Note 10 - Profit/loss on discontinued and divested business
| DKKm | 2008 | 2007 | ||||||||||||||
| Profit/loss on discontinued and divested business | ||||||||||||||||
| Earned premiums, net of reinsurance | 0 | |||||||||||||||
| Technical interest, net of reinsurance | 3 | |||||||||||||||
| Claims incurred, net of reinsurance | -1 | |||||||||||||||
| Insurance operating expenses, net of reinsurance | -3 | |||||||||||||||
| Technical result | -1 | |||||||||||||||
| Return on investment activities after technical interest | 0 | |||||||||||||||
| Profit/loss before tax | -1 | |||||||||||||||
| Tax | 0 | |||||||||||||||
| -1 | ||||||||||||||||
| Claims incurred includes in 2006 a DKK 139m gain in connection with the commutation of the reinsurance agreement with Chevanstell Limited. | ||||||||||||||||
| The technical result of discontinued and divested business is specified by lines of business as follows: | ||||||||||||||||
| Accident and health | Marine, aviation and cargo insurance | Other insurance 1) | Total | |||||||||||||
| 2007 | 2006 | 2007 | 2006 | 2007 | 2006 | 2007 | 2006 | |||||||||
| Gross premiums written | 0 | 0 | 0 | 1 | 0 | 2 | 0 | 3 | ||||||||
| Gross premiums earned | 0 | 0 | 0 | 1 | 0 | 2 | 0 | 3 | ||||||||
| Gross claims | 0 | 7 | 0 | 15 | -1 | 232 | -1 | 254 | ||||||||
| Gross operating expenses | 0 | -1 | 0 | -2 | -3 | -21 | -3 | -24 | ||||||||
| Profit/loss on ceded business | 0 | -7 | 0 | -14 | 0 | -113 | 0 | -134 | ||||||||
| Technical interest, net of insurance | 0 | 0 | 0 | 3 | 3 | -5 | 3 | -2 | ||||||||
| Technical result | - | -1 | - | 3 | -1 | 95 | -1 | 97 | ||||||||
| 1) The line of business 'Other insurance' includes indirect insurance. | ||||||||||||||||
TrygVesta
Klausdalsbrovej 601DK-2750 BallerupTelephone: +45 7011 2020Fax: +45 4420 6700E-mail: ir@trygvesta.com
Klausdalsbrovej 601DK-2750 BallerupTelephone: +45 7011 2020Fax: +45 4420 6700E-mail: ir@trygvesta.com