55
55
0
0
16 683
11 353
-20
5 393
83
-1
-314
2 202
671
0
0
0
1 553
-626
-133
122
-55
148
2 671
 
62.2 %
64.4 %
30 %
31.6 %
92.1 %
96 %
 
AS KredEx Krediidikindlustus
709
1 417
709
-0
0.153
317
1 048
1 766
53
771
497
467
-234
0
0
0
0
315
240
0
241
166
0
0
76
92
0
0
0
177
-125
40
0
-136
0
32
 
41 %
44.7 %
34 %
44.5 %
75 %
89.3 %
 
TOTAL
358 910
395 461
26 197
-11 244
890
222 355
219 798
220 889
17 599
18 690
9 236
-12 036
243
166
166
0
0
99 824
78 045
1 395
27 404
4 342
-112
-2 887
34 010
6 098
0
0
3 254
6 754
-3 704
1 013
1 219
-114
4 104
35 889
 
60.8 %
62.5 %
27.3 %
28.1 %
88.1 %
90.6 %

** business name to 17.03.2009 - AS Hansa Varakindlustus, business name to 01.03.2011 - Swedbank Varakindlustus AS
*** business name to 11.06.2009 - AS If Eesti Kindlustus
**** business name to 31.05.2011 - Seesam Rahvusvaheline Kindlustus AS
***** business name to 02.01.2013 - ERGO Kindlustuse AS
Loss ratio, gross : claims incurred, gross / earned premiums, gross
Loss ratio, net : claims incurred, net of reinsurance / earned premiums, net of reinsurance
Expense ratio, gross : expenses, gross / earned premiums, gross
Expense ratio, net : expenses, net of reinsurance / earned premiums, net of reinsurance
Combined ratio, gross : (claims incurred, gross + expenses, gross) / earned premiums, gross
Combined ratio, net : (claims incurred, net of reinsurance + expenses, net of reinsurance) / earned premiums, net of reinsurance