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Interim Results 2/2008

[ 2008-08-07 ]
Capital market and exchange rate movements dampen profitability for the first half of 2008

  • Underwriting business performs well, volume of catastrophe losses below the expected level
  • Net investment income -24.1%
  • Operating profit (EBIT) -14.4%
  • Group net income -13.9%
  • Combined ratio 98.4%
  • EBIT margin in non-life and life/health reinsurance in line with target
  • Return on equity 16.4%

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