Groupama // 2021 Universal Registration Document

7 FINANCIAL STATEMENTS Combined financial statements and notes

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

31.12.2021

31.12.2020

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 underwriting interest

2,669

18

2,688

2,633

18

2,651

2,669

18

2,688

2,633

18

2,650

2,998

18

3,017

2,956

18

2,974

Underwriting interest

(329)

(329)

(323)

(323)

Impact of change in discount rate

Proportion ceded ı

31.12.2021

31.12.2020

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 underwriting interest

284

284

283

283

284

284

283

283

305

305

304

304

Underwriting interest

(21)

(21)

(21)

(21)

Impact of change in discount rate

219

Universal Registration Document 2021 - GROUPAMA ASSURANCES MUTUELLES