| Profit before taxes |
| Formula shown above in connection with the Group key figures. |
|
| Return on equity (at fair values), % |
| Formula shown above in connection with the Group key figures. |
|
| Risk ratio, % |
| + |
claims incurred |
|
| - |
claims settlement expenses |
x 100% |
|
premiums earned |
|
| Cost ratio, % |
| + |
operating expenses |
|
| + |
claims settlement expenses |
x 100% |
|
premiums earned |
|
| Loss ratio, % |
| claims incurred |
x 100% |
| premiums earned |
|
| Loss ratio excl. unwinding of discount, % |
| claims incurred before unwinding of discount |
x 100% |
| premiums earned |
|
| Expense ratio, % |
| operating expenses |
x 100% |
| premiums earned |
|
| Combined ratio, % |
| Loss ratio + expense ratio |
|
| Combined ratio excl. unwinding of discount, % |
| Loss ratio before unwinding of discount + expense ratio |
