Statement of comprehensive income
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    Parent company Consolidated accounts
    21.02.19 21.02.18 21.02.19 21.02.18
Amounts in USD 000's Notes to 20.02.20 to 20.02.19 to 20.02.20 to 20.02.19
           
Technical account          
Gross written premium 4, 5, 6 331,281 353,356 799,831 759,835
Gross earned premium 4, 5, 6 328,595 353,358 755,283 734,916
Ceded reinsurance 6 (217,116) (229,740) (172,668) (153,708)
Earned premium for own account 6 111,479 123,618 582,615 581,208
           
Other insurance related income   483 434 2,118 2,084
           
Gross incurred claims 6 326,314 351,460 621,650 591,362
Reinsurers' share of gross incurred claims 6 (167,208) (196,795) (35,883) (54,269)
Claims incurred for own account 6 159,106 154,665 585,767 537,093
           
Acquisition costs 7 17,818 22,767 38,649 43,757
Agents' commission 7 20,362 22,986 51,474 48,281
Commission received 7 (42,762) (43,463) (17,479) (10,820)
Insurance related expenses for own account 7 (4,582) 2,291 72,645 81,218
           
Other insurance related expenses 7 2,870 54,708 9,153 63,477
           
Technical result   (45,432) (87,612) (82,831) (98,497)
           
Non-technical account           
Income from investments in group companies   27,110 60,583 0 0
Interest and similar income/(expenses) 8 (1,566) (3,163) 3,755 (3,613)
Change in unrealised gain/(loss) on investments 14 18,860 (32,537) 90,472 (47,045)
Gain on realisation of investments   10,620 28,567 22,975 43,075
Other investment expenses   (347) (557) 561 (1,607)
Non-technical result   54,676 52,892 117,763 (9,190)
           
Profit/(loss) before tax   9,244 (34,720) 34,931 (107,686)
Taxation 9 (5,912) (14,593) 12,807 (18,659)
           
Net result   15,155 (20,127) 22,124 (89,028)
           
Other comprehensive income/(loss)           
Items that may be reclassified to profit or loss          
Exchange differences on subsidiaries   0 0 (1,119) (827)
           
Items that will not be reclassified to profit or loss          
Remeasurement due to change in pension assumptions 16 (44) (23) (862) (420)
Income tax related to change in pension assumptions 16 0 0 205 99
Other comprehensive income/(loss) for the period, net of tax (44) (23) (1,777) (1,148)
           
Total comprehensive income/(loss)   15,112 (20,150) 20,348 (90,176)