Life: expense ratio by country
|
Expense ratio |
CONS. |
ITA |
FRA |
GER |
CEE |
SPA |
AUT |
SVI |
| 2011(*) |
11,6% |
9,7% |
9,5% |
12,8% |
19,8% |
4,4% |
18,6% |
16,3% |
|
2010(*) |
10.4% |
8.7% |
8.2% |
12.4% |
17.3% |
6.7% |
13.4% |
19.6% |
| 2009(*) |
10.5% |
9.2% |
6.7% |
14.3% |
18.7% |
5.2% |
13.7% |
17.4% |
| 2008(*) |
11.2% |
8.1% |
8.1% |
15.4% |
20.4% |
4.9% |
14.7% |
20.1% |
|
2007(*) |
11.1% |
9.1% |
7.4% |
15.4% |
27.3% |
5.4% |
16.5% |
16.9% |
| 2006(*) |
10.2% |
7.4% |
7.2% |
15.0% |
26.3% |
4.0% |
20.0% |
17.2% |
| 2005(*) |
9.8% |
6.4% |
7.0% |
15.4% |
22.5% |
5.0% |
21.2% |
20.0% |
| 2004(**) |
11.6% |
7.0% |
7.9% |
20.5% |
33.7% |
5.5% |
22.0% |
20.2% |
(*) Including investment contracts
(**) Excluding investment contracts
P&C: combined ratio by country
|
Loss ratio |
CONS. |
ITA |
FRA |
GER |
CEE |
SPA |
AUT |
SVI |
| 2011 |
69,0% |
74,7% |
71,2% |
65,1% |
54,5% |
68,0% |
68,2% |
69,0% |
|
2010 |
71.3% |
77.5% |
73.3% |
65.1% |
60.2% |
71.2% |
68.3% |
69.0% |
| 2009 |
71.1% |
79.9% |
70.8% |
65.6% |
58.1% |
69.5% |
68.9% |
64.8% |
| 2008 |
69.2% |
75.8% |
70.5% |
65.0% |
55.5% |
69.8% |
68.5% |
65.1% |
| 2007 |
69.0% |
72.1% |
69.0% |
65.2% |
62.5% |
67.1% |
67.2% |
68.2% |
| 2006 |
69.4% |
74.5% |
70.1% |
65.3% |
64.3% |
64.5% |
67.8% |
68.9% |
| 2005 |
70.6% |
74.5% |
72.3% |
65.0% |
65.6% |
65.2% |
69.3% |
71.2% |
|
2004 |
71.6% |
76.1% |
74.2% |
66.8% |
62.9% |
63.4% |
68.5% |
70.0% |
|
Expense ratio |
CONS. |
ITA |
FRA |
GER |
CEE |
SPA |
AUT |
SVI |
| 2011 |
27,6% |
22,0% |
27,5% |
29,4% |
35,0% |
26,8% |
27,1% |
26,5% |
|
2010 |
27.5% |
22.1% |
28.1% |
30.1% |
33.0% |
26.8% |
26.9% |
26.9% |
| 2009 |
27.2% |
22.5% |
28.2% |
30.0% |
29.8% |
25.1% |
27.1% |
29.5% |
| 2008 |
27.2% |
23.1% |
27.3% |
30.9% |
29.1% |
23.7% |
27.6% |
29.3% |
| 2007 |
26.8% |
22.9% |
27.7% |
30.7% |
28.8% |
23.6% |
29.6% |
27.7% |
| 2006 |
26.9% |
22.7% |
27.6% |
30.5% |
28.5% |
24.0% |
29.7% |
27.2% |
| 2005 |
27.3% |
23.2% |
26.6% |
32.0% |
29.9% |
24.9% |
28.7% |
28.1% |
| 2004 |
27.3% |
22.4% |
26.0% |
32.6% |
31.0% |
25.3% |
29.7% |
30.1% |
|
Combined ratio |
CONS. |
ITA |
FRA |
GER |
CEE |
SPA |
AUT |
SVI |
| 2011 |
96,5% |
96,8% |
98,7% |
94,4% |
89,5% |
94,8% |
95,3% |
95,5% |
|
2010 |
98.8%
|
99.6% |
101.3% |
95.2% |
93.2% |
98.1% |
95.2% |
95.9% |
| 2009 |
98.3% |
102.4% |
99.0% |
95.6% |
87.9% |
94.6% |
95.9% |
94.3% |
| 2008 |
96.4% |
98.9% |
97.9% |
95.9% |
84.6% |
93.5% |
96.1% |
94.5% |
| 2007 |
95.8% |
95.0% |
96.7% |
95.9% |
91.3% |
90.6% |
96.9% |
95.9% |
| 2006 |
96.3% |
97.2% |
97.7% |
95.8% |
92.8% |
88.4% |
97.5% |
96.1% |
| 2005 |
97.9% |
97.7% |
98.9% |
97.0% |
95.6% |
90.1% |
98.1% |
99.3% |
| 2004 |
98.9% |
98.5% |
100.2% |
99.4% |
93.9% |
88.8% |
98.1% |
100.1% |
Definitions
| Expense ratio |
= |
(acquisition costs + administrative costs) / net earned premiums |
| Loss ratio |
= |
(claims paid net of recoveries and reinsurance + change in provisions for outstanding
claims net of reinsurance + premium refunds and profit sharing net of reinsurance)
/ net earned premiums |
| Combined ratio |
= |
expense ratio + loss ratio |
|
