7.8 Claims

Claims

 

 

in EUR

 

2011

2010

NON-LIFE INSURANCE

 

 

Gross claims settled

413,518,015

448,483,223

Income from gross subrogated receivables

-22,604,920

-24,743,559

Reinsurers’ share of gross claims settled

-23,200,038

-30,576,036

Co-insurers’ share of gross claims settled

749,462

427,720

Change in gross claims provisions

-4,377,568

-3,761,779

Change in gross claims provisions for re/co-insurer’s share

2,851,930

-2,723,529

NET CLAIMS INCURRED ON NON-LIFE INSURANCE

366,936,881

387,106,040

LIFE INSURANCE

 

 

Gross claims settled

140,482,689

107,291,185

Change in gross claims provisions

-827,641

-285,576

NET CLAIMS INCURRED ON LIFE INSURANCE

139,655,048

107,005,609

HEALTH INSURANCE

 

 

Gross claims settled

62,541,802

57,361,376

Subrogation income

-65,371

-66,766

Change in gross claims provisions

391,436

436,755

Equalisation scheme expenses

6,657,237

5,861,892

TOTAL NET CLAIMS INCURRED ON HEALTH INSURANCE

69,525,104

63,593,257

NET CLAIMS INCURRED TOTAL

576,117,033

557,704,906

 

Documents

 
 
 

Overview of net claims incurred by insurance class in 2011


 

 

in EUR

Insurance class

Gross claims

 Reinsurers’ share

Net claims incurred

Accident insurance

27,727,094

-578,751

27,148,343

Health insurance

63,365,805

-29,982

63,335,823

Land motor vehicle insurance

114,822,402

-9,195,630

105,626,772

Railway insurance

1,177,697

0

1,177,697

Aircraft insurance

350,279

-66,025

284,254

Marine Insurance

1,520,554

-62,240

1,458,314

Cargo insurance

3,821,103

-1,067,552

2,753,551

Fire and natural forces insurance

42,904,406

-13,375,604

29,528,802

Other damage to property insurance

70,704,964

-12,812,500

57,892,464

Motor TPL insurance

130,239,045

-8,959,297

121,279,748

Aircraft liability insurance

615,551

-549,405

66,146

Marine liability insurance

176,412

-3,891

172,521

General liability insurance

21,412,649

-2,614,576

18,798,073

Credit insurance

17,869,802

-1,970,851

15,898,951

Suretyship insurance

1,850,439

-822,920

1,027,519

Miscellaneous financial loss insurance

4,286,905

-2,852,797

1,434,108

Legal expenses insurance

4,785

82

4,867

Travel assistance insurance

5,765,623

-318,885

5,446,738

TOTAL NON-LIFE INSURANCE

508,615,515

-55,280,824

453,334,691

Life insurance

88,162,604

-116,749

88,045,855

Unit-linked life insurance

27,976,054

0

27,976,054

Capital redemption insurance

24,344,033

0

24,344,033

TOTAL LIFE INSURANCE

140,482,691

-116,749

140,365,942

TOTAL

649,098,206

-55,397,573

593,700,633

Consolidation adjustments

-32,555,697

32,197,532

-358,165

TOTAL

616,542,506

-23,200,038

593,342,468

 
 
 

Gross claims include gross claims settled and assessment costs divided by function, not reduced by subrogation receivables (see Section 7.11 Acquisition costs and other operating expenses).

 
 
 

Overview of net claims incurred by insurance class in 2010


 

 

in EUR

Insurance class

Gross claims

 Reinsurers’ share

Net claims incurred

Accident insurance

29,576,277

-637,420

28,938,857

Health insurance

58,114,256

-55,973

58,058,283

Land motor vehicle insurance

132,501,504

-13,829,866

118,671,639

Railway insurance

913,146

0

913,146

Aircraft insurance

1,984,709

-1,461,466

523,243

Marine Insurance

1,400,095

-75,272

1,324,823

Cargo insurance

1,982,977

-643

1,982,334

Fire and natural forces insurance

49,888,653

-18,751,744

31,136,909

Other damage to property insurance

80,655,804

-21,829,083

58,826,721

Motor TPL insurance

137,711,219

-7,742,182

129,969,038

Aircraft liability insurance

1,394,606

-1,336,399

58,207

Marine liability insurance

245,677

-14,782

230,895

General liability insurance

19,983,543

-965,760

19,017,783

Credit insurance

18,521,752

-993,797

17,527,955

Suretyship insurance

649,854

-187,466

462,388

Miscellaneous financial loss insurance

6,581,790

-4,328,569

2,253,221

Legal expenses insurance

6,400

-120

6,280

Travel assistance insurance

5,810,710

-316,885

5,493,825

TOTAL NON-LIFE INSURANCE

547,922,973

-72,527,425

475,395,548

Life insurance

84,898,580

-162,101

84,736,478

Unit-linked life insurance

18,568,703

0

18,568,703

Capital redemption insurance

3,904,953

0

3,904,953

TOTAL LIFE INSURANCE

107,372,236

-162,101

107,210,134

TOTAL

655,295,209

-72,689,527

582,605,682

Consolidation adjustments

-42,159,425

42,113,491

-45,934

TOTAL

613,135,784

-30,576,036

582,559,748

 
 
 

Reinsurance result

 

 

in EUR

 

2011

2010

Reinsurance premiums

-79,191,128

-74,371,737

Changes in reinsurers’ share of unearned premiums

3,152,548

1,618,404

Reinsurers’ share of claims

23,200,041

30,148,316

Changes in claims provisions for reinsurers’ shares

2,851,927

2,723,529

NET RESULT FOR REINSURANCE OPERATIONS

-49,986,612

-39,881,488

Reinsurance commission

2,450,904

-1,893,168

GROSS REINSURANCE RESULT

-47,535,708

-41,774,656

 

Documents

 
 
 
 
 
 
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