Interim Report 2/2010 - Hannover Re

Segmental report
Segmental statement of income in EUR thousand
Non-life reinsurance
1.1.– 30. 6. 2010 1.1.– 30. 6. 2009
Gross written premium 3,271,740 3,081,463
thereof
From insurance business with other segments – –
From insurance business with external third parties 3,271,740 3,081,463
Net premium earned 2,638,216 2,481,898
Net investment income 308,689 237,917
thereof
Deposit interest and expenses 7,336 15,623
Claims and claims expenses 1,958,893 1,832,771
Change in benefit reserve – –
Commission and brokerage, change in deferred acquisition costs and other
technical income/expenses 590,631 513,526
Administrative expenses 81,522 78,261
Other income and expenses 17,972 21,830
Operating profit (EBIT) 333,831 317,087
Interest on hybrid capital – –
Net income before taxes 333,831 317,087
Taxes 96,163 77,665
Net income 237,668 239,422
thereof
Minority interest in profit or loss 22,546 16,215
Group net income 215,122 223,207
1 Adjusted on the basis of IAS 8 and IFRS 3
24 HALF-YEARLY financial report Segmental report
Hannover Re interim report 2/2010