UNIQA Group Report 2013 - 21. Provisions for outstanding claims

Figures in € thousand	31.12.2013	31.12.2012
Property and casualty insurance
Gross	2,054,700	2,056,950
Reinsurers' share	–112,623	–148,311
	1,942,077	1,908,640
Health insurance
Gross	169,787	168,349
Reinsurers' share	–32	–27
	169,756	168,322
Life insurance
Gross	143,395	140,542
Reinsurers' share	–10,965	–11,425
	132,429	129,117
In the Consolidated Financial Statements
Gross	2,367,882	2,365,841
Reinsurers' share	–123,620	–159,763
Total (fully consolidated values)	2,244,262	2,206,078

Provisions for outstanding claims developed in the property and casualty insurance as follows:

Figures in € thousand			2013	2012
1.	Provisions for outstanding claims as at 1 Jan.
	a)	Gross	2,056,950	2,157,714
	b)	Reinsurers’ share	–148,311	–193,749
	c)	Retention	1,908,640	1,963,965
2.	Plus (retained) claims expenditures
	a)	Losses in the current year	1,547,165	1,494,954
	b)	Losses in the previous year	–104,311	–78,697
	c)	Total	1,442,854	1,416,257
3.	Less (retained) losses paid
	a)	Losses in the current year	–758,952	–756,385
	b)	Losses in the previous year	–640,675	–547,151
	c)	Total	–1,399,627	–1,303,536
4.	Foreign currency translation		–10,036	14,507
5.	Change in consolidation scope		0	–182,674
6.	Other changes		246	121
7.	Provisions for outstanding claims as at 31 Dec.
	a)	Gross	2,054,700	2,056,950
	b)	Reinsurers’ share	–112,623	–148,311
	c)	Retention	1,942,077	1,908,640

Cumulated payments and provisions for outstanding claims	2003	2004	2005	2006	2007	2008	2009	2010	2011	2012	2013	Total
Figures in € thousand
Financial year	910,433	944,353	1,028,050	1,134,143	1,228,427	1,337,778	1,461,317	1,445,001	1,418,522	1,526,757	1,590,115
1 year later	923,149	962,319	1,027,048	1,137,782	1,204,487	1,328,775	1,460,052	1,445,763	1,420,156	1,523,628
2 years later	926,874	961,355	1,025,447	1,120,611	1,204,950	1,340,409	1,467,606	1,451,877	1,424,182
3 years later	922,191	960,499	1,003,981	1,119,103	1,205,807	1,342,815	1,463,717	1,440,430
4 years later	918,946	958,968	1,002,057	1,117,972	1,214,756	1,340,974	1,460,077
5 years later	910,797	945,122	1,003,763	1,118,282	1,222,454	1,339,844
6 years later	909,754	944,907	1,005,652	1,112,631	1,225,711
7 years later	912,829	944,137	1,005,567	1,114,355
8 years later	911,894	945,306	1,010,073
9 years later	912,669	947,711
10 years later	914,661

Run-off	–1,992	–2,404	–4,506	–1,724	–3,257	1,130	3,640	11,447	–4,026	3,129	1,435
Run-off for accident years before 2003											21,841
Total run-off											23,276

Provisions for outstanding claims	27,160	36,060	43,344	52,305	75,239	75,084	96,333	124,657	188,163	321,088	750,271	1,789,706
Provisions for outstanding claims for accident years before 2003												226,629
Plus other reserve components (internal claims regulation costs, etc.)												38,365
Provisions for outstanding claims (gross) as at 31.12.2013												2,054,700

21. Provision for outstanding claims