Sava Re
3Q 2009
| EUR |
1 - 9 2009 |
2008 | 2007 |
|---|---|---|---|
|
Net earned premiums |
92.384.506 |
109.098.508 |
93.681.613 |
|
Net claim incurred |
68.268.253 |
79.061.685 |
63.085.858 |
|
Operating expenses (including commission) |
27.858.549 |
36.332.598 |
28.999.627 |
|
Profit for the period attributable to equity holders of the company |
-6.603.763 |
-7.991.649 |
18.205.424 |
|
|
|||
|
Return on equity1 |
-4,3% |
-5,3% |
13,8% |
|
Combined ratio, net of reinsurance2 |
104,1% |
105,8% |
98,3% |
|
Loss ratio, net of reinsurance3 |
73,9% |
72,5% |
67,3% |
|
Cost ratio, net of reinsurance4 |
30,2% |
33,3% |
31,0% |
|
Return on investments |
-1,4% |
-1,0% |
8,7% |
1 Profit for the period / average shareholders' equity over the period
2 Combined loss ratio, net of reinsurance and cost ratio, net of reinsurance
3 Net claims incurred / net earned premiums
4 Operating expenses, including reinsurance commissions / net earned premiums