Figures in CHF thousand |
Notes |
2016 |
2015 |
|
|
|
|
Net premiums earned |
4 |
6,370,241 |
5,981,755 |
|
|
|
|
Net cost of claims and benefits |
4 |
–6,101,461 |
–5,875,765 |
|
|
|
|
Allocated interest |
|
10,020 |
9,804 |
Risk adjustment between insurers |
|
434,630 |
375,042 |
Policyholder participation |
|
–34,258 |
–26,091 |
Net operating expenses |
4 |
–624,393 |
–601,955 |
Underwriting result |
|
54,778 |
–137,210 |
|
|
|
|
Investment income |
|
655,103 |
706,193 |
Investment expenses |
|
–447,653 |
–567,444 |
Change in provision for investment risk |
|
–152,000 |
15,000 |
Earnings from investments |
5 |
55,450 |
153,749 |
|
|
|
|
Allocated interest expenses |
|
–10,020 |
–9,804 |
Other operating income |
4 |
14,348 |
10,594 |
Other operating expenses |
4 |
–5,837 |
–5,696 |
Operating earnings |
|
108,720 |
11,633 |
|
|
|
|
Non-operating earnings |
4 |
2,657 |
15,993 |
Extraordinary earnings |
4 |
–28 |
–47 |
|
|
|
|
Consolidated earnings before taxes |
|
111,349 |
27,579 |
|
|
|
|
Deferred income taxes |
|
57,412 |
69,482 |
Income taxes |
|
–70,027 |
–80,146 |
Non-controlling interest |
|
–765 |
–979 |
|
|
|
|
Consolidated earnings |
|
97,969 |
15,936 |