Consolidated net profit up 19.0 per cent to €106.4 million Combined ratio after reinsurance at 92.8 per cent Premiums written grow by 4.3% to €1,859.3 million Solvency II ratio at 208 per cent Outlook for the full year: Continued stability in core underwriting business, high volatility on the capital markets due to the Russian war against Ukraine. No impairments on Russian and Ukrainian bonds in the first quarter.