20. Actuarial provision


Figures in € thousand

31 Dec. 2011

31 Dec. 2010

Property and casualty

 

 

Gross

36,264

38,336

Reinsurers’ share

–390

–376

 

35,874

37,959

Health

 

 

Gross

2,694,604

2,535,051

Reinsurers’ share

–1,204

–1,323

 

2,693,400

2,533,728

Life

 

 

Gross

13,975,382

13,906,519

Reinsurers’ share

–454,241

–447,009

 

13,521,141

13,459,510

In the consolidated financial statements

 

 

Gross

16,706,249

16,479,906

Reinsurers’ share

–455,835

–448,708

Total (fully consolidated values)

16,250,414

16,031,197

The interest rates used as an accounting basis were as follows:

For
Figures in per cent

Health insurance acc. to SFAS 60

Life insurance acc. to SFAS 120

2011

 

 

For actuarial provision

4.50 or 5.50

1.75–4.00

For deferred acquisition costs

4.50 or 5.50

3.88

 

 

 

2010

 

 

For actuarial provision

4.50 or 5.50

1.75–4.00

For deferred acquisition costs

4.50 or 5.50

4.34

© 2012 BY UNIQA GROUP AUSTRIA