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Gothaer Allgemeine Versicherung AG Group Annual Report for ...

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Operating results<br />

Key Figures<br />

(consolidated in accordance with IFRS)<br />

Five-year summary of key figures<br />

€ million<br />

Financial Year<br />

2011 2010 2009 2008<br />

2007<br />

Gross premiums written 1,496.1 1,456.9 1,448.8 1,458.3 1,433.6<br />

Net premiums earned 1,256.4 1,222.2 1,197.2 1,192.7 1,171.5<br />

Policyholder benefits (net) 858.5 821.6 790.5 724.1 781.0<br />

Underwriting expenses (net) 372.5 388.2 354.0 394.7 396.2<br />

Profit <strong>for</strong> the year be<strong>for</strong>e transfer of profit 50.7 90.1 102.9 99.4 181.5<br />

Investments 2,983.9 2,907.8 2,898.1 2,702.9 2,744.8<br />

Investment result 105.8 104.1 95.2 81.1 182.4<br />

Underwriting reserves (net) 1,673.3 1,625.6 1,618.8 1,571.3 1,569.5<br />

<strong>Group</strong> equity 969.8 1,008.8 957.5 952.0 868.1<br />

Employees (average number) 2,929 3,025 3,328 3,391 3,423

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