Groupama // 2021 Universal Registration Document

7 FINANCIAL STATEMENTS Combined financial statements and notes

Breakdown of underwriting reserves for insurance policies ‒ by main categories 26.3

31.12.2021

31.12.2020

Gross life insurance reserves

Gross life insurance reserves

Gross outstanding claims reserves

Gross outstanding claims reserves

Total

Total

(in millions of euros)

Single-premium policies Capitalisation

32

25

57

8

10

18

Individual insurance

13,234

111

13,345

13,021

121

13,142

Group policies

174

3

177

164

3

167

Other

5

2

7

Total reserves for single-premium policies

13,446

141

13,587

13,192

134

13,326

Periodic premium policies Capitalisation

93

6

99

86

2

88

Individual insurance

5,776

221

5,996

5,911

240

6,151

Group policies

7,622

397

8,019

7,725

383

8,109

Other

2,744

3

2,747

2,862

2

2,864

Total reserves for periodic premium policies

16,235

626

16,861

16,584

627

17,211

Inward reinsurance

2,800

45

2,845

2,728

41

2,769

TOTAL

32,481

812

33,293

32,504

803

33,307

31.12.2021

31.12.2020

Reserves for unearned premiums

Reserves for unearned premiums

Outstanding claims reserves

Outstanding claims reserves

Total

Total

(in millions of euros)

Non-life insurance Motor

833

5,189

6,022

761

5,089

5,849

Bodily injury

268

1,707

1,975

240

1,669

1,909

Property damage

487

3,004

3,491

495

2,675

3,170

General third party liability

50

509

559

51

501

552

Marine, aviation, transport

10

61

71

9

65

74

Other risks

202

2,013

2,215

212

2,042

2,254

Inward reinsurance

24

574

598

21

577

598

TOTAL NON-LIFE RESERVES

1,875

13,055

14,930

1,788

12,618

14,406

217 Universal Registration Document 2021 - GROUPAMA ASSURANCES MUTUELLES