Reinsurers’ share in technical provisions – non-life insurance | 31 December 2013 | 31 December 2012 |
Provision for unearned premium |
209 940 |
190 865 |
Provision for unexpired risks |
16 |
5 |
Provisions for claims outstanding, including: |
170 375 |
304 051 |
- for claims reported |
121 826 |
234 276 |
- for claims incurred but not reported (IBNR) |
29 989 |
55 337 |
- for claims handling costs |
18 560 |
14 438 |
Provision for capitalized value of annuity claims |
146 180 |
254 413 |
Provision for bonuses and rebates |
8 |
- |
Total reinsurers’ share in non-life technical provisions |
526 519 |
749 334 |
Reinsurers’ share in technical provisions – life insurance | 31 December 2013 | 31 December 2012 |
Provision for unearned premium |
86 |
- |
Total reinsurers’ share in life technical provisions |
86 |
- |
Reinsurers’ share in technical provisions by currencies | 31 December 2013 | 31 December 2012 |
PLN |
477 692 |
575 103 |
USD |
86 |
- |
EUR |
19 912 |
156 392 |
UAH |
28 915 |
17 839 |
Total reinsurers’ share in technical provisions by currencies |
526 605 |
749 334 |
Reinsurers’ share in technical provisions – non-life insurance | 31 December 2013 | 31 December 2012 |
Short-term |
131 494 |
170 542 |
Long-term |
395 025 |
578 792 |
Total reinsurers’ share in non-life technical provisions |
526 519 |
749 334 |
The total share of reinsurers in life insurance is classified as a short-term share.