Sava Re Group
| EUR | 2008 | 2007 | 2006 |
|---|---|---|---|
| Net earned premium |
194.113.774 |
157.735.900 |
118.617.819 |
| Net claim incurred |
121.848.431 |
97.852.916 |
77.442.187 |
| Operating expenses (including commission) |
70.841.502 |
53.374.227 |
38.527.999 |
| Profit for the period attributable to equity holders of the company |
-8.902.709 |
20.218.468 |
12.940.555 |
| Return on equity1 |
-4,9% |
13,5% |
10,1% |
| Combined ratio, net of reinsurance2 |
99,3% |
95,8% |
97,8% |
| Loss ratio, net of reinsurance3 |
62,8% |
62,0% |
65,3% |
| Cost ratio, net of reinsurance4 |
36,5% |
33,8% |
32,5% |
| Return on investments5 |
0,3% |
9,0% |
6,2% |
1 Profit for the period / average shareholders' equity over the period
2 Loss ratio, net of reinsurance + cost ratio, net of reinsurance
3 Net claims incurred / net earned premiums
4 Operating expenses (including commission) / net earned premiums
5 Net investment income plus income from investments in associates / average investments (investment property, investments in associates and financial investments) over the period
Sava Re
| EUR | 2008 | 2007 | 2006 |
|---|---|---|---|
| Net earned premiums |
109.098.508 |
93.681.613 |
82.553.053 |
| Net claim incurred |
79.061.685 |
63.085.858 |
55.125.201 |
| Operating expenses (including commission) |
36.332.598 |
28.999.627 | 26.256.258 |
| Profit for the period attributable to equity holders of the company |
-7.991.649 |
18.205.424 |
9.631.981 |
| Return on equity1 |
-5,3% |
13,8% |
8,5% |
| Combined ratio, net of reinsurance2 |
105,8% |
98,3% |
98,6% |
| Loss ratio, net of reinsurance3 |
72,5% |
67,3% |
66,8% |
| Cost ratio, net of reinsurance4 |
33,3% |
31,0% |
31,8% |
| Return on investments5 |
-1,0% |
8,7% |
5,2% |
1 Profit for the period / average shareholders' equity over the period
2 Loss ratio, net of reinsurance + cost ratio, net of reinsurance
3 Net claims incurred / net earned premiums
4 Operating expenses (including commission) / net earned premiums
5 Net investment income plus income from investments in associates / average investments (investment property, investments in associates and financial investments) over the period