GROUPAMA / 2020 UNIVERSAL REGISTRATION DOCUMENT

7 FINANCIAL STATEMENTS Consolidated financial statements and notes

Impact of the discount in actuarial reserves for non-life annuities 25.6 by operating segment Gross value ı

31.12.2020

31.12.2019

France International

Total

France International

Total

(in millions of euros)

Closing non-life annuity actuarial reserves (net of recoveries) Closing non-life annuity actuarial reserves (net of recoveries) before change in discount rate Closing non-life annuity actuarial reserves (net of recoveries) excluding technical interest

2,356

18

2,373

2,195

20

2,216

2,355

18

2,373

2,322

20

2,343

2,648

18

2,666

2,464

20

2,484

Technical interest

(293)

(293)

(142)

(142)

Impact of change in discount rate

(127)

(127)

Proportion ceded ı

31.12.2020

31.12.2019

France International

Total

France International

Total

(in millions of euros)

Share of reinsurers in non-life annuity actuarial reserves carried forward (net of recoveries) Share of reinsurers in non-life annuity actuarial reserves carried forward (net of recoveries) before change in discount rate Share of reinsurers in non-life annuity actuarial reserves carried forward (net of recoveries) excluding technical interest

283

283

317

(1)

317

283

283

326

(1)

325

304

304

336

(1)

336

Technical interest

(21)

(21)

(11)

(11)

Impact of change in discount rate

(8)

(8)

216

Universal Registration Document 2020 - GROUPAMA ASSURANCES MUTUELLES