Key figures Life & Health reinsurance 2014-2018

Figures in EUR million2018 +/- previous year 201712016 2015 2014

1 Adjusted pursuant to IAS 8
2 Operating result (EBIT)/net premium earned

Gross written premium 7,200.4 +1.7% 7,079.6 7,149.0 7,730.9 6,458.7
Net premium earned 6,484.8 +0.2% 6,472.8 6,432.4 6,492.4 5,411.4
Investment income 491.8 -12.3% 560.6 638.9 709.2 614.2
Claims and claims expenses 5,341.6 -5.7% 5,666.8 5,480.3 5,459.0 4,636.2
Change in benefit reserve (50.8) - 0.6 (83.0) 101.1 28.6
Commissions 1,263.6 +2.9% 1,081.8 1,022.8 1,075.1 946.4
Own administrative expenses 216.9 +2.9% 210.7 202.0 197.3 175.7
Other income / expenses 172.1 +0.9% 170.6 67.1 35.9 25.1
Operating result (EBIT) 275.9 +12.5% 245.2 343.3 406.1 263.8
Net income after tax 185.9 +7.7% 172.6 252.9 289.6 205.0
Earnings per share in EUR 1.54 +7.7% 1.43 2.10 2.40 1.70
Retention 90.7% 91.7% 90.4% 84.2% 83.9%
EBIT margin2 4.3% 3.8% 5.3% 6.2% 4.9%