20 Annual Report 2019 Income statement for the year 2019 Technical accounts in CHF Life 2019 2018 Gross premiums 4 737 857 055 4 575 612 657 Premiums ceded 13 085 521 7 718 991 Net premiums written 4 724 771 534 4 567 893 666 Change in unearned premium reserves gross 2 816 865 4 733 965 Change in unearned premium reserves ceded 0 0 Change in unearned premium reserves net 2 816 865 4 733 965 Net premiums earned 4 721 954 669 4 563 159 701 Other income from reinsurance business 9 426 119 Technical interest premium funds 233 920 125 168 553 069 Technical interest other technical provisions 924 950 8 402 864 Technical interest 234 845 075 176 955 933 Total technical income 4 966 225 863 4 740 115 634 Claims paid gross 2 432 640 715 2 066 300 426 Claims paid ceded 5 868 602 2 279 470 Claims paid net 2 426 772 113 2 064 020 956 Change in technical provisions gross 257 364 322 18 115 114 Change in technical provisions ceded 13 286 601 7 365 346 Change in technical provisions net 270 650 923 25 480 460 Net claims and claims expenses incurred 2 156 121 190 2 038 540 496 Acquisition costs gross 2 812 026 850 2 665 560 175 Acquisition costs ceded 439 987 434 203 Acquisition costs net 2 811 586 863 2 665 125 972 Administration costs 19 110 228 8 606 015 Other underwriting expenses Total technical expenses 4 986 818 281 4 712 272 483 Technical result for Life 20 592 418 27 843 151 NewRe AnnualReport 2019 Korrekt indd 20 27 04 20 09 43

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