Financial information

Aviabel is an insurer of the utmost financial solidity. This is evidenced not only

based on its key financial figures (premium income and earnings), but also on

its solvency ratio. Standard & Poor's have rewarded our strong financial position 

with an A rating (outlook stable).


AM BEST

Download the AM BEST Press Release 27 April 2017

Download the AM BEST Press Release 30 November 2016

Download the AM BEST Press Release 30 March 2016

Download theAM BEST 2014 Rating Report.pdf


Standard & Poor's

Download the S&P Global Ratings press release - July 2017

Download the S&P Global Ratings Report - May 2017

Download theS&P Global Ratings press release - April 2017

Download the S&P Global Ratings press release - March 2017

Download the S&P Global Ratings press release - December 2016

Download the S&P Global Ratings rating letter - July 2016

Download the Standard & Poor's 2015 Rating Report

Download the Rating Standard & Poor's "A-" Reaffirmed

Download the Standard & Poor's 2014 Rating Report​​​


Solvency and Financial Condition

Download the AVIABEL Group Solvency and Financial Condition Report 2016


Group Financial Summary - IFRS 

​​​​​​

Balance sheet Items 2011 2012 2013 2014 2015 2016 2017








Capital 13,000 13,000 13,000 13,000​ 13,000​ 13,000​ 13,000
Shareholder Equity 95,555 106,716 108,611 114,398​ 112,841​ 111,837​ 110,935
Defered Tax 22,809 27,046 28,245 30,180​ 29,004​ ​26,768 ​24,157
Unrealized Capital Gains 7,460 16,515 17,160 21,446​ 17,653​ ​17,653 ​17,653
Gross Technical Reserves 69,361 70,872 71,315 78,564​ ​83,442 ​71,381 69,856
Net Technical Reserves 56,727 58,507 58,636 64,832​ ​72,715 ​66,100 48,713
Financials Means 147,676 163,106 173,795 176,049​ ​173,539 177,836 157,339
Treasury 19,150 21,728 11,382 19,132​ ​28,321 ​15,299 ​16,214
Total Balance Sheet 200,908 217,067 219,515 235,867 238,783 220,836 216,329








Income Statement        ​      
Gross Earned Premium 57,397 53,695 52,055 46,259​ 50,088​ 47,513​ 48,216​
Net Earned Premium 52,224 49,738 48,920 43,585​ ​46,710 ​42,677 ​21,067
Technical Result 12,508 12,986 10,726 7,879​ ​7,002 ​7,683 2,188
Profit before Tax 7,595 20,493 8,623 12,745​ 4,674 3,780 2,842
Profit after Tax 5,129 14,897 6,646 9,188​​ 2,404 2,716 -1,000








Solvency        ​  ​  
Minimun Statutory required capital (SI) 10,836 11,009 10,500 9,361​ 10,030​ 14,012​ 13,482​
Available Solvency Margin 37,367 40,132 40,597 38,870​ 39,326 ​40,283 ​38,053
Solvency Ratio 345% 365% 387% 415%​​ 392% 283% 289%


( all figures x 1.000€ )

( *) Figures as at 30/06/2017 for Solvency year 2017





​View our annual reports here:

Annual Report 2017

Annual Report 2016

Annual Report 2015

Annual Report 201​4

Annual Report 2013​

Annual Report 2012​​​