Notes on the consolidated statement of income

(28) Net premium earned

The gross written premium includes the savings elements of premiums under unit-linked life and annuity policies. These savings elements were eliminated from the net premium earned.

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2010 1)

Industrial

Lines

Retail
Germany

Retail International

Non-Life Reinsurance

Life/Health Reinsurance

Total

Figures in EUR million

           

Gross written premium including premium from unit-linked life and annuity insurance

3,048

6,802

2,233

5,973

4,813

22,869

Savings elements of premium from unit-linked life and annuity insurance

932

207

1,139

Ceded written premium

1,363

210

88

692

414

2,767

Change in gross unearned premium

41

45

18

–276

–13

–185

Change in ceded unearned premium

42

–6

28

–39

25

Net premium earned

1,684

5,711

1,928

5,044

4,386

18,753

 

2009 1)


Industrial

Lines

Retail
Germany

Retail International

Non-Life Reinsurance

Life/Health Reinsurance

Total

Figures in EUR million

           

Gross written premium including premium from unit-linked life and annuity insurance

3,062

6,596

1,827

5,281

4,157

20,923

Savings elements of premium from unit-linked life and annuity insurance

835

144

979

Ceded written premium

1,402

271

110

332

415

2,530

Change in gross unearned premium

20

167

–32

–193

–29

–67

Change in ceded unearned premium

–39

86

–6

–20

3

24

Net premium earned

1,719

5,571

1,547

4,776

3,710

17,323


1) Presentation after elimination of intra-Group relations