Note 4 - Claims incurred, net of insurance

DKKm 2008   2007
Claims incurred, net of insurance
Udbetalt bruttoerstatninger
Ændring i erstatningshensættelser      
Claims incurred -11,919
Run-off previous years, gross     744
-11,175
Modtaget genforsikringsdækning
Ændring i genforsikringsandel af erstatningshensættelser      
Reinsurance recoveries 502
Run-off previous years, reinsurers' share     -1
      -10,674
Under claims incurred, the value adjustment of inflation swaps to hedge the inflation risk concerning annuities on workers' compensation insurance totals DKK xxm (in 2007 DKK 22m).