Investments
In the property and casualty business, investments (including cash and cash equivalents) were EUR 8,084.06 million (-6.1%) as of 31 December 2012. In life insurance, investments were EUR 21,081.94 million (+10.7%), and in the area of health insurance Vienna Insurance Group investments rose by 7.4% to EUR 1,069.05 million.
Underwriting provisions
Underwriting provisions rose 4.2% to EUR 4,998.93 million compared to 2011 in the property and casualty area. In life insurance, underwriting provisions were EUR 19,769.43 million as of 31 December 2012, 8.5% above the figure for the previous year. In health insurance, underwriting provisions rose by 6.8%, to EUR 1,047.11 million.
Due to the increase in premiums, underwriting provisions for unit-linked and index-linked life insurance increased by 17.2%, from EUR 5,329.38 million in 2011 to EUR 6,245.42.
The actuarial reserve and the provision for outstanding claims are broken down by lines of business and maturities as follows:
Composition actuarial reserve
| XLS Download |
|
|
31.12.2012 |
31.12.2011 |
|
in EUR million |
|
|
|
Property/Casualty insurance |
0.15 |
0.14 |
|
Life insurance |
18,052.64 |
17,434.23 |
|
for guaranteed policy benefits |
16,855.19 |
16,127.48 |
|
for allocated and committed profit shares |
1,197.44 |
1,306.75 |
|
Health insurance |
961.37 |
905.24 |
|
Total |
19,014.16 |
18,339.61 |
Maturity structure actuarial reserve
| XLS Download |
|
|
31.12.2012 |
31.12.2011 |
|
in EUR million |
|
|
|
up to one year |
2,043.12 |
1,738.69 |
|
more than one year up to five years |
5,830.62 |
6,182.49 |
|
more than five years up to ten years |
3,143.95 |
3,260.25 |
|
more than ten years |
7,996.47 |
7,158.18 |
|
Total |
19,014.16 |
18,339.61 |
Composition provision for outstanding claims
| XLS Download |
|
|
31.12.2012 |
31.12.2011 |
|
in EUR million |
|
|
|
Property/Casualty insurance |
3,760.57 |
3,652.37 |
|
Life insurance |
274.54 |
239.80 |
|
Health insurance |
47.32 |
46.25 |
|
Total |
4,082.42 |
3,938.42 |
Maturity structure provision for outstanding claims
| XLS Download |
|
|
31.12.2012 |
31.12.2011 |
|
in EUR million |
|
|
|
up to one year |
1,585.22 |
1,602.98 |
|
more than one year up to five years |
1,082.46 |
1,177.49 |
|
more than five years up to ten years |
416.62 |
345.98 |
|
more than ten years |
998.13 |
811.97 |
|
Total |
4,082.42 |
3,938.42 |
