GROUPAMA / 2020 UNIVERSAL REGISTRATION DOCUMENT

7 FINANCIAL STATEMENTS Consolidated financial statements and notes

Insurance policy servicing expenses by business – International 36.2.2

31.12.2020

31.12.2019

Property and casualty insurance

Property and casualty insurance

Life and health insurance

Life and health insurance

Total

Total

(in millions of euros)

Claims Paid to policyholders

(1,013)

(581)

(1,595)

(1,145)

(602)

(1,746)

Change in technical reserves Outstanding claims reserves

34

(13)

21

(107)

10

(97)

Actuarial reserves

46

46

46

46

Unit-linked reserves

(1)

(1)

(91)

(91)

Profit sharing

(77)

(77)

(94)

(94)

Other technical reserves

(5)

(3)

(8)

(10)

10

(1)

TOTAL

(984)

(629)

(1,614)

(1,262)

(722)

(1,984)

Outward reinsurance income (expenses) Note 37

Outward reinsurance income (expenses) – by operating segment 37.1

31.12.2020

France

International

Property and casualty insurance

Life and health insurance

Life and health insurance

Property and casualty insurance

Total

Total

Total

(in millions of euros)

Acquisition and administrative costs

52

17

69

8

8

77

461

65

526

25

2

26

552

Claims charges

Change in technical reserves

(6)

10

4

4

Profit sharing

(1)

(1)

(1)

Change in the equalisation reserve Income from outward reinsurance

507

91

598

32

2

34

632

Outward premiums

(471)

(118)

(589)

(53)

(3)

(56)

(645)

Change in unearned premiums Expenses on outward reinsurance

(470)

(118)

(589)

(52)

(3)

(56)

(644)

TOTAL

37

(27)

9

(20)

(1)

(21)

(12)

230

Universal Registration Document 2020 - GROUPAMA ASSURANCES MUTUELLES