kontinuita - Komunálna Poisťovňa
kontinuita - Komunálna Poisťovňa
kontinuita - Komunálna Poisťovňa
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NOTES TO<br />
THE FINANCIAL<br />
STATEMENTS<br />
17. Net written premium<br />
2008 2007<br />
Long-term insurance contracts<br />
- written premium 2,718,512 2,421,237<br />
- change in the unearned premium provision -61 2,357<br />
Short-term insurance contracts<br />
- written premium 3,949 6,089<br />
- change in the unearned premium provision -32 -61<br />
Premium from insurance contracts concluded 2,722,368 2,429,622<br />
Long-term reinsurance contracts<br />
- premium assigned to reinsurers 46,458 46,151<br />
- change in the unearned premium provision -34 1,548<br />
Short-term reinsurance contracts<br />
- change in the unearned premium provision 111 115<br />
- change in the unearned premium provision -1 -2<br />
Premium assigned to reinsurers from insurance contracts concluded 46,534 47,812<br />
Net written premium 2,675,834 2,381,810<br />
18. Investment income<br />
2008 2007<br />
Interest income from investments held to maturity 86,076 84,285<br />
Interest income from investments available for sale 60,084 41,821<br />
Interest income from cash and cash equivalents 4,368 9,657<br />
Foreign exchange differences 6,482 5,530<br />
Total 157,010 141,293<br />
19. Net realized gains on financial assets available for sale<br />
2008 2007<br />
Realized gains on financial assets available for sale<br />
- equity securities 157,511 38,279<br />
- debt securities 164,899 9,762<br />
Fair value of an embedded derivative -19,930 -28,410<br />
Realized losses on financial assets available for sale<br />
- equity securities -337,166 -50,638<br />
- debt securities -195,358 -521<br />
- valuation allowances -74,958 -<br />
Foreign exchange differences -1,047 -842<br />
Total -306,049 -32,370<br />
KONTINUITA ANNUAL REPORT 163
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