Note 2 - Earned premiums, net of reinsurance

DKKm				2008	2007

	Earned premiums, net of reinsurance
	Direct insurance				16,764
	Indirect insurance				78
					16,842
	Unexpired risk provision				-13
					16,829
	Ceded direct insurance				-891
	Ceded indirect insurance				-48
					15,890


	Direct insurance, by location of risk

		2008		2007

		Gross	Ceded	Gross	Ceded
	Denmark			9,334	-512
	Other EU countries			469	-29
	Other countries			6,961	-350
				16,764	-891