GROUPAMA / 2019 Universal Registration Document

7 FINANCIAL STATEMENTS Consolidated financial statements and notes

Impact of the discount in actuarial reserves for non-life annuities 26.6 by operating segment Gross value ı

31.12.2019

31.12.2018

France International

Total

France International

Total

(in millions ofeuros)

Closingnon-lifeannuityactuarialreserves (net of recoveries) Closing non-life annuity actuarialreserves (net of recoveries)before change in discountrate Closing non-life annuity actuarialreserves (net of recoveries)excludingtechnical interest

2,195

20

2,216

2,303

21

2,324

2,322

20

2,343

2,342

21

2,363

2,464

20

2,484

2,469

21

2,490

Technical interest

(142)

(142)

(127)

(127)

Impact of change in discountrate

(127)

(127)

(39)

(39)

Proportion ceded ı

31.12.2019

31.12.2018

France International

Total

France International

Total

(in millions ofeuros)

Share of reinsurersin non-lifeannuityactuarial reservescarried forward(net of recoveries) Share of reinsurers in non-life annuity actuarialreserves carried forward (net of recoveries)before change in discountrate Share of reinsurers in non-life annuity actuarialreserves carried forward (net of recoveries)excludingtechnical interest

317

(1)

317

313

313

326

(1)

325

315

315

336

(1)

336

323

323

Technical interest

(11)

(11)

(8)

(8)

Impact of change in discountrate

(8)

(8)

(1)

(1)

209

Universal Registration Document 2019 - GROUPAMA ASSURANCES MUTUELLES