Notes to the Group’s Financial Statements
Select note 1–41
| 8 Performance analysis per class of P&C insurance | |||||||
| EURm | Accident and health | Motor, third party liability | Motor, other classes | Marine, air and transport | Fire and other damage to property | Third party liability | Credit insurance |
| Premiums written, gross | |||||||
| 2015 | 754 | 635 | 1,294 | 125 | 1,296 | 202 | 2 |
| 2014 | 774 | 657 | 1,309 | 130 | 1,317 | 212 | 2 |
| Premiums earned, gross | |||||||
| 2015 | 740 | 636 | 1,266 | 123 | 1,299 | 204 | 2 |
| 2014 | 769 | 664 | 1,288 | 130 | 1,330 | 211 | 3 |
| Claims incurred, gross 1) | |||||||
| 2015 | -525 | -581 | -854 | -83 | -851 | -132 | -1 |
| 2014 | -554 | -523 | -885 | -86 | -881 | -84 | -0 |
| Operating expenses, gross 2) | |||||||
| 2015 | -133 | -136 | -184 | -21 | -210 | -33 | -0 |
| 2014 | -133 | -140 | -192 | -22 | -213 | -34 | -0 |
| Profit/loss from ceded reinsurance='glossary-entry' data-term='Reinsurance' data-definition='<p>Insurance company doesn't bear all the insurance risks by itself and therefore company buys insurance cover for part of its risks from another insurance company.</p>' data-read-more='false'>reinsurance | |||||||
| 2015 | -9 | -1 | -1 | -12 | -76 | -12 | - |
| 2014 | -13 | 2 | -2 | -9 | -83 | -31 | - |
| Technical result before investment return | |||||||
| 2015 | 73 | -83 | 226 | 7 | 162 | 28 | 1 |
| 2014 | 69 | 3 | 209 | 14 | 152 | 62 | 2 |
| EURm | Legal expenses | Other | Total direct insurance | Reinsurance assumed | Elimination | Total | |
| Premiums written, gross | |||||||
| 2015 | 45 | 114 | 4,465 | 94 | 0 | 4,559 | |
| 2014 | 41 | 112 | 4,555 | 84 | -5 | 4,634 | |
| Premiums earned, gross | |||||||
| 2015 | 44 | 111 | 4,424 | 96 | -0 | 4,520 | |
| 2014 | 41 | 111 | 4,547 | 89 | -5 | 4,631 | |
| Claims incurred, gross 1) | |||||||
| 2015 | -27 | -99 | -3,153 | -48 | 7 | -3,194 | |
| 2014 | -29 | -72 | -3,115 | -71 | 6 | -3,180 | |
| Operating expenses, gross 2) | |||||||
| 2015 | -7 | -16 | -740 | -17 | 135 | -622 | |
| 2014 | -7 | -16 | -756 | -15 | 13 | -758 | |
| Profit/loss from ceded reinsurance | |||||||
| 2015 | - | -7 | -117 | 6 | 0 | -112 | |
| 2014 | - | -8 | -144 | -4 | 5 | -143 | |
| Technical result before investment return | |||||||
| 2015 | 9 | -10 | 414 | 37 | 142 | 592 | |
| 2014 | 6 | 15 | 533 | -1 | 19 | 551 | |
| 1) Activity-based operating costs EURm 249 (260) have been allocated to claims incurred. | |||||||
| 2) Includes other technical income EURm 28 (27) and other technical expenses EURm 28 (27). | |||||||