Additional documents
SERV Annual Report 2007 (PDF)
ERG Annual Report 2006 (PDF)
ERG Annual Report 2005 (PDF)
ERG Annual Report 2004 (PDF)
ERG Annual Report 2003 (PDF)
ERG Annual Report 2002 (PDF)
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Financials
The financial result in 2007, our first year of operations, was positive. New transactions increased by 40 percent, to CHF 3,536.5 million, and with 22 policies totaling CHF 481.5 million, PBR insurance can be said to have done well in the marketplace. Net exposure at year's end was CHF 8,920 million.
The 2007 result was an encouraging CHF 127.5 million. Premium income was up CHF 54 million as indemnifications and rescheduling costs declined. The reason net income did not reach the CHF 322 million of 2006 was unusually high early amortization of debt rescheduling in that year.
These positive results have strengthened our balance sheet and thus, our capital base and ability to handle risk.
Please see our annual report (PDF) for more information.
Version: 23.10.2008