UNIVERSAL REGISTRATION DOCUMENT 2023

7 FINANCIAL STATEMENTS Combined financial statements and notes

Note 27 Insurance service expenses

31.12.2023

France

International

Total

Property and casualty insurance

Property and casualty insurance

Health and individual protection

Savings and pensions

Health and individual protection

Savings and pensions

(in millions of euros)

Total

Total

Amortisation of the onerous component Amortisation of acquisition cash flows

7

7

0

1

1

8

(21)

(58)

(78)

(12)

(18)

(30)

(108)

Deposit component

0

Contracts recognised for the first time Losses and write ‑ backs of losses on onerous contracts Claims and other insurance expenses incurred Change in estimates that adjust the CSM Investment management expenses INSURANCE SERVICE EXPENSES ON CONTRACTS NOT VALUED IN PAA

(0)

(0)

(0)

0

(0)

0

(0)

(12)

(12)

0

17

18

5

(193)

(852)

(1,045)

(30)

(44)

(73)

(1,118)

0

(0) 48

0

(0)

(0) (4)

(0) (4)

0

(2)

47

43

0

(221)

(861)

(1,082) (1,408)

0

(41)

(47)

(88)

(1,170) (1,825)

Amortisation of acquisition cash flows

(972)

(436)

(319)

(97)

0

(416)

Deposit component

0

Losses and write ‑ backs of losses on onerous contracts Claims and other insurance expenses incurred INSURANCE SERVICE EXPENSES ON CONTRACTS VALUED IN PAA

33

9

42

(3)

(3)

(5)

37

(5,434)

(3,890)

(9,325)

(1,318)

(164)

0 (1,482)

(10,806)

(6,373) (6,373)

(4,318) (4,538)

0 (10,691)

(1,640) (1,640)

(264) (305)

0 (1,903)

(12,594) (13,764)

INSURANCE SERVICE EXPENSES

(861)

(11,772)

(47)

(1,991)

31.12.2022

France

International

Total

Property and casualty insurance

Health and individual protection

Property and casualty insurance

Health and individual protection

Savings and pensions

Savings and pensions

(in millions of euros)

Total

Total

Amortisation of the onerous component Amortisation of acquisition cash flows

10

10

0 1

1 0

2 1 0 0

12

(41)

(55)

(96)

(95)

Deposit component

0 0

0 0

Contracts recognised for the first time Losses and write ‑ backs of losses on onerous contracts Claims and other insurance expenses incurred Change in estimates that adjust the CSM Investment management expenses INSURANCE SERVICE EXPENSES ON CONTRACTS NOT VALUED IN PAA

12

(12)

0

0

(8)

(8)

(1)

(28) (24)

(29) (54)

(37)

(1)

(142)

(789)

(932)

(30)

(987)

0

(12)

12

(0)

(2)

2

(0)

(0)

4

4

0

4

(1)

(181)

(840)

(1,022) (1,324)

0

(32)

(49)

(81)

(1,103) (1,679)

Amortisation of acquisition cash flows

(901)

(423)

(303)

(52)

(355)

Deposit component

0

0

0

Losses and write ‑ backs of losses on onerous contracts Claims and other insurance expenses incurred INSURANCE SERVICE EXPENSES ON CONTRACTS VALUED IN PAA

69

26

95

15

7

22

117

(5,888)

(3,619)

(9,507)

(1,231)

(145)

0 (1,376)

(10,884)

(6,720) (6,721)

(4,017) (4,198)

0 (10,736)

(1,519) (1,519)

(190) (222)

0 (1,710)

(12,446) (13,549)

INSURANCE SERVICE EXPENSES

(840)

(11,759)

(49)

(1,790)

The figures presented for 31 December 2022 are pro forma .

282

Universal Registration Document 2023 GROUPAMA ASSURANCES MUTUELLES