ESG Strategy and Digital Transformation slide image

ESG Strategy and Digital Transformation

Profitable Insurance business- sustainable healthy profitability in FY2021 eurolife Genikes Insurance • € mn FY2021 FY2020 € mn FY2021 FY2020 yoy% yoy% GWP2 137.1 127.4 8% Insurance income 60.7 56.3 8% Net reinsurance cost (18.2) (18.8) -4% Net impact of interest rate (2.6) (2.1) 28% (of which GWP2) 53.3 49.3 8% movements Costs, claims and change in reserves (80.2) (73.2) 10% Costs and claims (35.8) (33.5) 7% Net insurance income 36.1 33.3 8% Net insurance income 24.9 22.7 9% Total Regular income1 138.2 128.6 8% GWP2 up 8% yoy Net insurance income up 8%, reflecting mainly increased GWP2 partially offset by increased costs and claims AUM increased to €558 mn, up 17% yoy • Total Regular income¹ up 8% yoy Market share of 25.0%³ 13% contribution to non interest income • GWP2 up 8% yoy . • Net insurance income up 9% yoy, driven mainly by higher GWP2 partially offset by increased costs and claims (FY2020 claims positively impacted by lockdowns) Market share of 13.1%³, key player in a concentrated market 9% contribution to non interest 1) income 2) 3) 23 Total regular income includes yearly renewable gross written premiums and occupational pension contributions Gross written premium As at 31 December 2021 based on draft preliminary market statistics 17
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