Property/Casualty Primary Insurance

  • Appreciably improved underwriting result pushes EBIT slightly higher despite weak investment income
  • Favorable development of foreign business: modest organic growth along with acquisitions in Chile and Ukraine
  • Organizational aspects of the Gerling acquisition completed
left: Gross written premium 1) in EUR bn: 2004 = 5.4, 2005 = 3.5, 2006 = 5.6, 2007 = 6.0, 2008 = 5.9; right: Operating profit (EBIT) 1) in EUR m: 2004 = 104, 2005 = 340, 2006 = 339, 2007 = 240, 2008 = 258; All figures: IFRS 1) Comparability of figures for 2004 and 2005 is limited due to modified segment allocation

All figures: IFRS
1) Comparability of figures for 2004 and 2005 is limited due to modified segment allocation