Key figures Life & Health reinsurance 2013-2017

Figures in EUR million2017 +/- previous year 201612015 2014 2013

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

Gross written premium 7,079.6 -1.0% 7,149.0 7,730.9 6,458.7 6,145.4
Net premium earned 6,472.8 +0.6% 6,432.4 6,492.4 5,411.4 5,359.8
Investment income 560.6 -12.3% 638.9 709.2 614.2 611.5
Claims and claims expenses 5,666.8 +3.4% 5,480.3 5,459.0 4,636.2 4,305.7
Change in benefit reserve 0.6 -100.7% (83.0) 101.1 28.6 146.5
Commissions 1,081.8 +5.8%

1,022.8

1,075.1 946.4 1,169.0
Own administrative expenses 210.7 +4.3% 202.0 197.3 175.7 156.7
Other income / expenses 170.6 +154.1% 67.1 35.9 25.1 (42.9)
Operating result (EBIT) 245.2 -28.6% 343.3 406.1 263.8 150.5
Net income after tax 172.6 -31.7% 252.9 289.6 205.0 164.2
Earnings per share in EUR 1.43 -31.7% 2.10 2.40 1.70 1.36
Retention 91.7% 90.4% 84.2% 83.9% 89.7%
EBIT margin2 3.8% 5.3% 6.2% 4.9% 2.8%