Figures in CHF thousand |
Notes |
2021 |
2020 |
|---|---|---|---|
|
|
|
|
Net premiums earned |
7,372,231 |
7,095,781 |
|
|
|
|
|
Net cost of claims and benefits |
−7,039,031 |
−6,636,205 |
|
|
|
|
|
Allocated interest |
|
6,192 |
6,252 |
Risk adjustment between insurers |
|
271,049 |
339,621 |
Policyholder participation |
|
−41,948 |
−48,188 |
Net operating expenses |
−688,081 |
−712,967 |
|
Underwriting result |
|
−119,589 |
44,295 |
|
|
|
|
Investment income |
|
905,419 |
618,372 |
Investment expenses |
|
−391,613 |
−467,624 |
Change in provision for investment risk |
|
−10,000 |
14,000 |
Earnings from investments |
503,806 |
164,748 |
|
|
|
|
|
Allocated interest expenses |
|
−6,192 |
−6,252 |
Other operating income |
42,589 |
42,919 |
|
Other operating expenses |
−106,470 |
−71,492 |
|
Operating earnings |
|
314,145 |
174,218 |
|
|
|
|
Non-operating earnings |
−9,144 |
−7,697 |
|
|
|
|
|
Consolidated earnings before taxes |
|
305,001 |
166,521 |
|
|
|
|
Deferred income taxes |
|
−25,662 |
−3,970 |
Income taxes |
|
−47,469 |
−7,409 |
Non-controlling interest |
|
−648 |
−430 |
|
|
|
|
Consolidated earnings |
|
231,222 |
154,713 |
Take a look at our earlier reports