UNIQA Group Report 2014 - 23. Technical provisions

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Gross	Unearned premiums	Insurance provision	Provision for unsettled claims	Provision for non-profit related premium refunds	Provision for non-profit related premium refunds and/or policyholder profit participation	Other technical provisions	Total for Group
in € thousand	Unearned premiums	Insurance provision	Provision for unsettled claims	Provision for non-profit related premium refunds		Other technical provisions	Total for Group
Property and casualty insurance
At 31/12/2013	612,723	13,154	2,054,700	33,648	580	19,175	2,733,981
Foreign exchange differences	–12,683	–667	–13,730	–43	‑6	–59	–27,188
Change in basis of consolidation	12,616	0	33,252	0	0	0	45,868
Portfolio changes	5,073		–1,801			0	3,271
Additions		387		2,388	2,050	5,276	10,101
Disposals		–309		–525	–1,671	–7,567	–10,073
Premiums written	2,328,252						2,328,252
Premiums earned	–2,338,607						–2,338,607
Claims – reporting year			1,647,629				1,647,629
Claim payments – reporting year			–763,303				–763,303
Change in claims – previous years			6,805				6,805
Claim payments – previous years			–723,086				–723,086
At 31/12/2014	607,373	12,565	2,240,465	35,468	952	16,825	2,913,649

Health insurance
At 31/12/2013	18,865	2,327,656	169,787	10,108	44,319	806	2,571,540
Foreign exchange differences	652	–61	–502	–24	0	‑3	61
Change in basis of consolidation	0	0	0	0	0		0
Portfolio changes	1,007		424			0	1,431
Additions		109,405		9,756	17,507	200	136,868
Disposals		–135		–9,017	–17,173	–13	–26,339
Premiums written	945,778						945,778
Premiums earned	–947,034						–947,034
Claims – reporting year			672,269				672,269
Claim payments – reporting year			–478,830				–478,830
Change in claims – previous years			–20,418				–20,418
Claim payments – previous years			–177,525				–177,525
At 31/12/2014	19,268	2,436,865	165,204	10,823	44,652	989	2,677,800

Life insurance
At 31/12/2013	0	14,106,599	143,395	2,723	315,777	26,201	14,594,694
Foreign exchange differences		–43,531	–784	–16	10,738	–189	–33,781
Change in basis of consolidation		217,633	2,600		0		220,233
Portfolio changes		547,416	345		–59	501	548,203
Additions		102,350		745	774,392	1,342	878,829
Disposals		–606,598		0	–5,170	–1,409	–613,178
Premiums written							0
Premiums earned							0
Claims – reporting year			2,395,353				2,395,353
Claim payments – reporting year			–2,196,339				–2,196,339
Change in claims – previous years			14,404				14,404
Claim payments – previous years			–179,798				–179,798
At 31/12/2014	0	14,323,869	179,174	3,452	1,095,678	26,446	15,628,619

Total for Group
At 31/12/2013	631,588	16,447,408	2,367,882	46,479	360,676	46,182	19,900,215
Foreign exchange differences	–12,031	–44,258	–15,016	–83	10,732	–251	–60,907
Change in basis of consolidation	12,616	217,633	35,851	0	0	0	266,100
Portfolio changes	6,079	547,416	–1,033		–59	501	552,904
Additions		212,142		12,889	793,948	6,818	1,025,798
Disposals		–607,043		–9,542	–24,015	–8,989	–649,589
Premiums written	3,274,030						3,274,030
Premiums earned	–3,285,642						–3,285,642
Claims – reporting year			4,715,251				4,715,251
Claim payments – reporting year			–3,438,472				–3,438,472
Change in claims – previous years			791				791
Claim payments – previous years			–1,080,410				–1,080,410
At 31/12/2014	626,641	16,773,299	2,584,844	49,743	1,141,282	44,260	21,220,068

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Reinsurers’ share	Unearned premiums	Insurance provision	Provision for unsettled claims	Provision for non-profit related premium refunds	Provision for non-profit related premium refunds and/or policyholder profit participation	Other technical provisions	Total for Group
in € thousand	Unearned premiums	Insurance provision	Provision for unsettled claims	Provision for non-profit related premium refunds		Other technical provisions	Total for Group
Property and casualty insurance
At 31/12/2013	14,592	383	112,623	0	0	1,750	129,348
Foreign exchange differences	–204	–22	–92			–29	–347
Change in basis of consolidation	507		516	0		0	1,024
Portfolio changes	–115		50				–65
Additions		0		0		634	634
Disposals		–226		0		–235	–461
Premiums written	124,829						124,829
Premiums earned	–123,670						–123,670
Claims – reporting year			62,969				62,969
Claim payments – reporting year			–14,774				–14,774
Change in claims – previous years			7,882				7,882
Claim payments – previous years			–31,569				–31,569
At 31/12/2014	15,938	135	137,605	0	0	2,120	155,798

Health insurance
At 31/12/2013	51	985	32	0	0	0	1,067
Foreign exchange differences	0		8				8
Change in basis of consolidation	0						0
Portfolio changes							0
Additions							0
Disposals		–99					–99
Premiums written	456						456
Premiums earned	–415						–415
Claims – reporting year			121				121
Claim payments – reporting year			–138				–138
Change in claims – previous years			2				2
Claim payments – previous years			0				0
At 31/12/2014	92	886	25	0	0	0	1,002

