Groupama // Universal Registration Document 2022

7

FINANCIAL STATEMENTS Combined financial statements and notes

Note 12 Share of outward reinsurers and retrocessionaires in liabilities related to insurance policies and financial contracts

31.12.2022

31.12.2021

France International

Total

France International

Total

(in millions of euros)

Share of reinsurers in non ‑ life insurance reserves Reserves for unearned premiums

9

64

73

9

47

57

Outstanding claims reserves

1,549

107

1,656

922

79

1,001

Other underwriting reserves

325

325

357

357

Total

1,882

171

2,054

1,288

127

1,415

Share of reinsurers in life insurance reserves Life insurance reserves

34

1

35

34

1

35

Outstanding claims reserves

22

23

22

23

Reserves for profit ‑ sharing Other underwriting reserves Total

23

23

22

22

80

1

81

78

1

79

Share of reinsurers in financial contract reserves TOTAL

1,962

173

2,135

1,366

128

1,494

12.1 Change in the share of outward reinsurers and retrocessionaires in claims reserves for non ‑ life claims split by operating segment

31.12.2022

31.12.2021

France International

Total

France International

Total

(in millions of euros)

Share of reinsurers in opening reserves for claims Portfolio transfers, changes in scope of consolidation, and other movements

922

79

1,001

895

69

964

(13)

(13)

1

1

Share of reinsurers in total claims expense

833

142

975

197

50

246

Share of reinsurers in total payments

(207)

(100)

(307)

(169)

(32)

(201)

Foreign exchange variation

(8)

(8)

SHARE OF REINSURERS IN CLOSING RESERVES FOR CLAIMS

1,549

107

1,656

922

79

1,001

231

Universal Registration Document 2022 - GROUPAMA ASSURANCES MUTUELLES