08/07/2008 - Half Year 2008 Earnings
Positive Underlying Earnings growth
- Underlying Earnings up +7% to 2,766million
- Adjusted Earnings down -1% to 3,290 million
- Net Income down -29% to 2,162 million
Stable total revenues
- Life & Savings New Business Volume down -6% to 3,611 million
- Property & Casualty revenues up +2% to 14,519 million
- Asset Management revenues down -3% to 2,102 million
Positive net inflows
- Life & Savings net inflows: +6.2 billion
- P&C net new personal contracts: +551,000
- Asset Management net inflows: +2.2 billion
Very strong financial strength
- Solvency I at 148%
- Solvency II (QIS4) at ca. 175%