Fennia Annual Report 2014

Key Figures

Key figures

 

         

2010

2011

2012

2013

2014

Group Key Figures

             
                   
 

Turnover

EUR million

 

540

442

603

636

728

 

Premiums written

EUR million

 

392

439

467

498

583

 

Operating profit/loss

EUR million

 

59

-65

48

24

82

 

Profit/loss before extraordinary items,

             
 

untaxed reserves and tax

EUR million

 

54

-3

39

12

37

 

Total result

EUR million

 

75

-95

116

30

109

 

Solvency capital

EUR million

 

583

478

573

561

656

 

Average number of personnel

   

1,087

1,238

1,270

1,262

1,263

                   
                 

 

Non-life Insurance Key Figures

           

 

                   
 

Premiums written

EUR million

 

332

359

376

403

430

 

Loss ratio,

%

 

87.0

103.1

85.9

83.7

78.6

 

Loss ratio excl. unwinding of discount,

%

 

82.9

99.7

82.1

80.1

75.5

 

Expense ratio,

%

 

23.2

24.8

24.2

24.3

23.8

 

Combined ratio,

%

 

110.2

127.9

110.1

108.0

102.4

 

Combined ratio excl. unwinding of discount,

%

 

106.0

124.5

106.3

104.4

99.3

 

Operating profit/loss

EUR million

*

40

-67

35

22

73

 

Total result

EUR million

 

56

-87

80

34

80

 

Return on assets

%

 

5

-5.2

6.3

3.1

5.6

 

Net investment income at current value

EUR million

 

83

10

116

65

89

   

income on invested capital

%

 

7

0.8

9.1

5.2

6.2

 

Solvency margin

EUR million

 

285

253

310

310

335

 

Equalisation provision

EUR million

 

217

157

164

181

224

 

Solvency capital

EUR million

 

502

410

473

491

559

   

of technical provisions

%

 

60

44.5

49.8

49.5

54.0

 

Solvency ratio

%

 

155

117.5

129.4

125.9

133.8

 

Average number of personnel

   

995

1,039

1,067

1,067

1,077

                   
                   

Life Insurance Key Figures

             
           

 

 

   
 

Premiums written

EUR million

 

60

79

91

94

153

 

Expense ratio (of expense loading)

%

*

105.2

113.4

117.4

114.5

120.4

 

Operating profit

EUR million

*

20

2

12

2

9

 

Total result

EUR million

 

24

-9

36

1

30

 

Return on assets

%

 

7.6

1.9

9.5

5.6

7.8

 

Net investment income at current value

EUR million

 

43

7

58

33

50

   

income on invested capital

%

 

7

1.1

9.3

5.2

7.4

 

Solvency margin

EUR million

 

106

98

130

129

152

 

Equalisation provision

EUR million

 

6

6

7

8

9

 

Solvency capital

EUR million

 

112

105

137

137

161

 

Solvency ratio

%

 

18.5

17.4

21.8

21.0

23.4

 

Average number of personnel

   

42

47

48

50

50

                   
 

*Key figures according to the consolidated accounts