26. Liabilities and other items classified as liabilities

In € thousand	31/12/2017	31/12/2016
Reinsurance liabilities
Deposits retained on assumed reinsurance	428,793	459,839
Reinsurance settlement liabilities	52,395	28,139
	481,188	487,978
Insurance liabilities
to policyholders	129,505	124,367
to insurance brokers	45,701	45,347
to insurance companies	12,541	5,802
	187,746	175,517

Liabilities to credit institutions	3,807	4,001

Other liabilities
Personnel-related obligations	81,708	82,467
Liabilities from services	35,366	34,237
Liabilities from investment contracts	60,470	59,924
Liabilities from investment transactions	25,738	41,809
Liabilities towards fund owners outside the Group	75,587	1,002
Obligation for interest payment	24,696	25,347
Other tax liabilities (without income tax)	56,527	75,071
Other liabilities	77,850	31,805
	437,942	351,662

Subtotal	1,110,684	1,019,157
of which liabilities with a maturity of
up to 1 year	741,300	621,256
more than 1 year up to 5 years	18,768	18,595
more than 5 years	350,616	379,306
	1,110,684	1,019,157

Other debt	16,652	23,087
Total liabilities and other items classified as liabilities	1,127,336	1,042,244

Other liabilities basically comprise the balance of the deferred income from the settlement of indirect business.