GROUPAMA / 2018 Registration document
FINANCIAL STATEMENTS CONSOLIDATED FINANCIAL STATEMENTS AND NOTES
DEFERRED PROFIT SHARING LIABILITIES NOTE 28
31.12.2018
31.12.2017
France International
Total
France International
Total
(in millions of euros)
Reserve fordeferredprofit sharing of insurance policies Reserve fordeferredprofit sharing of financialcontracts
3,746
10
3,757
4,891
17
4,909
47
47
106
106
TOTAL
3,746
57
3,804
4,891
123
5,014
The rate of deferred profit sharing is determined entity by entity (based on regulatory requirements). It is based on the real rate of sharing of investment income between policyholders and shareholders and corresponds to the average real rates over the past three years. This average prevents the inclusion of non-recurring, atypical factors in the calculation.
In the particular case of France, a prospective analysis of the profit-sharing rates was performed based on three-year business plans, which confirmsthe rate used in the financial statements. The rates used in France as at 31 December 2018 fall within a bracket of between 74.52% and 88.03%, with 83.50% for Groupama Gan Vie.
DEBTS ARISING FROM INSURANCE OR INWARD REINSURANCE NOTE 29 TRANSACTIONS
31.12.2018
31.12.2017
7
< 1 year 1 to 5 years > 5 years
Total
< 1 year 1 to 5 years > 5 years
Total
(in millions of euros)
Policyholders, intermediaries, andotherthirdparties
627
2
629
577
3
580
Co-insurers
91
91
42
55
97
Currentaccounts – ceding and retroceding companies
113
113
55
3
58
TOTAL
830
2
832
675
61
736
DEBTS ARISING FROM OUTWARD REINSURANCE TRANSACTIONS NOTE 30
31.12.2018
31.12.2017
< 1 year 1 to 5 years > 5 years
Total
< 1 year 1 to 5 years > 5 years
Total
(in millions of euros)
Outwardreinsurerandretrocessionaire currentaccounts (1) Other liabilities from reinsurance activities
270
12
282
317
5 3
322 105
90
1
91
103
TOTAL
361
13
374
419
8
427
Including cash deposits received from reinsurers. (1)
257
REGISTRATION DOCUMENT 2018 - GROUPAMA ASSURANCES MUTUELLES
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