4.4 Legal risk - Scor

Combined ratio
For detailed calculation of combined ratio refer to table below:
At 31 December
In EUR million 2012 2011 2010
Gross earned premiums 4,500 3,802 3,548
Ceded earned premiums (437) (359) (258)
Net earned premiums 4,063 3,443 3,290
Gross benefits and claims paid (2,833) (3,038) (2,405)
Ceded claims 177 402 63
Total Net claims (2,656) (2,636) (2,342)
Loss ratio 65.5% 76.6% 71.2%
Gross commission on earned premiums (956) (773) (714)
Ceded commissions 49 32 15
Total Net commissions (907) (741) (699)
Commission ratio 22.3% 21.5% 21.1%
Total Technical Ratio 87.8% 98.1% 92.5%
Acquisition and administrative expenses (176) (166) (160)
Other current operating expenses (44) (35) (28)
Other income and expense from reinsurance
operations (39) (19) (18) (1)
Total P&C management expenses (259) (220) (206)
Total P&C management expense ratio 6.3% 6.4% 6.2%
TOTAL COMBINED RATIO 94.1% 104.5% 98.7%
(1) Of which, other income/expenses excluded from the Combined Ratio for EUR 27 million
Life technical margin
For detailed calculation of technical margin refer to table below:
At 31 December
In EUR million 2012 2011 2010
Gross earned premiums 4,867 3,613 3,037
Ceded earned premiums (531) (346) (285)
Net earned premiums 4,336 3,267 2,752
Net technical result 156 111 (23)
Interest on deposits Net 178 160 168
Change in fair value of investments (Untill 2011) 0 (5) 3
Technical result 334 266 148
Net technical margin 7.7% 8.1% 5.4%
100