TSC Annual Report 2024 final - Flipbook - Page 47
Managing
Directorstatements
Report
Financial
Five-year summary
Amounts in USD millions.
2024
2023
2022
2021
2020
247.5
187.7
16.8
-143.1
-40.1
21.3
12.7
34.0
235.7
179.2
12.7
-147.0
-36.6
8.3
21.7
30.0
225.9
169.3
-136.9
-35.1
-2.8
-38.9
-41.7
193.1
150.1
-163.4
-31.0
-44.2
9.9
-34.3
173.8
134.7
2.8
-138.5
-27.1
-28.2
31.1
3.0
216.6
66%
53.4
314.7
230.2
84.5
58.9
169.0
186%
136%
498.2
380.9
183.7
60%
46.5
271.6
192.4
79.2
58.4
158.4
171%
121%
436.4
363.2
150.0
59%
38.0
241.7
172.0
69.7
49.7
139.3
173%
123%
350.5
303.4
196.5
80%
47.8
268.6
194.5
74.1
48.3
148.2
181%
131%
390.7
291.9
231.4
110%
54.5
297.3
232.8
64.5
41.8
129.0
230%
180%
397.3
251.3
77%
21%
98%
12.9%
82%
20%
102%
12.7%
81%
21%
102%
13.6%
109%
20%
129%
12.6%
103%
20%
123%
12.8%
6.5%
8.1%
-4.0%
3.2%
7.7%
Income statement
Earned premiums, gross
Earned premiums, for own account
Investment income, allocated from non-technical account
Claims, for own account
Refunds and P&I discounts
Net operating expenses
Balance on technical account
Balance on non-technical account
Result before appropriations and tax
Financial position
Free reserves
Free reserves / Provision for claims outstanding for own account
Deferred tax liability included in free reserves
Eligible Own Funds, in accordance with Solvency 2
Basic own funds
Ancillary own funds
Minimum Capital Requirement (MCR)
Solvency Capital Requirement (SCR)
Eligible Own Funds / SCR
Basic Own Funds / SCR
Investment assets at fair value
Technical provisions, for own account
Key data insurance business
Loss ratio
Expense ratio
Combined ratio
Average Expense Ratio (AER)
Key data asset management
Total return
The Swedish Club | Annual Report 2024
47
