24. Provision for premium refunds

Provision for non-profit related premium refunds:

Gross

In € thousand

31/12/2016

31/12/2015

At 1 January

43,483

49,743

Additions

7,759

11,056

Disposals

–9,854

–17,313

Foreign exchange differences

33

–2

At 31 December

41,422

43,483

Provision for profit-related premium refunds and/or policyholder profit participation and latent profit participation:

Gross

In € thousand

31/12/2016

31/12/2015

Provision for profit-related premium refunds and /or policyholder profit participation

 

 

At 1 January

112,096

188,481

Additions

48,229

3,421

Disposals

–19,619

–61,709

Portfolio changes

–13,716

–18,130

Foreign exchange differences

529

32

At 31 December

127,518

112,096

 

 

 

Deferred profit participation

 

 

At 1 January

905,019

952,801

Fluctuation in value, available-for-sale securities

152,924

–86,990

Revaluations of defined benefit obligations

–1,127

–7,062

Revaluations through profit or loss

–15,330

46,271

Reclassifications held for sale

–203,967

0

At 31 December

837,520

905,019

Total

965,038

1,017,115