Our glossary explains technical terms from the areas finance and reinsurance. We hope it facilitates the understanding of our texts, publications and annual reports. If you have comments or suggestions, please use our feedback form!

• Non-life business
  by way of distinction from operations in our life and health reinsurance business group, we use this umbrella term to cover our business group comprised essentially of property and casualty reinsurance, specialty lines and structured reinsurance products.
• Non-proportional reinsurance
  reinsurance treaty under which the reinsurer assumes the loss expenditure in excess of a particular amount ( priority) (e. g. under an excess of loss treaty). This is in contrast to proportional reinsurance.
• Negative screening
  Investment approach that excludes problematic sectors or companies from the outset.
• Non-financial information statement
  The new CSR Directive Implementation Act requires certain capital-market-oriented companies to publish a non-financial information statement for the first time with effect from the 2017 financial year onwards. In addition to a short description of the business model, it must cover at a minimum environmental, employee and social matters as well as respect for human rights and combatting corruption and bribery.