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Germany

1,324.4

22.6

1,334.1

25.7

Other EU states

1,532.8

26.2

1,149.3

22.1

Rest of Europe

179.6

3.1

201.4

3.9

USA

2,024.4

34.6

1,867.4

35.9

2001

2001

2000

2000

€ million

%

€ million

%

Canada Asia Australia Other Total

Business by region and insurance class

Gross premium income by region

3.7 100.0

92.01.6 336.05.8 .7 154.02.6 206.7 5,849.9

81.7 190 3.7 178.03.4 3.5 100.0

192.9 5,195.5

1.6

North America largest market

Our strategic gearing to international insurance markets is reflected by a further increase in premium revenues realized outside Germany. € 4,525.5 million of a total premium volume of € 5,849.9 million came from abroad, raising the foreign business ratio to 77.4% (p.y. 74.3%). In North American business, premium income increased by € 167.3 million to € 2,116.4 million. North America thus remains the largest market for our portfolio.

The sharpest absolute growth in premium income was achieved in the markets of the EU. With a € 383.5 million upturn to € 1,532.8 million, premium volume surpassed for the first time the premium income from business in Germany, which edged down by 0.7% to € 1,324.4 million (p.y. € 1,334.1 million). The highest percentage rise in premium revenues was registered in Asia, where 76.2% premium growth boosted volume to € 336.0 million, climbing from € 190.7 million in the preceding year.

Gerling Global Re Group 19

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