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Notes to the Accounts

8 Performance Analysis per Class of P&C Insurance
                 
             
EURm Accident and health Motor, third party liability Motor, other classes Marine, air and transport Fire and other damage to property Third party liability Credit insurance
  Premiums written, gross              
  2010 621 662 1,106 131 1,261 180 6
  2009 565 637 994 128 1,157 168 4
  Premiums earned, gross              
  2010 597 666 1,075 129 1,226 179 5
  2009 555 640 1,018 128 1,142 165 3
  Claims incurred, gross 1)              
  2010 -401 -541 -799 -98 -918 -105 0
  2009 -419 -545 -722 -64 -798 -100 -1
  Operating expenses, gross 2)              
  2010 -106 -128 -169 -25 -186 -29 0
  2009 -108 -128 -166 -25 -185 -27 0
  Profit/loss from ceded reinsurance              
  2010 -11 0 -2 -2 -31 -30 0
  2009 0 0 -1 -20 -64 -2 0
  Technical result before investment return              
  2010 79 -4 106 4 90 15 4
  2009 28 -32 130 18 94 37 2
                 
EURm Legal expenses Other Total direct insurance Reinsurance assumed Elimination Total  
  Premiums written, gross              
  2010 29 113 4,109 84 -4 4,189  
  2009 23 102 3,776 117 -6 3,888  
  Premiums earned, gross              
  2010 27 108 4,012 88 -4 4,095  
  2009 19 97 3,767 98 -6 3,860  
  Claims incurred, gross 1)              
  2010 -16 -99 -2,977 -70 -2 -3,049  
  2009 -12 -77 -2,738 -103 3 -2,838  
  Operating expenses, gross 2)              
  2010 -5 -27 -676 -10 0 -686  
  2009 -4 -6 -649 -10 1 -658  
  Profit/loss from ceded reinsurance              
  2010 0 -19 -95 13 3 -80  
  2009 0 3 -83 3 2 -77  
  Technical result before investment return              
  2010 5 -37 264 20 -3 281  
  2009 4 18 297 -11 1 287  
                 
  1) Activity-based operating costs EURm 253 (239) have been allocated to claims incurred.  
  2) Includes other technical income EURm 25 (23) and other technical expenses EURm 24 (22).  
                 
                 
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