General remarks:
The breakdown by type of undertaking differs from the breakdown by Line of Business because some non-life insurance undertakings can engage in life business and vice versa.
Figures for Marine, Aviation and Other Transport Insurance include Freight Insurance. We are unable to split the business.
Data on total investments include investments not included in life or non-life portfolios. These investments in “Other” portfolio cannot be split between life and non-life business for composite insurance undertakings.

Definition of foreign-controlled companies:
Company incorporated under the law of the Czech Republic with more than 50 per cent of the share capital foreign-owned.

1.2 Gross claims payments:
Gross claims payments include claims management expenses.

1.4 Gross operating expenses:
Gross operating expenses do not include investment management expenses and claims management expenses.

Average nominal net investment return:
(Total investment value at the beginning of the relevant period + Total investment value at the end of the relevant period)/2 = an average amount of investments during the period
Revenues from investments less costs related to investment activities = net investment income