21. Provision 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

Claims payments

2003

2004

2005

2006

2007

2008

2009

2010

2011

2012

2013

Total

Figures in € thousand

 

 

 

 

 

 

 

 

 

 

 

 

Financial year

486,350

486,339

517,335

578,833

617,120

708,441

773,807

783,463

744,380

806,151

839,843

 

1 year later

744,024

752,582

802,439

880,122

955,425

1,075,631

1,169,683

1,168,414

1,121,377

1,202,540

 

 

2 years later

802,700

821,451

873,117

962,093

1,039,281

1,168,835

1,273,370

1,265,613

1,236,019

 

 

 

3 years later

829,483

852,069

902,266

1,000,724

1,082,443

1,214,945

1,335,351

1,315,773

 

 

 

 

4 years later

846,226

870,842

921,202

1,025,679

1,116,551

1,243,007

1,363,744

 

 

 

 

 

5 years later

858,678

883,217

937,803

1,039,389

1,135,449

1,264,760

 

 

 

 

 

 

6 years later

865,880

894,068

947,879

1,051,800

1,150,472

 

 

 

 

 

 

 

7 years later

871,887

899,612

959,008

1,062,050

 

 

 

 

 

 

 

 

8 years later

878,330

904,932

966,729

 

 

 

 

 

 

 

 

 

9 years later

883,290

911,651

 

 

 

 

 

 

 

 

 

 

10 years later

887,501

 

 

 

 

 

 

 

 

 

 

 

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

© UNIQA Group 2014