PDF《董事长报告》

2011 Thai flood claims during the first half of the Year. The combined ratio for the Year was 106.9% (2011 (restated): 103.9%).

8 Taiping Reinsurance Company Limited Annual Report

2012 Chairman'

s Statement (Continued) 董事长报告 (续) 关键表现指标 主要财务数肮丶硐种副旮攀鋈缦: 截至十二月三十一日止年度,百万港元 附注:

1 赔付率及费用率均按已赚取保费净额为基 准计算.

2 综合成本率为赔付率与费用率的总和.

3 费用率包括承保费用及佣金支出净额.

4 年内,太平再保险变更截至二零一二年 十二月三十一日止年度未到期责任准备金 的计量方法之会计政策,使再保险业务的 计量方法与本集团内其他的财产保险附 属公司保持一致.上述之会计政策已追溯 执行,二零一一年之比较数嘁严嘤χ 列. KEY PERFORMANCE INDICATORS The key financial data and key performance indicators are summarized below: For the year ended

31 December, HK$ million

2012 二零一二年

2011 二零一一年 (Restated)

4 (重列)4 Change 变化 Gross premiums written 毛承保保费 3,435.30 3,431.08 +0.1% Net premiums written 净承保保费 3,073.24 3,073.66 C Net earned premiums 已满期保费净额 2,994.50 2,905.24 +3.1% Net claims incurred 赔款净额 (2,291.52) (2,131.55) +7.5% Underwriting expenses 承保费用 (75.69) (73.76) +2.6% Net commission expenses 佣金支出净额 (835.77) (812.31) +2.9% Underwriting loss 承保亏损 (207.83) (111.72) +86.0% Total investment income 投资收入总额 328.49 130.66 +1.5 times 倍Net exchange gain 汇兑收益净额 25.53 8.58 +2.0 times 倍Other administrative expenses 其他行政费用 (12.78) (11.82) +8.1% Profit before taxation 除税前溢利 131.08 19.01 +5.9 times 倍Profit (loss) after taxation 除税后溢利 (亏损) 112.08 (41.86) C Technical reserves ratio 技术性储备比率 171.1% 154.2% +16.9 pts 点Retained ratio 自留比率 89.5% 89.6% -0.1 pt 点Earned premiums ratio 已赚取保费率 87.2% 84.7% +2.5 pts 点Loss ratio

1 赔付率

1 76.5% 73.4% +3.1 pts 点Expense ratio 1&

3 费用率 1及3 30.4% 30.5% -0.1 pt 点Combined ratio

2 综合成本率

2 106.9% 103.9% +3.0 pts 点Remarks:

1 Both the loss ratio and expense ratio are based on net earned premiums.

2 The combined ratio is the sum of the loss ratio and the expense ratio.

3 The expense ratio is comprised of underwriting expenses and net commission expenses.

4 During the Year, TPRe has changed its accounting policy for measurement of unearned premium provisions for the year ended

31 December

2012 in order to align itself with the other property and casualty insurance subsidiaries of the Group. The above changes in accounting policy have been applied retrospectively and the comparative figures for

2011 have been restated accordingly.

9 太平再保险有限公司 二零一二年年报 Chairman'

s Statement (Continued) 董事长报告 (续) 太平再保险二零一二年度业绩详述 太平再保险之毛承保保费由去年34.3108亿 港元上升0.1%至34.3530亿港元.若剔除二 零一一年与香港某一客户承保的一次性不续 期的大额再保险合约,太平再保险年内保费 增长应为10%.年内,为加强业务风险管控, 针对个别亚太区场风险适度收紧了承保条 款及条件.中国大陆场作为公司保费增长 的重要引擎,继续取得可观的保费增长,承保 及投资表现令人满意.其它地区业务发展继 续秉持多元化经营,有利分散风险的理念, 大部份地区保费均录得稳定增长. 太平再保险按地区分布划分之毛承保保费简 报如下: 截至十二月三十一日止年度,百万港元 赔款方面,二零一二年对太平再保险而言属 平静的一年,并无遭受严重的大灾害影响. 然而,二零一一年泰国水灾的索赔金额由於 若干分保客户迟报索赔通知,致使公司二零 一二年上半年赔款急剧转坏约6.40亿港元. 年内,太平再保险对赔款储备及赔付发展情 况进行审阅,并对大灾害赔款储备进行更科 学的研究和分析,赔款储备冗余回拨2.15亿 港元.二零一二年赔付率净额上升至76.5% (二零一一年 (重列) :73.4% ) . ELABORATION OF THE