1、ContentsComments from the President&CEO4Reinsurance and International Insurance8Scandinavian Re12Financial Risks16Investments20Financial Highlights24ABB26Board of Directors Report29Income Statement Consolidated31Balance Sheet Consolidated32Accounting Principles34Notes to the Financial Statements37In
2、come Statement Parent Company44Balance Sheet Parent Company46Notes to the Financial Statements48Proposed Appropriation of Earnings54Auditors Report55Board of Directors57Senior Executives and Management58Definitions60SIRIUS INTERNATIONAL INSURANCE CORPORATION ANNUAL REPORT 1998HEAD OFFICESirius Inter
3、national Insurance Corporation(publ)SE-113 96 Stockholm,Sweden.Visiting address:Birger Jarlsgatan 57BTelephone:+46 8 458 55 00Telefax:+46 8 458 55 99(Reinsurance),+46 8 458 55 90(Financial Risks)Sirius Rckversicherungs Service GmbHBallindamm 7,D-2000 Hamburg 1,Germany.Telephone:+49 40 32 44 41Telefa
4、x:+49 40 33 70 15Sirius International(UK branch)The London Underwriting Centre,First Floor,Suite 93 Minster Court,Mincing LaneLondon EC3R 7DD,Great BritainTelephone:+44 171 617 4900Telefax:+44 171 617 4919Sirius International Insurance Corporation,Zurich BranchP O Box 8242CH-8050 Zurich,SwitzerlandV
5、isiting address:Thurgauerstrasse 54Telephone:+41 1 306 8970Telefax:+41 1 306 89 79Scandinavian Reinsurance Company LimitedP.O Box HM 2275,Hamilton HMJX,Bermuda.Visiting address:Colombia House,32 Reid StreetTelephone:+1 441 295 2743Telefax:+1 441 292 658011998 has been anoutstanding yearfor the Siriu
6、s Groupand all who havean interest in itscontinuing success.2ConsolidatedSEK million19981997Gross premium income3,3523,009Insurance operating result202176Investment operating result631621Income before tax824791Net income for the year584575Combined ratio98%98%Solvency capital8,2157,409Solvency ratio2