Varma

Annual Report 2014

VARMA_tilinpaatos
Notes to the income statement
1. Premiums written
ParentParent
CompanyCompanyGroupGroup
1 Jan.–31 Dec., € million2014201320142013
Direct business
Basic insurance under TyEL
Employer3,112.03,095.03,112.03,095.0
Employee1,033.2970.61,033.2970.6
4,145.34,065.64,145.34,065.6
Supplementary pension insurance under TEL5.15.45.15.4
Insurance under minimum YEL cover193.2187.2193.2187.2
4,343.64,258.14,343.64,258.1
Reinsurance0.00.00.00.0
Premiums written before reinsurance4,343.64,258.14,343.64,258.1
Reinsurance share-0.1-0.2-0.1-0.2
Premiums written 14,343.64,258.04,343.64,258.0
Credit loss on premium receivables
TyEL15.317.615.317.6
YEL2.11.82.11.8
17.519.417.519.4
1Less credit loss