Key figures of Property & Casualty reinsurance 2015-2019

Figures in EUR million 2019+/- previous year20182017 2016 2015
1 Operating profit (EBIT)/net premium earned
2 Incl. expenses on funds withheld and contract deposits
Gross written premium 14,781.3 +23.4% 11,976.0 10,710.9 9,204.6 9,338.0
Net premium earned 12,797.6 +18.5% 10,804.2 9,158.7 7,985.0 8,099.7
Underwriting result2 235.4 -36.9% 372.8 15.5 503.1 452.4
Net investment income 1,069.4 +3.3% 1,035.1 1,209.3 900.9 945.0
Operating profit (EBIT) 1,285.8 -2.8% 1,322.6 1,120.2 1,340.3 1,341.3
Group net income 871.7 -6.2% 929.1 837.3 949.9 914.7
Earnings per share in EUR 7.23 -6.2% 7.70 6.94 7.88 7.58
EBIT margin1 10.0% 12.2% 12.2% 16.8% 16.6%
Retention 90.3% 90.7% 89.7% 88.5% 89.3%
Combined ratio2 98.2% 96.5% 99.8% 93.7% 94.4%