Achmea: H1 Operational result increases to EUR363 million

30 August 2021 — Andrei Victor
Dutch financial group Achmea announced its H1 2021 operational result increased to EUR 363 million compared to EUR 127 million in the first half year of 2020. "A good start, but uncertainties remain in the second half of the year", said Bianca TETTEROO, Chair of the Executive Board.

The net result amounted to EUR 306 million in the first half of 2021 (H1 2020: EUR 108 million), while total Gross written premiums decreased slightly by 2% in the first half of 2021 to EUR 17.40 billion (H1 2020: EUR 17.67 billion).

At the same time, the combined ratio climbed to 95.8% due to a higher cost of claims caused by snowstorm Darcy and additional provisions for personal injury claims from previous years. These developments are offset by higher investment results. The solvency ratio of the Group increased to 211%.

Click here to read the statement published on Achmea's website.

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