Income and expenditure account on lines of business
    21.02.14   21.02.14   21.02.14
    to 20.08.14   to 20.08.14   to 20.08.14
Amounts in USD 000's    P&I   M&E   Consolidated accounts
             
Premiums earned gross 321,048   167,333   488,381
             
Premiums earned net 255,668   153,401   409,069
Claims incurred for own account* 203,881   64,369   268,251
Operating expenses 26,067   24,833   50,900
             
Result on technical account 25,720   64,199   89,918
             
Result on non-technical account 26,158   12,629   38,787
             
Result ordinary operations 51,878   76,827   128,705
             
Combined ratio net 90%   58%   78%

* Claims handling costs share of operating expenses are included in Claims incurred for own account.