Key figures Life & Health reinsurance 2016-2020

Figures in EUR million2020 +/- previous year 20192018 2017 20161

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

Gross written premium 8,021.4 +2.6% 7,816.4 7,200.4 7,079.6 7,149.0
Net premium earned 7,150.3 +3.2% 6,931.9 6,484.8 6,472.8 6,425.0
Investment income 695.3 +1.6% 684.5 491.8 560.6 638.9
Claims and claims expenses 6,438.3 +10.7% 5,817.5 5,341.6 5,666.8 5,480.3
Change in benefit reserve 103.5 - (10.8) (50.8) 0.6 (83.0)
Commissions 1,202.6 -4.2% 1,254.8 1,263.6 1,081.8 1,020.8
Own administrative expenses 254.1 -0.6% 255.7 216.9 210.7 202.0
Other income / expenses 330.7 +14.4% 289.0 172.1 170.6 67.1
Operating result (EBIT) 384.8 -32.5% 569.9 275.9 245.2 343.3
Net income after tax 323.3 -31.4% 471.6 185.9 172.6 252.9
Earnings per share in EUR 2.68 -31.4% 3.91 1.54 1.43 2.10
Retention 89.8% 89.5% 90.7% 91.7% 90.4%
EBIT margin2 5.4% 8.2% 4.3% 3.8% 5.3%