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.