Erste Bank JPMorgan Merrill Lynch International

Detail
in EUR ’000
Gross
2006
Ceded to
reinsurers
2006
Retained
2006
Property/casualty insurance
Expenses for insurance claims
Claims and benefits . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,716,440 �354,442 1,361,998
Changes in provisions for outstanding claims . . . . . . . . . . . . . 204,998 �61,540 143,458
SUBTOTAL . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,921,438 �415,982 1,505,456
Change in mathematical reserve . . . . . . . . . . . . . . . . . . . . . . . . �70 46 �24
Change in other underwriting provisions . . . . . . . . . . . . . . . . . . 999 �3,889 �2,890
Expenses for the refund of premiums not dependent on profit . . 15,421 �177 15,244
TOTAL PAYMENTS . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,937,788 �420,002 1,517,786
Life insurance
Expenses for insurance benefits
Claims and benefits . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,011,073 �14,373 996,700
Changes in provisions for outstanding claims . . . . . . . . . . . . . 1,725 798 2,523
SUBTOTAL . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,012,798 �13,575 999,223
Change in mathematical reserve . . . . . . . . . . . . . . . . . . . . . . . . 1,289,309 �13,204 1,276,105
Change in other underwriting provisions . . . . . . . . . . . . . . . . . . 279 0 279
Expenses for the refund of premiums dependent to and not
dependent on profit . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 158,966 �10 158,956
TOTAL PAYMENTS . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2,461,352 �26,789 2,434,563
Health insurance
Expenses for insurance claims
Claims and benefits . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 203,605 �709 202,896
Changes in provisions for outstanding claims . . . . . . . . . . . . . 930 �8 922
SUBTOTAL . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 204,535 �717 203,818
Change in mathematical reserve . . . . . . . . . . . . . . . . . . . . . . . . 45,262 �183 45,079
Expenses for the refund of premiums not dependent on profit . . 12,074 0 12,074
TOTAL PAYMENTS . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 261,871 �900 260,971
TOTAL ........................................... 4,661,011 �447,691 4,213,320
32. OPERATING EXPENSES
Detail
in EUR ’000
Property/Casualty
2007
Life
2007
Health
2007
Commissions and other acquisition expenses . . . 733,402 436,055 24,615 1,194,072
Commission expenses . . . . . . . . . . . . . . . . . . . 487,347 286,327 5,588 779,262
Pro rata personnel expenses . . . . . . . . . . . . . . 139,473 60,254 10,301 210,028
Pro rata material costs. . . . . . . . . . . . . . . . . . . 106,582 89,474 8,726 204,782
SUBTOTAL . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 733,402 436,055 24,615 1,194,072
Administrative expenses . . . . . . . . . . . . . . . . . . . 211,838 108,192 14,193 334,223
Pro rata personnel expenses . . . . . . . . . . . . . . 103,449 43,713 5,727 152,889
Pro rata material costs. . . . . . . . . . . . . . . . . . . 108,389 64,479 8,466 181,334
SUBTOTAL . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 211,838 108,192 14,193 334,223
Reinsurance commissions received. . . . . . . . . . . �170,242 �12,827 �116 �183,185
Total .................................. 774,998 531,420 38,692 1,345,110
F-69
Total
2007