Company income statement for 2025
Technical account
| Amounts x €1,000 |
Ref. |
|
2025 |
|
2024 |
| |
|
|
|
|
|
| Net earned premiums |
5.1 |
|
|
|
|
| Gross premium |
|
786,415 |
|
755,038 |
|
| Outwards reinsurance premiums |
|
-11,910 |
|
-11,097 |
|
| |
|
|
774,505 |
|
743,941 |
| Investment income |
5.2 |
|
|
|
|
| Income from participating interests |
|
-23,841 |
|
42,685 |
|
| Other investment income |
|
264,506 |
|
242,986 |
|
| Realised gains on investments |
|
444,315 |
|
919,275 |
|
| |
|
|
684,980 |
|
1,204,946 |
| |
|
|
|
|
|
| Unrealised gains on investments |
5.2 |
|
83,241 |
|
10,343 |
| |
|
|
|
|
|
| Net claims incurred |
5.3 |
|
|
|
|
| Gross |
|
-422,422 |
|
-398,786 |
|
| Reinsurers' share |
|
9,172 |
|
3,753 |
|
| |
|
|
-413,250 |
|
-395,033 |
| Change in technical provisions for net account |
4.8 |
|
|
|
|
| Gross |
|
-290,143 |
|
-288,270 |
|
| Reinsurers' share |
|
-2,423 |
|
1,442 |
|
| |
|
|
-292,566 |
|
-286,828 |
| |
|
|
|
|
|
| Profit sharing and discounts |
|
|
-264,798 |
|
-281,247 |
| |
|
|
|
|
|
| Operating costs |
|
|
|
|
|
| Acquisition costs |
5.4 |
-81,779 |
|
-79,526 |
|
| Administration expenses, staff costs and amortisation |
5.5 |
-116,585 |
|
-106,433 |
|
| |
|
|
-198,364 |
|
-185,959 |
| |
|
|
|
|
|
| Investment expenses |
5.2 |
|
|
|
|
| Administration expenses and interst expense |
|
-23,339 |
|
-30,572 |
|
| Realised losses on investments |
|
-190,253 |
|
-605,014 |
|
| |
|
|
-213,592 |
|
-635,586 |
| |
|
|
|
|
|
| Unrealised losses on investments |
5.2 |
|
- |
|
- |
| |
|
|
|
|
|
| Investment result allocated to non-technical account |
|
|
-49,417 |
|
-53,915 |
| |
|
|
|
|
|
| Result of technical account |
|
|
110,739 |
|
120,662 |
Non-technical account
| Amounts x €1,000 |
Ref. |
|
2025 |
|
2024 |
| |
|
|
|
|
|
| Result of technical account |
|
|
110,739 |
|
120,662 |
| |
|
|
|
|
|
| Allocated investment result transferred from technical account |
|
|
49,417 |
|
53,915 |
| |
|
|
|
|
|
| Other income |
5.6 |
|
- |
|
- |
| |
|
|
|
|
|
| Other expenses |
5.6 |
|
-1,135 |
|
-1,208 |
| |
|
|
|
|
|
| Profit on ordinary activities before tax |
5.8 |
|
159,021 |
|
173,369 |
| |
|
|
|
|
|
| Tax on profit on ordinary activities |
5.7 |
|
-43,774 |
|
5,488 |
| |
|
|
|
|
|
| Profit on ordinary activities after tax |
|
|
115,247 |
|
178,857 |
