Financial years '93-'99 (as reported until Annual Report '99)

  Download financial years 1993-1999


CHF millions
1993
1994
1995
1996
1997
1998
1999

P & L account

             

Gross premiums
13 462
12 950
12 848
14 250
17 414
18 042
22 433
- Non-life reinsurance
11 552
11 439
11 094
12 022
13 857
14 206
15 937
- Life reinsurance
1 910
1 511
1 754
2 228
3 557
3 836
6 496
Net premiums
12 713
12 179
12 103
13 409
16 132
16 339
20 542
- Non-life reinsurance
10 919
10 861
10 527
11 383
13 085
13 008
14 610
- Life reinsurance
1 794
1 318
1 576
2 026
3 047
3 331
5 932
Earned net premiums
12 327
12 145
12 108
13 451
16 275
16 531
19 884
Claims incurred
-9 486
-9 505
-9 580
-10 036
-12 323
-12 754
-16 253
Change in the provisions for life, health and disability reinsurance
-428
-132
-82
-466
-750
-651
-335
Operating expenses
-3 221
-3 208
-3 168
-3 682
-4 570
-5 171
-5 924
Other technical positions
-486
-313
-315
-499
-323
-358
-380
Allocated investment return
1 648
1 525
1 792
2 126
2 956
3 319
3 901
Technical result
354
512
755
894
1 265
916
893
- Non-life reinsurance
200
324
604
716
912
551
132
- Life reinsurance
154
188
151
178
353
365
761
Current investment income
1 907
1 981
2 310
2 727
3 469
3 572
4 376
Realised gains/losses
775
332
573
964
1 464
3 046
3 314
Unrealised gains/losses
-437
-62
-151
-272
-163
-359
-221
Investment management charges
-141
-147
-127
-110
-124
-174
-224
Investment result
2 104
2 104
2 605
3 309
4 646
6 085
7 245
Allocated investment return
-1 648
-1 525
-1 792
-2 126
-2 956
-3 319
-3 901
Other non-technical positions
-36
-127
-171
-251
-227
-383
-575
Non-technical result
420
452
642
932
1 463
2 383
2 769
Profit on ordinary activities before tax
774
964
1 397
1 826
2 728
3 299
3 662
Tax on ordinary activities
-225
-255
-305
-365
-607
-795
-855
Profit on ordinary activities after tax
549
709
1 092
1 461
2 121
2 504
2 807
Profit on extraordinary activities before tax
-
348
14
-
-
-
0
Tax on ordinary activities
-
-121
-3
-
-
-
0
Extraordinary profit after tax
-
227
11
-
-
-
0
Minority interests
-4
-4
-2
-2
-5
-4
-18
Profit for the financial year
545
932
1 101
1 459
2 116
2 500
2 789
 

CHF millions
1993
1994
1995
1996
1997
1998
1999 

Balance sheet

             

Investments
34 042
34 616
41 685
58 451
70 107
77 544
98 182
Investments at market value
36 666
35 844
44 158
61 729
75 263
83 559
99 350
Other assets
3 720
7 883
3 932
6 398
7 652
10 758
10 765
Total assets
37 762
42 499
45 617
64 849
77 759
88 302
108 947
Technical provisions
25 332
28 609
29 869
43 556
48 686
56 591
72 106
- Non-life reinsurance
21 551
24 868
25 682
35 704
38 571
40 580
49 627
- Life reinsurance
3 781
3 741
4 187
7 852
10 115
16 011
22 479
Other liabilities
4 255
5 871
6 618
11 403
14 876
18 701
19 063
Shareholders' capital and reserves stated in the balance sheet
8 175
8 019
9 130
9 890
14 197
13 010
17 778
Shareholders' capital and reserves at market values, after taxes
10 143
9 008
10 973
12 348
18 116
17 702
18 677
 

in %
1993
1994
1995
1996
1997
1998
1999 

Ratios


Combined ratio non-life
110
109
108
109
110
114
116
Operating ratio non-life
98
97
94
94
93
96
98
Return on investment
6.6
6.1
6.8
7
7.4
8.5
8.4
Technical provisions ratio non-life
205
230
244
268
280
306
342
Asset leverage  
282
315
355
389
441
415
Return on equity
7.4
8.7
12.7
13.8
14
13.6
12.1

 

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