EXAMPLE PAGE - ANNUAL REPORT - THE SWEDISH CLUB - Flipbook - Sida 84
PERFORMANCE ANALYSIS PER CLASS OF INSURANCE
Performance analysis per class of insurance
According to Swedish regulations, there is only one class of insurance. However, the Club voluntarily reports on other subclasses.
Please see page 87 for an explanation of the classes of insurance.
For the financial year January through December 2021.
Amounts in USD thousands.
Total
P&I
FD&D
Marine
& Energy
200,544
-43,808
-7,408
779
106,735
-34,227
-2,041
812
7,676
-161
-
86,133
-9,581
-5,206
-33
A
150,107
71,279
7,515
71,313
B
-
-
-
-
-129,004
5,188
-81,370
5,737
-4,354
7
-43,281
-557
-123,816
-75,633
-4,347
-43,838
-62,941
29,006
-47,308
29,865
-2,576
20
-13,057
-877
-33,935
-17,443
-2,556
-13,934
C
-157,751
-93,076
-6,903
-57,772
Change in other technical provisions
C
-5,606
-5,606
-
-
Net operating expenses
D
-30,952
-14,346
-1,278
-15,328
A+B+C+D
-44,202
-41,749
-666
-1,787
9,901
7,440
522
1,939
-
-
-
-
-34,301
-34,309
-144
152
11,703
-8,835
8,662
2,186
1,239
27
1,802
-11,048
Technical account
Earned premiums, net of reinsurance
Premiums written, gross
Outward reinsurance premiums
Change in provision for unearned premiums
Reinsurers´share of change in provision for unearned premiums
Investment income transferred from the non-technical
Claims incurred, net of reinsurance
Claims paid
Before outgoing reinsurance
Reinsurers´ share
Change in provision for claims outstanding
Before outgoing reinsurance
Reinsurers' share
Balance on technical account
Financial result
Allocated investment income transferred to the technical account
Result before appropriation and tax
Run-off result (according 5 Chapter 4 § 3 ÅFRL)
Result outward reinsurance
Key figures
Loss ratio [C/A]
Expense ratio [D/A]
Combined ratio [(C+D)/A]
84
THE SWEDISH CLUB ANNUAL REPORT 2021
109%
20%
129%