annual report 2020 - Flipbook - Side 43
INDUSTRIENS PENSIONSFORSIKRING A/S ANNUAL REPORT 2020
NOTES
Note 19 - Five-year summary of key figures and financial ratios
DKK mill.
2016
2017
2018
2019
2020
7,206
8,046
8,429
8,215
8,075
Gross premiums income
Key figures for life assurance (DKK mill.)
Premiums
DKK mill.
2017
2018
2019
2020
749
681
820
912
841
748
696
971
888
883
18
18
21
21
21
-45
-188
-82
Key figures for sickness and accident insurance (DKK mill.)
Insurance benefits
4,682
4,657
5,321
5,437
5,121
Gross claims costs
Investment returns
11,033
12,161
-1,699
20,054
9,685
Insurance operating costs
Insurance operating costs
2016
113
124
124
112
-119
Technical result
-112
-174
Technical result
-18
-17
-21
-20
0
Technical result of sickness and
accident insurance
Investment return after technical
interest
152
213
92
237
80
41
40
47
48
-2
Run-off results
357
645
461
373
544
204
388
111
417
195
6,705
7,028
7,440
8,272
8,857
-
0
-
-
0
114.8%
129.2%
102.9%
123.3%
107.3%
143,297
156,748
158,596
178,021
189,071
2.8%
3.4%
2.2%
2.8%
2.5%
Equity
4,794
5,182
5,293
5,710
5,906
Combined ratio
117.5%
132.6%
105.1%
126.1%
109.8%
Assets
157,366
170,140
172,013
193,595
205,665
Operating ratio
117.5%
132.6%
105.1%
126.1%
109.8%
6.3%
10.4%
7.3%
5.4%
7.3%
Profit for the year
Other comprehensive income
Provisions for insurance and
investment contracts
8.3%
5.3%
2.1%
12.4%
6.3%
* The relatively high value of the gross claims ratio (claims as a percentage of premiums) in the five-year period is because, during
8.1%
8.5%
-1.5%
12.2%
5.1%
Risk on return related to market rate
3.75
3.50
3.50
3.50
4.75
0.1%
0.1%
0.1%
0.1%
0.1%
250 kr.
278 kr.
272 kr.
243 kr.
256 kr.
Return on equity after tax
4.3%
7.8%
2.1%
7.6%
3.4%
Return on excess capital after tax
4.3%
4.4%
0.9%
6.8%
3.0%
Costs per member
Gross expenses ratio
Relative run-off results
Return before tax on yields of certain
pension-scheme assets, market rate
Costs as a percentage of provisions
Financial ratios for sickness and accident insurance
Gross claims ratio *
Financial ratios for life assurance
Return before tax on yields of certain
pension-scheme assets, average rate
Total insurance provisions
this period, the premiums were reduced by bonuses and premium rebates earned in previous years.
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