Statement of comprehensive income
vertical line
    Parent company Consolidated accounts
    21.02.20 21.02.19 21.02.20 21.02.19
Amounts in USD 000's Notes to 20.02.21 to 20.02.20 to 20.02.21 to 20.02.20
           
Technical account          
Gross written premium 4, 5, 6 381,076 331,281 937,736 799,831
           
Gross earned premium 5, 6 380,685 328,595 887,651 755,283
Ceded reinsurance 6 (270,502) (217,116) (183,438) (172,668)
Earned premium for own account 6 110,183 111,479 704,213 582,615
           
Other insurance related income   81 483 938 2,118
           
Gross incurred claims 6 332,383 326,314 696,659 621,650
Reinsurers' share of gross incurred claims 6 (181,575) (167,208) (64,829) (35,883)
Claims incurred for own account 6 150,808 159,106 631,830 585,767
           
Acquisition costs 7 10,996 17,818 35,533 38,649
Agents' commission 7 23,849 20,362 60,051 51,474
Commission received 7 (51,739) (42,762) (19,611) (17,479)
Insurance related expenses for own account 7 (16,894) (4,582) 75,973 72,645
           
Other insurance related expenses 7 2,710 2,870 8,026 9,153
           
Technical result   (26,360) (45,432) (10,678) (82,831)
           
Non-technical account           
Income from investments in group companies   6,671 27,110 0 0
Interest and similar income/(expenses) 8 4,732 (1,566) 10,151 3,755
Change in unrealised gain on investments 14 25,706 18,860 79,116 90,472
Gain on realisation of investments   3,847 10,620 25,147 22,975
Other investment (income)/expenses   (112) (347) (1,808) 561
Non-technical result   40,843 54,676 112,606 117,763
           
Profit before tax   14,483 9,244 101,928 34,931
Taxation 9 865 (5,912) 16,008 12,807
           
Net result   13,618 15,155 85,920 22,124
           
Other comprehensive income/(loss)           
Items that may be reclassified to profit or loss          
Exchange differences on subsidiaries   0 0 3,092 (1,119)
           
Items that will not be reclassified to profit or loss          
Remeasurement due to change in pension assumptions 16 (70) (44) (7,008) (862)
Income tax related to change in pension assumptions 16 0 0 1,736 205
Other comprehensive loss for the period, net of tax   (70) (44) (2,181) (1,777)
           
Total comprehensive income   13,548 15,112 83,739 20,348