Výročná správa 2009 - Komunálna Poisťovňa

(All amount are in thousands of Euros, unless stated otherwise)Technical risk management is regulated by individual insurance product methodologies thatinclude underwriting competencies and powers.Based on these instructions:• insurance contracts for selected products can only be offered through the Central Non-LifeInsurance Desk, regardless of the amount of premium,• property insurance or a liability insurance contract above the limit can only be offered by theCentral Non-Life Insurance Desk, while the above-the-limit offer is:• for property insurance, every proposal where the total insurance amount is at least EUR3,340,000 (for high-risk industries, every proposal where the total insurance amount isat least EUR 1,670,000 is an over-the-limit proposal)• for liability insurance, every proposal where the total insurance amount is at least EUR670,000 is an over-the-limit proposal.For business property insurance, particularly of those businesses involved in production, theCompany uses a risk management methodology and techniques applied in determining risksand analysing losses or potential losses prior to the risk underwriting through modelling damagescenarios. It also co-operates with reinsurers and other partners regarding risk diversification.Concentration of insurance risk at 31 December 2009 without reinsuranceTotal insurance coverage (in thousands of Euros)0 – 300 300 – 600 600 – 1 000 1 000 – 1 500 Over 1 500 TotalProperty 2,046,368 819,165 869,353 658,752 4,263,260 8,656,898Liability 188,897 76,326 154,365 1,359 15,841 436,788CASCO 1,172,998 7,007 1,416 - - 1,181,421MTPL - - 175,928 - 393,885,000 394,060,928Other 114,985 118,170 - - - 233,155Total 3,523,248 1,020,668 1,201,062 660,111 398,164,101 404,569,190Effective 1 January 2009, a legal change created a new limit for MTPL, which had an impacton the total amount of insurance coverage.Concentration of insurance risk at 31 December 2008 without reinsuranceTotal insurance coverage (in thousands of Euros)0 - 300 300 – 600 600 – 1 000 1 000 – 1 500 Over 1 500 TotalProperty 1,848,878 805,866 869,033 678,270 4,501,047 8,703,094Liability 175,771 77,385 134,238 1,359 11,950 400,703CASCO 1,192,893 6,796 - - - 1,199,689MTPL - - 106,037,941 - 3,172,675 109,210,616Other 11,305 169,289 - - - 180,594Total 3,228,847 1,059,336 107,041,212 679,629 7,685,672 119,694,696Total 3,228,847 1,059,336 107,041,212 679,629 7,685,672 119,694,696Concentration of insurance risk at 31 December 2009 after reinsuranceTotal insurance coverage (in thousands of Euros)0 - 300 300 – 600 600 – 1 000 1 000 – 1 500 Over 1 500 TotalProperty 1,023,084 409,583 434,676 263,501 795,815 2,926,759Liability 94,448 38,163 77,183 543 2,438 212,775CASCO 879,748 5,255 1,062 - - 886,065MTPL - - 138,104 - 309,199,725 309,337,829Other 46,500 118,170 - - - 164,670Total 2,043,880 571,171 651,025 264,044 309,997,978 313,528,098Ročná účtovná závierka a komentár I Company Accounts143