Annual Report 2011 - R+V Versicherung
Annual Report 2011 - R+V Versicherung
Annual Report 2011 - R+V Versicherung
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60<br />
Notes to the income statement<br />
Notes to the income statement<br />
I. 1.A.) GROSS PREMIUMS WRITTEN<br />
in EUR <strong>2011</strong> 2010<br />
Property, health and accident insurance 1,464,205,855 1,343,236,442<br />
Life insurance 28,150,350 27,952,823<br />
Status as of 31 December 1,492,356,205 1,371,189,265<br />
I. 2. OWN ACCOUNT TECHNICAL INTEREST INCOME<br />
in EUR <strong>2011</strong> 2010<br />
Status as of 31 December 1,659,320 1,727,237<br />
This concerns deposit interest from securities in the amount of<br />
the securities provided for the actuarial provisions and the<br />
pension actuarial reserves at the reinsurers.<br />
I. 4. EXPENDITURE ON CLAIMS FOR OWN ACCOUNT<br />
in EUR <strong>2011</strong> 2010<br />
Status as of 31 December 1,183,282,474 1,016,203,900<br />
There was a gross loss of 187.2 m euros from the settlement<br />
of the provisions for outstanding claims assumed from the<br />
previous fiscal year.<br />
The reinsurers’ shares were calculated in accordance with<br />
contractual agreements and deducted accordingly.<br />
This settlement was contrasted with supplementary credit<br />
premiums of 197.5 m euros. These resulted from reinsurance<br />
policies whose term does not correspond to a calendar year or<br />
which were concluded on an underwriting year basis.
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