| in EUR thousand | 1.1. – 31.3.2015 | 1.1. – 31.3.2014 |
|---|---|---|
| Gross written premium | 4,400,225 | 3,624,439 |
| Ceded written premium | 502,898 | 421,971 |
| Change in gross unearned premium | (512,559) | (323,759) |
| Change in ceded unearned premium | 47,082 | 34,027 |
| Net premium earned | 3,431,850 | 2,912,736 |
| Ordinary investment income | 312,225 | 241,406 |
| Profit / loss from investments in associated companies | 2,501 | 2,922 |
| Realised gains and losses on investments | 44,998 | 54,105 |
| Change in fair value of financial instruments | (10,638) | 7,447 |
| Total depreciation, impairments and appreciation of investments | 8,186 | 5,541 |
| Other investment expenses | 24,255 | 27,803 |
| Net income from investments under own management | 316,645 | 272,536 |
| Income / expense on funds withheld and contract deposits | 99,009 | 88,615 |
| Net investment income | 415,654 | 361,151 |
| Other technical income | 589 | 388 |
| Total revenues | 3,848,093 | 3,274,275 |
| Claims and claims expenses | 2,712,847 | 2,178,786 |
| Change in benefit reserves | (41,366) | 49,819 |
| Commission and brokerage, change in deferred acquisition costs | 662,783 | 583,976 |
| Other acquisition costs | 1,362 | 1,341 |
| Other technical expenses | 2,045 | 2,906 |
| Administrative expenses | 100,984 | 93,777 |
| Total technical expenses | 3,438,655 | 2,910,605 |
| Other income and expenses | 19,560 | (14,047) |
| Operating profit (EBIT) | 428,998 | 349,623 |
| Interest on hybrid capital | 24,997 | 27,794 |
| Net income before taxes | 404,001 | 321,829 |
| Taxes | 125,676 | 62,330 |
| Net income | 278,325 | 259,499 |
| thereof | ||
| Non-controlling interest in profit and loss | (1,386) | 26,545 |
| Group net income | 279,711 | 232,954 |
| Earnings per share (in EUR) | ||
| Basic earnings per share | 2.32 | 1.93 |
| Diluted earnings per share | 2.32 | 1.93 |
