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Munich Re Group Notes on the accounts
(16) Claims incurred Reinsurers, Life insurers Total Total
for own account non-life insurers
1995 Pr. year 1995 Pr. year 1995 Pr. year
TDM TDM TDM TDM TDM TDM
Claims paid
– Gross amount 12,087,378 13,191,126 4,971,469 4,462,080 17,058,847 17,653,206
– Ceded amount 1,410,650 2,116,507 217,443 201,971 1,628,093 2,318,478
– Net amount 10,676,728 11,074,619 4,754,026 4,260,109 15,430,754 15,334,728
Change in provision
– Gross amount 1,727,437 1,506,203 –4,475 39,394 1,722,962 1,545,597
– Ceded amount 28,803 277,963 2,671 2,573 31,474 280,536
– Net amount 1,756,240 1,784,166 –1,804 41,967 1,754,436 1,826,133
Total 12,432,968 12,858,785 4,752,222 4,302,076 17,185,190 17,160,861
(17) Change in other Reinsurers, Life insurers Total Total
underwriting provisions non-life insurers
for own account 1995 Pr. year 1995 Pr. year 1995 Pr. year
TDM TDM TDM TDM TDM TDM
Premium funds
– Gross amount – – –4,021,196 –4,290,106 – –
– Ceded amount – – 89,626 369,011 – –
– Net amount –1,675,469 –1,426,406 –3,931,570 –3,921,095 –5,607,039 –5,347,501
Other underwritting provisions
for own account –161,551 –89,205 –191 –186 –161,742 –89,391
Total –1,837,020 –1,515,611 –3,931,761 –3,921,281 –5,768,781 –5,436,892
(18) Operating expenses 1995 Previous year
for own account TDM TDM
Reinsurers and non-life insurers:
– Operating expenses 6,042,938 6,180,060
– Less commission received on
ceded business 611,374 636,756
Total 5,431,564 5,543,304
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