|
|
31 Dec. 2010 |
31 Dec. 2009 |
|
Property and casualty |
|
|
|
Gross |
2,095,145 |
2,028,238 |
|
Reinsurers' share |
–223,336 |
–281,334 |
|
|
1,871,810 |
1,746,904 |
|
Health |
|
|
|
Gross |
172,834 |
167,447 |
|
Reinsurers' share |
–555 |
–534 |
|
|
172,279 |
166,913 |
|
Life |
|
|
|
Gross |
124,393 |
104,259 |
|
Reinsurers' share |
–16,084 |
–11,894 |
|
|
108,309 |
92,365 |
|
In the consolidated financial statements |
|
|
|
Gross |
2,392,372 |
2,299,943 |
|
Reinsurers' share |
–239,975 |
–293,762 |
|
Total (fully consolidated values) |
2,152,397 |
2,006,182 |
The provision for outstanding claims developed in the property and casualty insurance as follows:
|
|
|
|
2010 |
2009 |
|
1. |
Provisions for outstanding claims as at 1 Jan. |
|
| |
|
|
a) |
Gross |
2,028,238 |
1,919,387 |
|
|
b) |
Reinsurers’ share |
–281,334 |
–252,684 |
|
|
c) |
1,746,904 |
1,666,703 | |
|
2. |
Plus (retained) claims expenditures |
|
| |
|
|
a) |
Losses of the current year |
1,759,858 |
1,582,095 |
|
|
b) |
Losses of the previous year |
–60,022 |
–88,493 |
|
|
c) |
Total |
1,699,835 |
1,493,601 |
|
3. |
Less (retained) losses paid |
|
| |
|
|
a) |
Losses of the current year |
–946,201 |
–845,587 |
|
|
b) |
Losses of the previous year |
–620,472 |
–576,343 |
|
|
c) |
Total |
–1,566,673 |
–1,421,930 |
|
4. |
Foreign currency translation |
–8,920 |
–1,814 | |
|
5. |
Change in consolidation scope |
0 |
10,343 | |
|
6. |
Other changes |
664 |
0 | |
|
7. |
Provisions for outstanding claims as at 31 Dec. |
|
| |
|
|
a) |
Gross |
2,095,145 |
2,028,238 |
|
|
b) |
Reinsurers’ share |
–223,336 |
–281,334 |
|
|
c) |
Retention |
1,871,810 |
1,746,904 |
|
Claims payments |
2005 |
2006 |
2007 |
2008 |
2009 |
2010 |
Total |
|
Financial year |
600,769 |
651,046 |
709,247 |
786,074 |
848,670 |
879,761 |
|
|
1 year later |
931,472 |
990,164 |
1,099,380 |
1,196,623 |
1,288,176 |
|
|
|
2 years later |
1,011,823 |
1,081,757 |
1,193,312 |
1,296,470 |
|
|
|
|
3 years later |
1,049,911 |
1,122,965 |
1,239,518 |
|
|
|
|
|
4 years later |
1,067,332 |
1,148,725 |
|
|
|
|
|
|
5 years later |
1,086,589 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Accumulated payments |
1,086,589 |
1,148,725 |
1,239,518 |
1,296,470 |
1,288,176 |
879,761 |
|
|
|
|
|
|
|
|
|
|
|
Estimated final claims payments |
1,159,572 |
1,243,192 |
1,371,515 |
1,476,000 |
1,590,990 |
1,616,056 |
|
|
Current balance sheet reserve |
72,983 |
94,466 |
131,997 |
179,530 |
302,813 |
736,294 |
1,518,083 |
|
|
|
|
|
|
|
|
|
|
Balance sheet reserve |
|
|
|
|
|
|
445,624 |
|
|
|
|
|
|
|
|
1,963,708 |
|
Plus other reserve components |
|
|
|
|
|
|
131,437 |
|
Provisions for outstanding claims (gross) as at 31 Dec. 2010 |
|
|
|
|
|
|
2,095,145 |
