2020 (EUR) 2019 (EUR)
Gross premium 180.967.469 157.582.324
Net premium 106.430.325 100.506.922
Gross losses 76.015.279 73.805.192
Shareholders’ funds 87.042.128 83.135.427
Profit before tax 3.452.465 6.005.337
Net losses 54.979.389 56.668.412
Gross technical provisions 195.766.154 173.388.974
Net technical provisions 138.311.591 122.838.090
Number of employees  52 52
     
Retention ratio 58,8% 63,8%
Net technical provisions as % of net premium 130,0% 122,2%
Net loss ratio 63,7% 64,2%
Expense ratio 31,2% 33,0%
Combined ratio 94,9% 97,2%
Operating expenses as % of gross premium 2,67% 2,51%
Return on equity (in %) 3,3% 6,0%