GROUPAMA / 2019 Universal Registration Document

7 FINANCIAL STATEMENTS Consolidated financial statements and notes

Insurance policy servicing expenses by business – International 37.2.2

31.12.2019

31.12.2018

Property and casualty insurance

Property and casualty insurance

Life and health insurance

Life and health insurance

Total

Total

(in millions ofeuros)

Claims Paid to policyholders

(1,145)

(602)

(1,746)

(1,136)

(614)

(1,751)

Changein technicalreserves Outstandingclaims reserves

(107)

10

(97)

22

(22)

0

Actuarialreserves

46

46

24

24

Unit-linkedreserves

(91)

(91)

33

33

Profit-sharing

(94)

(94)

(52)

(52)

Other underwritingreserves

(10)

10

(1)

(3)

(3)

(6)

TOTAL

(1,262)

(722)

(1,984)

(1,117)

(636)

(1,753)

Outward reinsurance income (expenses) Note 38

Outward reinsurance income (expenses) – by operating segment 38.1

31.12.2019

France

International

Property and casualty insurance

Life and health insurance

Property and casualty insurance

Life and health insurance

Total

Total

Total

(in millions ofeuros)

Acquisitionand administrativecosts

42

18

60

6

7

66

Claims charges

279

64

343

41

3

44

387

Change in technicalreserves

(15)

9

(5)

(6)

Profit sharing

9

9

9

Change in the equalisationreserve Incomefromoutwardreinsurance

306

100

406

48

2

51

457

Outwardpremiums

(439)

(116)

(556)

(56)

(3)

(59)

(614)

Change in unearnedpremiums

(2)

2

0

6

6

6

Expenseson outwardreinsurance

(441)

(115)

(555)

(50)

(3)

(53)

(608)

TOTAL

(135)

(14)

(149)

(1)

(1)

(2)

(151)

223

Universal Registration Document 2019 - GROUPAMA ASSURANCES MUTUELLES