kontinuita - Komunálna Poisťovňa

REPORT OF THE BOARD
OF DIRECTORS ON ECONOMIC
RESULTS, BUSINESS ACTIVITIES
AND COMPANY´S ASSETS
AS OF DECEMBER 31, 2008
Business year assessment
Total premium income volume of KONTINUITA
poisťovňa, a. s. Vienna Insurance Group in 2008 totalled
2,722,275,000 Sk, i.e., a year-on-year increase by
294,949,000 Sk (+12.15%). The most significant increase
was recorded in personal life insurance, i.e., by
294,344,000 Sk (+12.19%).
Premium income
Insurance type
Gross premium
income in 2004
Gross premium
income in 2005
Gross premium
income in 2006
Gross premium
income in 2007
Gross premium
income in 2008
in’000 Skv in % in’000 Skv in % in’000 Skv in % in’000 Skv in % in’000 Skv in %
Life insurance 939,550 99% 1,262,398 99% 1,624,402 99% 2,413,967 99% 2,708,311 99%
Non-life insurance 12,734 1% 15,483 1% 14,422 1% 13,359 1% 13,964 1%
Accident insurance 12,746 1% 15,483 1% 14,422 1% 13,359 1% 13,964 1%
Property insurance -12 0% 0 0% 0 0% 0 0% 0 0%
Total 952,284 100% 1,277,881 100% 1,638,824 100% 2,427,326 100% 2,722,275 100%
According to preliminary data from the Slovak Association
of Insurers, as of 31.12.2008 KONTINUITA finished
in 7th place with a total premium income of
2,722,275,000 Sk, posting a year-on-year market share
increase by +0.1 percentage point.
In life insurance segment the company was ranked 6 th
with 8.13% market share and premium income of
2,708,311,000 Sk.
Premium income 2004 – 2008 (in ‘000 Sk)
3,000,000
2,500,000
2,000,000
1,500,000
1,000,000
500,000
0
2004 2005 2006 2007
2008
Life
Accident
Property
KONTINUITA ANNUAL REPORT 47