|
Figures in € thousand |
31.12.2012 |
31.12.2011 |
|
Property and casualty |
|
|
|
Gross |
2,056,950 |
2,157,714 |
|
Reinsurers' share |
–148,311 |
–193,749 |
|
|
1,908,640 |
1,963,965 |
|
Health |
|
|
|
Gross |
168,349 |
177,169 |
|
Reinsurers' share |
–27 |
–30 |
|
|
168,322 |
177,139 |
|
Life |
|
|
|
Gross |
140,542 |
121,645 |
|
Reinsurers' share |
–11,425 |
–13,493 |
|
|
129,117 |
108,152 |
|
In the Consolidated Financial Statements |
|
|
|
Gross |
2,365,841 |
2,456,528 |
|
Reinsurers' share |
–159,763 |
–207,271 |
|
Total (fully consolidated values) |
2,206,078 |
2,249,257 |
The provisions for outstanding claims in the property and casualty insurance developed as follows:
|
Figures in € thousand |
2012 |
2011 | ||
|
1. |
Provisions for outstanding claims as at 1 January |
|
| |
|
|
a) |
Gross |
2,157,714 |
2,095,287 |
|
|
b) |
Reinsurers’ share |
–193,749 |
–223,336 |
|
|
c) |
1,963,965 |
1,871,952 | |
|
2. |
Plus (retained) claims expenditures |
|
| |
|
|
a) |
Losses of the current year |
1,494,954 |
1,703,383 |
|
|
b) |
Losses of the previous year |
–78,697 |
–57,977 |
|
|
c) |
Total |
1,416,257 |
1,645,405 |
|
3. |
Less (retained) losses paid |
|
| |
|
|
a) |
Losses of the current year |
–756,385 |
–883,040 |
|
|
b) |
Losses of the previous year |
–547,151 |
–649,498 |
|
|
c) |
Total |
–1,303,536 |
–1,532,538 |
|
4. |
Foreign currency translation |
14,507 |
–22,930 | |
|
5. |
Change in consolidation scope |
–182,674 |
0 | |
|
6. |
Other changes |
121 |
2,077 | |
|
7. |
Provisions for outstanding claims as at 31 December |
|
| |
|
|
a) |
Gross |
2,056,950 |
2,157,714 |
|
|
b) |
Reinsurers’ share |
–148,311 |
–193,749 |
|
|
c) |
Retention |
1,908,640 |
1,963,965 |
|
Claims payments |
2007 |
2008 |
2009 |
2010 |
2011 |
2012 |
Total |
|
Figures in € thousand |
|
|
|
|
|
|
|
|
Financial year |
606,966 |
697,872 |
758,101 |
774,508 |
738,931 |
754,017 |
|
|
1 year later |
946,570 |
1,067,118 |
1,152,347 |
1,156,966 |
1,103,798 |
|
|
|
2 years later |
1,031,938 |
1,161,407 |
1,255,519 |
1,250,176 |
|
|
|
|
3 years later |
1,076,067 |
1,208,216 |
1,315,780 |
|
|
|
|
|
4 years later |
1,110,870 |
1,234,209 |
|
|
|
|
|
|
5 years later |
1,129,142 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Accumulated payments |
1,129,142 |
1,234,209 |
1,315,780 |
1,250,176 |
1,103,798 |
754,017 |
|
|
|
|
|
|
|
|
|
|
|
Estimated final claims payments |
1,204,879 |
1,320,339 |
1,438,683 |
1,430,396 |
1,403,953 |
1,502,283 |
|
|
Current balance sheet reserve |
75,737 |
86,130 |
122,903 |
180,219 |
300,155 |
748,266 |
1,513,411 |
|
|
|
|
|
|
|
|
|
|
Balance sheet reserve for the claims years 2006 and before |
|
|
|
|
|
|
394,713 |
|
|
|
|
|
|
|
|
1,908,124 |
|
Plus other reserve components (internal claims regulation costs, etc.) |
|
|
|
|
|
|
148,826 |
|
Provisions for outstanding claims (gross) as at 31.12.2012 |
|
|
|
|
|
|
2,056,950 |
