GROUPAMA / 2018 Registration document

FINANCIAL STATEMENTS CONSOLIDATED FINANCIAL STATEMENTS AND NOTES

TECHNICAL LIABILITIES RELATED TO FINANCIAL CONTRACTS NOTE 26

31.12.2018

31.12.2017

(in millions of euros)

Reserves on financial contracts with discretionary profit sharing Life technicalreserves

12,209

12,956

Reserves on unit-linked policies

59

73

Outstanding claimsreserves

104

107

Reserves forprofit sharing

223

553

Other technical reserves

1

Total

12,596

13,689

Reserves on financial contracts without discretionary profit sharing Life technicalreserve Reserves on unit-linked policies

148

163

Outstanding claimsreserves Reserves forprofit sharing Other technical reserves Total

1

1

148

165

TOTAL

12,744

13,854

Liabilities related to financial contracts (excluding unit-linked items)

Note 26.1

– by operating segment

7

31.12.2018

31.12.2017

France International

Total

France International

Total

(in millions of euros)

Life financialcontract reserves

10,340

1,870

12,209

11,141

1,814

12,956

Outstanding claimsreserves

91

14

105

94

14

108

Profit-sharing reserves

223

223

553

553

Other technical reserves

1

1

TOTAL

10,654

1,884

12,538

11,790

1,828

13,618

A more detailed approachwas taken in the allocationsof policies. A transfer of the profit-sharingreserve took place between the technical liabilities relating to insurancepolicies to the technicalliabilities relating to financialcontracts.

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REGISTRATION DOCUMENT 2018 - GROUPAMA ASSURANCES MUTUELLES