Groupama // 2021 Universal Registration Document

7 FINANCIAL STATEMENTS Combined financial statements and notes

Outward reinsurance income (expenses) Note 37

Outward reinsurance income (expenses) ‒ by operating segment 37.1

31.12.2021

France

International

Total

Property and casualty insurance

Property and casualty insurance

Life and health insurance

Life and health insurance

Total

Total

(in millions of euros)

Acquisition and administrative costs

21

28

49

9

9

59

Claims charges

126

74 199

23

23

222

Change in underwriting reserves

2

4

6

(1)

6

Profit sharing

6

7

6

Change in the equalisation reserve Income from outward reinsurance

148

113 261

32

(1)

32

293

Outward premiums

(354)

(128)

(483)

(80)

(3)

(83)

(565)

Change in unearned premiums

(2)

1

(1)

18

18

18

Expenses on outward reinsurance

(356)

(127)

(483)

(62)

(3)

(65)

(548)

TOTAL

(207)

(14)

(222)

(30)

(3)

(33)

(255)

31.12.2020

France

International

Total

Property and casualty insurance

Property and casualty insurance

Life and health insurance

Life and health insurance

Total

Total

(in millions of euros)

Acquisition and administrative costs

30

17

48

8

8

56

Claims charges

340

65 405

25

2

26

431

Change in underwriting reserves

(6)

10

4

4

Profit sharing

(1)

(1)

(1)

Change in the equalisation reserve Income from outward reinsurance

364

91 455

32

2

34

490

Outward premiums

(339)

(118)

(457)

(53)

(3)

(56)

(513)

Change in unearned premiums Expenses on outward reinsurance

(339)

(118)

(458)

(52)

(3)

(56)

(513)

TOTAL

25

(27)

(2)

(20)

(1)

(21)

(24)

232

Universal Registration Document 2021 - GROUPAMA ASSURANCES MUTUELLES