Varma - Annual Report 2012

Notes to the income statement
1. Premiums written
Parent
Company
Parent
Company
GroupGroup
1 Jan–31 Dec, € million2012201120122011
Direct business
Basic insurance under TyEL
Employer3,072.12,938.13,072.12,938.1
Employee962.7857.2962.7857.2
4,034.73,795.24,034.73,795.2
Supplementary pension insurance under TEL6.36.76.36.7
Insurance under minimum YEL cover189.7174.9189.7174.9
4,230.83,976.84,230.83,976.8
Reinsurance0.00.00.00.0
Premiums written before reinsurance4,230.83,976.94,230.83,976.9
Reinsurance share-0.1-0.2-0.1-0.2
Premiums written 14,230.73,976.64,230.73,976.6
Credit loss on premium receivables
TyEL14.614.814.614.8
YEL1.81.61.81.6
16.416.416.416.4
1Less credit loss.