|
|
31 Dec. 2010 |
31 Dec. 2009 |
|
Property and casualty |
|
|
|
Gross |
38,784 |
34,792 |
|
Reinsurers' share |
–33 |
–99 |
|
|
38,751 |
34,693 |
|
Health |
|
|
|
Gross |
61,454 |
62,476 |
|
Reinsurers' share |
0 |
0 |
|
|
61,454 |
62,476 |
|
Life |
|
|
|
Gross |
113,929 |
146,885 |
|
Reinsurers' share |
0 |
0 |
|
|
113,929 |
146,885 |
|
In the consolidated financial statements |
|
|
|
Gross |
214,167 |
244,153 |
|
Reinsurers' share |
–33 |
–99 |
|
Total (fully consolidated values) |
214,134 |
244,054 |
|
of which profit-unrelated (retention) |
49,439 |
47,489 |
|
of which profit-related (retention) |
164,695 |
196,565 |
|
Gross |
31 Dec. 2010 |
31 Dec. 2009 | |
|
a) |
Provision for profit-unrelated premium refunds |
49,472 |
47,588 |
|
|
of which property and casualty insurance |
31,024 |
27,110 |
|
|
of which health insurance |
16,578 |
20,252 |
|
|
of which life insurance |
1,869 |
226 |
|
|
|
|
|
|
b) |
Provision for profit-related premium refunds and /or policyholder profit participation |
217,463 |
187,277 |
|
|
of which property and casualty insurance |
7,760 |
7,682 |
|
|
of which health insurance |
44,876 |
42,224 |
|
|
of which life insurance |
164,827 |
137,372 |
|
|
|
|
|
|
|
Deferred profit participation |
–52,767 |
9,287 |
|
Total (fully consolidated values) |
214,167 |
244,153 | |
|
Gross |
2010 |
2009 | |
|
a) |
Provision for profit-unrelated premium refunds, |
|
|
|
|
As at 1 Jan. |
234,866 |
257,680 |
|
|
Changes due to: |
|
|
|
|
Other changes |
32,069 |
–22,815 |
|
As at 31 Dec. |
266,934 |
234,866 | |
|
|
|
|
|
|
b) |
Deferred profit participation |
|
|
|
|
As at 1 Jan. |
9,287 |
–216,675 |
|
|
Changes due to: |
|
|
|
|
fluctuation in value, securities available for sale |
–105,922 |
186,504 |
|
|
actuarial gains and losses on defined benefit plans |
–8,712 |
–2,004 |
|
|
revaluations affecting income |
52,580 |
41,461 |
|
As at 31 Dec. |
–52,767 |
9,287 | |
The latent profit sharing was changed to an asset item in the financial year 2010. On the basis of the business model used in life insurance and the management rules applied in the Group, this asset item will be reduced against the technical liabilities over the term of the policy. The appropriateness of the entire technical liability will also be regularly checked under a discounted cashflow model (“liability adequacy test”).
