Insurance provisions

Insurance provisions – non-life segment
(€ million) 31.12.2011 30.09.2011 31.12.2010
Insurance provisions - non-life segment 30,603.7 30,760.9 30,235.8
Provisions for unearned premiums 5,661.0 5,617.3 5,450.4
Provisions for outstanding claims 24,560.3 24,760.1 24,413.7
Other insurance provisions 382.4 383.5 371.7
Reservation ratio - non-life segment 146.2% n.a. 148.8%
Non-life insurance provisions
 Direct insuranceAccepted insuranceTotal
(€ million) 
31.12.2011 31.12.2010 31.12.2011 31.12.2010 31.12.2011 31.12.2010
Non-life insurance provisions (*) 33,189.3 32,928.8 1,460.0 1,541.7 34,649.3 34,470.6
Provisions for unearned premiums 6,153.5 5,906.8 137.1 146.7 6,290.6 6,053.4
Provisions for outstanding claims 26,649.7 26,649.6 1,318.9 1,390.5 27,968.6 28,040.1
Other insurance provisions 386.1 372.4 4.0 4.6 390.0 377.0
of which provisions for liability adequacy test 7.2 4.9 0.0 0.0 7.2 4.9

(*) After the elimination of intra-group transactions between segments.

 

Non-life amounts ceded to reinsurers from insurance provisions
 
Direct insurance Accepted reinsurance Total book value
(€ million) 31.12.2011 31.12.2010 31.12.2011 31.12.2010 31.12.2011 31.12.2010
Non-life amounts ceded to reinsurers from insurance provisions (*) 3,030.8 3,288.5 1,015.0 946.2 4,045.8 4,234.7
Provisions for unearned premiums 516.4 509.2 113.3 93.8 629.7 603.0
Provisions for outstanding claims 2,510.5 2,774.4 897.8 852.0 3,408.3 3,626.4
Other insurance provisions 3.9 5.0 3.8 0.4 7.8 5.3

(*) After the elimination of intra-group transactions between segments.

 

 

Provisions for outstanding claims
 
Gross direct insurance
(€ million) 31.12.2011 31.12.2010
Motor 11,590.4 11,622.7
Non motor 15,059.3 15,027.7
Personal and commercial lines 12,305.0 12,339.9
Accident/Health (*)  2,754.3 2,687.8
Total 26,649.7 26,649.6

(*) Life segment includes health insurance with life features