Investments
In property and casualty insurance, investments (including cash and cash equivalents) of EUR 7,413.27 million (-8.3%) were held as of 31 December 2013. Investments in the life insurance area (excluding unit-linked and index-linked life insurance investments) were EUR 21,281.33 million (+0.9%), and Vienna Insurance Group investments rose by 13.3% in the area of health insurance to EUR 1,210.96 million.
Underwriting provisions
Underwriting provisions in the property and casualty area rose 0.8% compared to 2012 to EUR 5,040.31 million. In life insurance, underwriting provisions were EUR 19,838.77 million (excluding underwriting provisions for unit-linked and index-linked life insurance) as of 31 December 2013, 0.5% above the figure for the previous year. In health insurance, underwriting provisions rose by 5.2%, to EUR 1,101.39 million.
Underwriting provisions for unit-linked and index-linked life insurance increased by 3.9%, from EUR 6,245.42 million in 2012 to EUR 6,489.37 million.
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 |
|
|
31.12.2013 |
31.12.2012 |
|
in EUR million |
|
|
|
Property/Casualty insurance |
0.14 |
0.15 |
|
Life insurance |
18,307.22 |
18,052.64 |
|
for guaranteed policy benefits |
17,300.27 |
16,855.19 |
|
for allocated and committed profit shares |
1,006.95 |
1,197.44 |
|
Health insurance |
1,019.80 |
961.37 |
|
Total |
19,327.15 |
19,014.16 |
Maturity structure actuarial reserve
| XLS Download |
|
|
31.12.2013 |
31.12.2012 |
|
in EUR million |
|
|
|
up to one year |
2,542.48 |
2,043.12 |
|
more than one year up to five years |
5,550.96 |
5,830.62 |
|
more than five years up to ten years |
2,923.10 |
3,143.95 |
|
more than ten years |
8,310.62 |
7,996.47 |
|
Total |
19,327.15 |
19,014.16 |
Composition provision for outstanding claims
| XLS Download |
|
|
31.12.2013 |
31.12.2012 |
|
in EUR million |
|
|
|
Property/Casualty insurance |
3,894.77 |
3,760.57 |
|
Life insurance |
310.25 |
274.54 |
|
Health insurance |
47.84 |
47.32 |
|
Total |
4,252.87 |
4,082.42 |
Maturity structure provision for outstanding claims
| XLS Download |
|
|
31.12.2013 |
31.12.2012 |
|
in EUR million |
|
|
|
up to one year |
1,749.70 |
1,585.22 |
|
more than one year up to five years |
1,188.44 |
1,082.46 |
|
more than five years up to ten years |
389.22 |
416.62 |
|
more than ten years |
925.52 |
998.13 |
|
Total |
4,252.87 |
4,082.42 |