24 NewRe Annual Report 2021 Income statement for the year 2021 Technical accounts in TEUR in TCHF 2021 2020 2021 2020 Note Gross premiums 2 542 357 5 195 739 2 748 619 5 619 452 Premiums ceded 538 816 176 513 582 530 190 908 Net premiums written 2 003 541 5 019 226 2 166 088 5 428 544 Change in unearned premium reserves gross 82 856 147 214 89 578 159 219 Change in unearned premium reserves ceded 20 389 75 537 22 043 81 697 Change in unearned premium reserves net 7 62 467 71 676 67 535 77 522 Net premiums earned 1 941 074 4 947 550 2 098 553 5 351 022 Other income from reinsurance business 4 514 8 385 4 880 9 069 Technical interest 368 881 404 743 398 808 437 749 Total technical income 2 314 468 5 360 677 2 502 241 5 797 840 Claims paid gross 2 419 000 3 345 883 2 615 254 3 618 739 Claims paid ceded 483 530 58 058 522 758 62 792 Claims paid net 1 935 471 3 287 825 2 092 495 3 555 947 Change in technical provisions gross 23 540 558 073 25 449 603 584 Change in technical provisions ceded 83 368 16 655 90 132 18 013 Change in technical provisions net 7 106 908 574 728 115 581 621 597 Net claims and claims expenses incurred 1 828 563 2 713 097 1 976 914 2 934 350 Acquisition costs gross 436 550 2 512 168 471 967 2 717 036 Acquisition costs ceded 22 013 22 505 23 799 24 340 Acquisition costs net 414 537 2 489 663 448 168 2 692 695 Administration costs 28 544 47 024 30 860 50 859 Other underwriting expenses 1 388 377 1 501 407 Total technical expenses 2 273 032 5 250 161 2 457 443 5 678 311 Overall technical result 41 436 110 516 44 798 119 529 NewRe Annual Report 2021 Inhalt indd 24 25 04 22 10 19

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