ANNUAL REPORT 2006
Insurance | Asset Management | Banking
Shareholder Company Success Factors Business Development Consolidated Financial Statements

Segment Performance: All Targets for 2006 Exceeded.

Property-Casualty: Underwriting excellence – 92.9% combined ratio.


Life/Health: Dynamic operating profit growth continued.

Banking: Milestone achieved for cost-income ratio of below 80%.

Asset Management: Consistently delivered double-digit operating profit growth.