talanx group annual report 2011 en

Nature of risks Notes on the balance
Notes on the balance
sheet – assets
sheet – liabilities
2010 1)
Industrial
Lines
Retail
Germany 2)
Notes on the consolidated
statement of income
Retail
International 2)
Other information List of shareholdings
Non-Life
Reinsurance
Life/Health
Reinsurance Total
Figures in EUR million
Gross
Claims and claims expenses paid
Change in loss and loss
1,974 3,721 1,128 3,380 3,157 13,360
adjustment expense reserve 73 –2 159 772 174 1,176
Change in benefit reserve — 1,464 134 — 744 2,342
Expenses for premium refunds 4 824 12 — — 840
Total 2,051 6,007 1,433 4,152 4,075 17,718
Reinsurers’ share
Claims and claims expenses paid
Change in loss and loss
799 119 43 468 274 1,703
adjustment expense reserve –57 68 17 –7 –4 17
Change in benefit reserve — –58 –9 — 41 –26
Expenses for premium refunds 1 — 3 — — 4
Total 743 129 54 461 311 1,698
Net
Claims and claims expenses paid
Change in loss and loss
1,175 3,602 1,085 2,912 2,883 11,657
adjustment expense reserve 130 –70 142 779 178 1,159
Change in benefit reserve — 1,522 143 — 703 2,368
Expenses for premium refunds 3 824 9 — — 836
Total 1,308 5,878 1,379 3,691 3,764 16,020
1) Presentation after elimination of intra-Group relations
2) Adjusted on the basis of IAS 8
Talanx Group. Annual Report 2011
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