14. Other assets

This item includes income tax receivables amounting to € 102,626 thousand (2021: € 84,900 thousand) as well as the deferrals from measurement differences relating to policyholder profit participation in the amount of to € 941,594 thousand (2021: € 0 thousand). The deferrals from measurement differences relating to policyholder profit participation are the result of a reclassification from the item Provision for deferred profit participation.

Profit participation
Policyholders have a reasonable right under statutory and contractual regulations to the company’s surplus profits generated in life and health insurance. The level of this profit participation is determined again each year.
View complete glossary