Key figures

The combined ratio is the key figure in the insurance industry. It is an insurance-sector performance indicator that presents the total operating and claims expenses in relation to the premiums earned.

An insurance-sector key figure which presents an insurance companyʼs claims expenses in relation to the premiums earned during a financial year. The net values are considered here. The claims ratio provides information on the claims intensity of the insurance business conducted and thus also allows for a comparison with competitors.

The operating expense ratio is also referred to as the cost ratio and describes the percentage ratio of the operating expenses and the premiums earned. The operating expense ratio provides information on the administrative and processing intensity of the business.

The investment result is the profit or loss generated with the help of investments. The investment performance is the generated profit/loss of the investments relative to the investment assets. It shows the return on investment. The value cannot be recalculated on the basis of the consolidated financial statements as the average investment assets are not reported in the financial statements.

The provisions ratio shows the share of provisions as a percentage of total balance sheet capital. It indicates what percentage of the company is financed by provisions. Provisions are liabilities that are uncertain with respect to their amount or occurrence but which will take effect with a certain level of probability.

The debt ratio is the proportion of borrowed capital relative to total capital. It is used to assess capital risk.

The equity ratio is the proportion of equity relative to total capital. The higher the equity ratio, the greater the companyʼs financial stability and its independence with respect to lenders.