Life insurance
At 31/12/2013	0	412,018	10,965	0	0	–147	422,837
Foreign exchange differences		–13	33	0			20
Change in basis of consolidation		0	0				0
Portfolio changes		–19,535	2,903				–16,631
Additions		1,311				5	1,315
Disposals		–495		0		–14	–509
Premiums written							0
Premiums earned							0
Claims – reporting year			26,946				26,946
Claim payments – reporting year			–24,981				–24,981
Change in claims – previous years			1,685				1,685
Claim payments – previous years			–3,942				–3,942
At 31/12/2014	0	393,286	13,610	0	0	–156	406,739

Total for Group
At 31/12/2013	14,643	413,385	123,620	0	0	1,604	553,252
Foreign exchange differences	–205	–35	–51	0		–29	–319
Change in basis of consolidation	507	0	516	0		0	1,024
Portfolio changes	–115	–19,535	2,953				–16,697
Additions		1,311		0		639	1,950
Disposals		–820		0		–250	–1,070
Premiums written	125,285						125,285
Premiums earned	–124,085						–124,085
Claims – reporting year			90,036				90,036
Claim payments – reporting year			–39,893				–39,893
Change in claims – previous years			9,568				9,568
Claim payments – previous years			–35,512				–35,512
At 31/12/2014	16,030	394,307	151,240	0	0	1,964	563,540

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Net	Unearned premiums	Insurance provision	Provision for unsettled claims	Provision for non-profit related premium refunds	Provision for non-profit related premium refunds and/or policyholder profit participation	Other technical provisions	Total for Group
in € thousand	Unearned premiums	Insurance provision	Provision for unsettled claims	Provision for non-profit related premium refunds		Other technical provisions	Total for Group
Property and casualty insurance
At 31/12/2013	598,131	12,772	1,942,077	33,648	580	17,425	2,604,633
Foreign exchange differences	–12,478	–645	–13,638	–43	‑6	–30	–26,841
Change in basis of consolidation	12,108	0	32,736	0	0	0	44,844
Portfolio changes	5,188		–1,851	0		0	3,336
Additions		387		2,388	2,050	4,641	9,466
Disposals		–84		–525	–1,671	–7,332	–9,611
Premiums written	2,203,423						2,203,423
Premiums earned	–2,214,937						–2,214,937
Claims – reporting year			1,584,660				1,584,660
Claim payments – reporting year			–748,529				–748,529
Change in claims – previous years			–1,077				–1,077
Claim payments – previous years			–691,517				–691,517
At 31/12/2014	591,435	12,431	2,102,860	35,468	952	14,704	2,757,850

Health insurance
At 31/12/2013	18,815	2,326,671	169,755	10,108	44,319	806	2,570,473
Foreign exchange differences	652	–61	–510	–24	0	‑3	54
Change in basis of consolidation	0	0	0	0	0		0
Portfolio changes	1,007		424	0	0	0	1,431
Additions		109,405		9,756	17,507	200	136,868
Disposals		–36		–9,017	–17,173	–13	–26,240
Premiums written	945,322						945,322
Premiums earned	–946,619						–946,619
Claims – reporting year			672,148				672,148
Claim payments – reporting year			–478,693				–478,693
Change in claims – previous years			–20,420				–20,420
Claim payments – previous years			–177,525				–177,525
At 31/12/2014	19,176	2,435,979	165,179	10,823	44,652	989	2,676,798

Life insurance
At 31/12/2013	0	13,694,581	132,429	2,723	315,777	26,347	14,171,858
Foreign exchange differences		–43,518	–817	–16	10,738	–189	–33,801
Change in basis of consolidation		217,633	2,600	0	0		220,233
Portfolio changes		566,951	–2,558	0	–59	501	564,834
Additions		101,039		745	774,392	1,338	877,514
Disposals		–606,103		0	–5,170	–1,395	–612,669
Premiums written							0
Premiums earned							0
Claims – reporting year			2,368,407				2,368,407
Claim payments – reporting year			–2,171,358				–2,171,358
Change in claims – previous years			12,719				12,719
Claim payments – previous years			–175,857				–175,857
At 31/12/2014	0	13,930,583	165,565	3,452	1,095,678	26,603	15,221,880

Total for Group
At 31/12/2013	616,946	16,034,023	2,244,261	46,479	360,676	44,578	19,346,963
Foreign exchange differences	–11,826	–44,223	–14,965	–83	10,732	–222	–60,588
Change in basis of consolidation	12,108	217,633	35,335	0	0	0	265,077
Portfolio changes	6,195	566,951	–3,986	0	–59	501	569,601
Additions		210,832		12,889	793,948	6,179	1,023,848
Disposals		–606,223		–9,542	–24,015	–8,740	–648,519
Premiums written	3,148,745						3,148,745
Premiums earned	–3,161,557						–3,161,557
Claims – reporting year			4,625,215				4,625,215
Claim payments – reporting year			–3,398,580				–3,398,580
Change in claims – previous years			–8,778				–8,778
Claim payments – previous years			–1,044,898				–1,044,898
At 31/12/2014	610,611	16,378,992	2,433,604	49,743	1,141,282	42,296	20,656,528