Groupama // Universal Registration Document 2022

7

FINANCIAL STATEMENTS Combined financial statements and notes

Note 38 Outward reinsurance income (expenses)

38.1 Outward reinsurance income (expenses) – by operating segment

31.12.2022

France

International

Total

Property and casualty insurance

Life and health insurance

Property and casualty insurance

Life and health insurance

Total

Total

(in millions of euros)

Acquisition and administrative costs

27

20

48

15

15

63

Claims charges

776

61

837

88

3

92

929

Change in other underwriting reserves

(27)

(2)

(30)

(30)

Profit sharing

(1)

0

0

Change in the equalisation reserve Income from outward reinsurance

776

78

855

103

4

107

962

Outward premiums

(432)

(88)

(521)

(147)

(7)

(154)

(675)

Change in unearned premiums

(2)

1

(1)

23

2

25

24

Expenses on outward reinsurance

(434)

(87)

(521)

(124)

(5)

(129)

(651)

TOTAL

342

(9)

333

(21)

(1)

(22)

311

31.12.2021

France

International

Total

Property and casualty insurance

Life and health insurance

Property and casualty 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 other 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)

266

Universal Registration Document 2022 - GROUPAMA ASSURANCES MUTUELLES