Group Key Figures

Important data at a glance

Group key figures	Page	2008 € million	2007 € million	2006 € million	2005 € million	2004 € million
Premiums written	Details	5,002	4,528	4,532	4,370	3,600
Savings portion of premiums from unit- and index-linked life insurance		823	748	559	360	178
Premiums written incl. the savings portion of premiums from unit- and index-linked life insurance¹⁾		5,825	5,276	5,091	4,730	3,778

Premiums earned (net)²⁾	Details	4,730	4,106	4,130	4,000	3,302
of which property and casualty insurance		2,214	1,858	1,716	1,628	1,394
of which health insurance		946	906	887	849	742
of which life insurance		1,570	1,342	1,527	1,523	1,166
Premiums earned (net) incl. the savings portion of premiums from unit- and index-linked life insurance		5,504	4,801	4,629	4,311	3,431

Insurance benefits	Details	–3,562	–3,597	–3,716	–3,777	–3,033

Operating expenses (net)³⁾	Details Details	–1,237	–1,056	–967	–928	–826
Cost ratio (net after reinsurance)	Details	22.5%	22.0%	20.9%	21.5%	24.2%
Cost ratio (adjusted for the change in deferred acquisition costs)	Details	22.4%	22.4%	22.1%	22.6%	24.9%
Combined ratio (gross before reinsurance)	Details	94.2%	98.7%	95.4%	98.2%	95.8%

Net investment income⁴⁾	Details Details	189	955	865	963	748

Profit on ordinary activities	Details	90	340	238	190	121
Net profit	Details	67	269	175	133	102

Investments⁵⁾	Details Details	21,342	21,544	21,155	19,367	16,598
Technical provisions (net) ⁶⁾	Details Details Details	19,857	19,559	19,064	17,674	15,544

Shareholders’ equity	Details	1,265	1,336	1,122	930	683
Total equity incl. minority interests	Details	1,459	1,532	1,330	1,134	860

Average number of employees	Details Details	13,674	10,997	10,748	9,943	9,701
Insurance policies		14,699,534	13,130,215	12,533,673	11,892,828	11,739,085
¹⁾ Values gross before reinsurance. ²⁾ Fully consolidated values. ³⁾ Incl. reinsurance provisions and profit shares from reinsurance business ceded. ⁴⁾ Minus financing costs. ⁵⁾ Incl. self-used land and buildings, land and buildings held as financial investments, shares in associated companies and investments held on account and at risk of life insurance policyholders. ⁶⁾Incl. technical provisions for life insurance policies held on account and at risk of policyholders.

Group Key Figures

Important data at a glance

At a glance (Graphics)

Broad Coverage in Europe

Glossary