Annual Report 2011 - R+V Versicherung

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MANAGEMENT REPORT
Business development and basic conditions
Overview of the business development of
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R+V Versicherung AG 12
Profitability 19
Financial situation 20
Assets situation 20
Supplementary report 21
Risk report 22
Forecast 29
34
PROPOSAL ON THE APPROPRIATION OF PROFITS
Proposal on the appropriation of profits 34
35
ANNUAL FINANCIAL STATEMENTS
Balance sheet 36
Income statement 40
Notes 43
Accounting and valuation methods 43
List of shareholdings 47
Notes to the balance sheet – assets 52
Notes to the balance sheet – equity and liabilities 57
Notes to the income statement 60
Management Report 4 Annual Financial Statements 35 Further Information 62 3
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FURTHER INFORMATION
Other information 62
Supervisory Board of R+V Versicherung AG 62
Board of Management of R+V Versicherung AG 63
Auditor's report 67
Report of the Supervisory Board 68
Glossary 70
Addresses of R+V Insurance Companies 75