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Third Bermuda Q1

Table 3: Tokio Millennium Re, $m 2009 2010 Gross premium 417.6 509.2 Net earned premium 356.7 348.2 Cat bond income 6.4 8.2 Investment income 28.8 38.6 Total revenue 391.9 395.1 Net losses & loss expenses 37.3 201.8 Total expenses 191.4 330.6 Pre-tax result 200.5 64.6 Net result 200.5 65.0 Shareholders’ funds 1,241.5 1,187.6

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