Key figures of Property & Casualty reinsurance 2018-2022

Figures in EUR million 2022+/- previous year2021202012019 2018

1 Restated pursuant to IAS 8
2 Including interest on funds withheld and contract deposits

³ Operating result (EBIT)/net premium earned

Gross written premium 24,242.3 +26.1% 19,224.2 16,744.1 14,781.3 11,976.0
Net premium earned 21,637.4 +30.2% 16,623.9 14,205.4 12,797.6 10,804.2
Underwriting result2 45.7 -88.1% 383.5 (223.5) 235.4 372.8
Net investment income 1,470.3 +9.5% 1,343.1 990.1 1,069.4 1,035.1
Operating profit (EBIT) 1,352.1 -10.6% 1,512.3 831.3 1,285.8 1,322.6
Group net income 880.4 -18.7% 1,082.4 620.3 871.7 929.1
Earnings per share in EUR 7.30 -18.7% 8.98 5.10 7.23 7.70
EBIT margin3 6.2% 9.1% 5.9% 10.0% 12.2%
Retention 90.6% 90.1% 90.3% 90.3% 90.7%
Combined ratio2 99.8% 97.7% 101.6% 98.2% 96.5%