talanx group annual report 2011 en

222
Financial statements Notes
General information
Talanx Group. Annual Report 2011
Accounting principles
and policies
Segment reporting Consolidation,
business combinations
Non-current assets held for
sale and disposal groups
Contractual maturity of
Fair value Amortised cost
fixed-income securities
Figures in EUR million
31.12.2011 31.12.2010 31.12.2011 31.12.2010
Due in one year 2,760 3,516 2,755 3,498
Due after one through two years 3,107 3,512 3,078 3,468
Due after two through three years 3,569 3,489 3,525 3,396
Due after three through four years 3,712 3,725 3,685 3,644
Due after four through five years 3,187 3,726 3,145 3,708
Due after five through ten years 9,497 6,987 9,437 7,000
Due after ten years 5,177 3,375 4,923 3,309
Total 31,009 28,330 30,548 28,023
Fair value
Rating structure of fixed-income securities 31.12.2011 31.12.2010
Figures in EUR million
AAA 10,932 13,186
AA 5,944 4,514
A 8,379 6,924
BBB or lower 5,353 3,451
Unrated 401 255
Total 31,009 28,330
The rating categories are based on the classifications of leading international rating agencies.