Sampo Group’s Online Annual Report 2012 and Sampo’s video ‘25 Years as a Listed Company’ have been granted the international Red Dot Communication Design 2013 Awards.

Red Dot design award winner 2013

Notes to the Group’s financial statements

8 Performance analysis per class of P&C insurance
Download as Excel          
               
EURm Accident and health Motor, third party liability Motor, other classes Marine, air and transport Fire and other damage to property Third party liability Credit insurance
Premiums written, gross
2012 738 693 1,291 150 1,366 203 3
2011 669 681 1,207 139 1,287 198 3
Premiums earned, gross
2012 720 694 1,249 148 1,352 203 2
2011 655 679 1,142 138 1,267 188 3
Claims incurred, gross 1)      
2012 -477 -499 -911 -66 -1,006 -96 -1
2011 -449 -521 -852 -65 -998 -100 -1
Operating expenses, gross 2)  
2012 -125 -144 -191 -26 -208 -31 0
2011 -121 -135 -183 -25 -190 -30 0
Profit/loss from ceded reinsurance      
2012 -18 5 -2 -25 -70 -34 0
2011 -11 -1 -1 -15 -40 -19 -
Technical result before investment return        
2012 100 56 145 31 68 42 1
2011 75 22 107 33 40 39 2
               
EURm   Legal expenses Other Total direct insurance Reinsurance assumed Elimination Total
               
Premiums written, gross
2012   34 117 4,596 109 -6 4,698
2011   32 115 4,329 90 -5 4,414
Premiums earned, gross
2012   34 116 4,519 106 -6 4,619
2011   31 116 4,219 94 -5 4,308
Claims incurred, gross 1)        
2012   -24 -170 -3,250 -100 0 -3,350
2011   -19 -165 -3,169 -26 -1 -3,196
Operating expenses, gross 2)  
2012   -6 -10 -742 -26 3 -764
2011   -6 -12 -702 -22 6 -718
Profit/loss from ceded reinsurance      
2012   0 99 -46 7 6 -34
2011   - 27 -60 -7 6 -61
Technical result before investment return      
2012   3 35 481 -13 3 472
2011   6 -35 288 39 6 333
               
1) Activity-based operating costs EURm 271 (257) have been allocated to claims incurred.
2) Includes other technical income EURm 33 (31) and other technical expenses EURm 30 (27).