Operating Highlights (MSI Up to FY 2010)
Key Performance Indicators (Mitsui Sumitomo Insurance / Non-Consolidated)
Net Premiums Written
Net Income
Net Loss Ratio
Net Expense Ratio
(Unit: Yen in billions, all unlabeled items)
FY 2006 |
FY 2007 |
FY 2008 |
FY 2009 |
FY 2010 |
|
|---|---|---|---|---|---|
Net premiums written |
1,324.4 |
1,306.8 |
1,239.3 |
1,203.7 |
1,230.5 |
Growth rate |
-1.0% |
-1.3% |
-5.2% |
-2.9% |
2.2% |
Net claims paid |
771.0 |
777.3 |
784.8 |
771.9 |
765.9 |
Loss adjustment expenses |
65.3 |
74.0 |
76.1 |
74.4 |
75.5 |
Underwriting expenses |
407.7 |
415.0 |
421.0 |
414.9 |
417.3 |
Incurred losses |
828.5 |
770.2 |
754.3 |
752.6 |
806.6 |
Underwriting profit / loss |
-34.7 |
-19.6 |
32.4 |
-15.9 |
-50.3 |
Net interest and dividend income |
93.9 |
95.7 |
85.0 |
63.4 |
60.6 |
Net gains / losses on sales of securities |
27.3 |
33.6 |
60.2 |
0.2 |
38.3 |
Losses on davaluation of securities |
4.1 |
14.7 |
109.5 |
4.8 |
7.5 |
Net gains / losses on derivatives transactions |
-0.6 |
-23.2 |
-0.7 |
25.2 |
8.7 |
Net investment income / loss |
116.4 |
77.7 |
-1.9 |
57.7 |
83.9 |
Ordinary profit / loss |
80.1 |
55.0 |
25.5 |
35.7 |
31.7 |
Extraordinary income / loss |
-4.1 |
-4.8 |
23.6 |
-2.6 |
-5.5 |
Net income / loss |
55.3 |
38.3 |
46.5 |
25.4 |
22.8 |
Net loss ratio (Note 1) |
63.1% |
65.1% |
69.5% |
70.3% |
68.4% |
Net expense ratio (Note 2) |
30.8% |
31.8% |
34.0% |
34.5% |
33.9% |
Combined ratio |
93.9% |
96.9% |
103.5% |
104.8% |
102.3% |
Note : For the purpose of easy comparison with other non-life insurance companies, net premiums written exclude "Modo-rich" funds. "Modo-rich" funds refer to Good Result Return (GRR) premiums of the automobile insurance product "Modo-rich," which contains a special clause that provides for premium adjustment and refund at maturity.
Note 1: Net loss ratio = (net claims paid + loss adjustment expense) / net premiums written * 100
Note 2: Net expense ratio = underwriting expenses / net premiums written * 100
Noteworthy content
