Strong P&C Performance
The P&C segment achieved a combined ratio of 87.4% for the first 9 months, reflecting solid underlying performance even after accounting for seasonal natural catastrophe events.
Solid Investment Returns
Investments delivered excellent results with a regular income yield of 3.5% for the first 9 months of 2024, supported by a reinvestment rate of 4.1%.
Resilient Solvency Ratio
The group's solvency ratio stands at 203% at the end of Q3, comfortably within the optimal range, demonstrating the resilience of the balance sheet.
Positive Underlying Life & Health Performance
Excluding one-offs, the underlying Life & Health performance shows a positive trend with an insurance service result of EUR 81 million in Q3.
Effective Capital Management
Implemented a third-party capital solution providing 8 points of solvency relief this quarter, covering P&C and life risk.