kontinuita - Komunálna Poisťovňa
kontinuita - Komunálna Poisťovňa
kontinuita - Komunálna Poisťovňa
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NOTES TO<br />
THE FINANCIAL<br />
STATEMENTS<br />
14.2 Movements in liabilities from insurance contracts and reinsurance assets<br />
(i) Long-term insurance contracts with fixed and guaranteed terms<br />
Year ended 31 December 2008 2007<br />
Gross Reinsurance Net Gross Reinsurance Net<br />
At the beginning of the year 2,357,400 26,798 2,330,602 2,009,562 27,992 1,981,570<br />
Premium received 602,736 – 602,736 571,537 – 571,537<br />
Release of a provision due to payments<br />
in case of death, surrender, or other -211,565 -14,955 -196,610 -173,113 -10,901 -162,212<br />
contract termination during the year<br />
Interest credited 139,927 – 139,927 112,309 – 112,309<br />
Other movements -266,217 9,279 -275,496 -162,895 9,707 -172,602<br />
Total at the end of the year 2,622,281 21,122 2,601,159 2,357,400 26,798 2,330,602<br />
ii) Investment contracts with a DPF<br />
Year ended 31 December 2008 2007<br />
Gross Reinsurance Net Gross Reinsurance Net<br />
At the beginning of the year 730,097 115 729,982 602,236 40 602,196<br />
Premium received 1,561,354 – 1,561,354 1,365,105 – 1,365,105<br />
Fees deducted from client accounts -5,001 – -5,001 -4,897 – -4,897<br />
Release of a provision due to payments<br />
in case of death, surrender, or other -1,541,577 -77 -1,541,500 -1,249,235 -40 -1,249,195<br />
contract termination during the year<br />
Interest credited 18,605 – 18,605 16,888 – 16,888<br />
Other movements – 49 -49 - 115 -115<br />
Total at the end of the year 763,478 87 763,391 730,097 115 730,097<br />
iii) Unit linked<br />
Year ended 31 December 2008 2007<br />
Gross Reinsurance Net Gross Reinsurance Net<br />
At beginning of year 308,316 646 307,670 91,836 71 91,765<br />
Premiums received 500,942 – 500,942 475,181 – 475,181<br />
Fees deducted from client accounts -31,538 – -31,538 -19,097 – -19,097<br />
Release of a provision due to payments<br />
in case of death, surrender, or other -260,417 -307 -260,110 -187,814 -40 -187,774<br />
contract termination during the year<br />
Interest credited -141,928 – -141,928 37 – 37<br />
Other movements -157,247 -58 -157,189 -51,827 615 -52,442<br />
Total at the end of the year 218,128 281 217,847 308,316 646 307,670<br />
KONTINUITA ANNUAL REPORT 157
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