|
RoRaC target 2007: 15%
|
|
Assumption set 2007
|
Reinsurance
|
Primary insurance
|
| Gross premiums written |
€21–21.5bn |
€17–17.5bn |
| Currency environment |
stable |
| Normal major losses |
NatCat 7% |
NatCat n.a. |
| Combined ratio property-casualty |
below 97% |
below 95% |
| European Embedded Value Earnings |
in the range of 8–9% |
in the range of 8–9% |
| Return on investment |
5.0% |
|
Tax environment
|
Incl. one-off tax benefit approx. €400m
|
|
Net profit
|
€3.0–3.2bn
|
approx. €0.9bn
|
|
Consolidated net profit for the Group
|
€3.5–3.8bn
|
|
Assumption changes after Q2 2007 |
|