Working together with numerous stakeholder groups, the Global Reporting Initiative develops global guidelines for the preparation of sustainability reports by companies, governments and NGOs. Its aim is to create the greatest possible level of transparency and standardisation so as to facilitate comprehensive comparability.
Global Reporting Initiative (GRI)
The excess of the cost of an acquired entity over the net of the amounts assigned to assets acquired and liabilities assumed.
Gross items constitute the relevant sum total deriving from the acceptance of direct insurance policies or reinsurance treaties; retro items constitute the relevant sum total deriving from own reinsurance cessions. The difference is the corresponding net item (gross - retro = net, also: for own account).