Key figures of Property & Casualty reinsurance 2016-2020
| Figures in EUR million | 2020 | +/- previous year | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|
| 1 Incl. expenses on funds withheld and contract deposits 2 Operating profit (EBIT)/net premium earned |
||||||
| Gross written premium | 16,744.1 | +13.3% | 14,781.3 | 11,976.0 | 10,710.9 | 9,204.6 |
| Net premium earned | 14,205.4 | +11.0% | 12,797.6 | 10,804.2 | 9,158.7 | 7,985.0 |
| Underwriting result1 | (223.5) | -195.0% | 235.4 | 372.8 | 15.5 | 503.1 |
| Net investment income | 990.1 | -7.4% | 1,069.4 | 1,035.1 | 1,209.3 | 900.9 |
| Operating profit (EBIT) | 831.3 | -35.3% | 1,285.8 | 1,322.6 | 1,120.2 | 1,340.3 |
| Group net income | 620.3 | -28.8% | 871.7 | 929.1 | 837.3 | 949.9 |
| Earnings per share in EUR | 5.14 | -28.8% | 7.23 | 7.70 | 6.94 | 7.88 |
| EBIT margin2 | 5.9% | 10.0% | 12.2% | 12.2% | 16.8% | |
| Retention | 90.3% | 90.3% | 90.7% | 89.7% | 88.5% | |
| Combined ratio1 | 101.6% | 98.2% | 96.5% | 99.8% | 93.7% | |