GROUPAMA / 2019 Universal Registration Document

7 FINANCIAL STATEMENTS Consolidated financial statements and notes

31.12.2018

AAA

AA

A

BBB

Total

(in millions ofeuros)

Share of reinsurers in non-life insurancereserves

908

75

6 434 1,423

Share of reinsurers in life insurancereserves

12

17

36

65

Share of reinsurers in reservesfor financialcontractswith discretionary profit sharing Share of reinsurers in reservesfor financialcontractswithout discretionary profit sharing Receivablesfrom outwardreinsuranceoperations

42

5

123 171

TOTAL

962

97

6 593 1,658

The total share of unrated reinsurers corresponds primarily to outward reinsurance to professional reinsurance pools, especially Assurpol, Assuratome, Gareat, and Réunion Aérienne, which are not subjectto any rating. A share of €353 million (€337 million for fiscal year 2018) is also represented by the Groupama Assurances Mutuelles retrocession

to the regional mutuals under the internal reinsurance agreement. The breakdownis as follows: €346 million in share of reinsurers in non-life insurance r serves; ● €6 million in receivables fromoutward reinsuranceoperations. ●

Current tax receivables and other tax receivables Note 19

19.1

Current tax receivables and other tax receivables – by maturity

31.12.2019

31.12.2018

<1 year 1 to 5 years >5 years

Total

<1 year 1 to 5 years >5 years

Total

(in millions ofeuros)

Tax claims

37

37

104

104

Other receivablesfrom state and local authorities

202

202

185

185

TOTAL

239

239

289

289

Current tax receivables and other tax receivables – by operating segment 19.2

31.12.2019

31.12.2018

France International

Total

France International

Total

(in millions ofeuros)

Tax claims

10

27

37

80

24

104

Other receivablesfrom state and local authorities

77

124

202

95

90

185

TOTAL

88

151

239

175

115

289

196

Universal Registration Document 2019 - GROUPAMA ASSURANCES MUTUELLES

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