content_image/19538.jpg content_image/19537.jpg
_ Premium income in property and casualty insurance grew 4.0 percent to 43.4 billion euros, before currency and consolidation effects. In IFRS accounts, the increase in premium income was 0.3 percent. 

_ The combined ratio fell 8.7 percentage points to 97.0 percent. 

_ The segment generated net income of 4.5 billion euros. 

## Earnings after taxes 

<img src='content_image/19538.jpg'>

## Investments 

<img src='content_image/19537.jpg'>

