Quarterly Report 3/2008 (PDF, 308 KB) - Munich Re

Selected notes to the consolidated financial statements
Expenses for claims and benefi ts
Reinsurance Primary insurance Total
Life and health Property-casualty Life and health Property-casualty
€m1 Q3 2008 Q3 2007 Q3 2008 Q3 2007 Q3 2008 Q3 2007 Q3 2008 Q3 2007 Q3 2008 Q3 2007
Gross
Claims and benefi ts paid
Change in technical provisions
Provision for future policy
1,099 985 2,136 2,078 2,423 2,371 809 773 6,467 6,207
benefi ts 72 90 –5 8 107 261 9 9 183 368
Provision for outstanding claims 22 105 286 165 54 –4 115 72 477 338
Provision for premium refunds – – 4 2 65 493 3 11 72 506
Other technical result
Gross expenses for claims
14 1 5 5 46 35 12 2 77 43
and benefi ts
Ceded share
1,207 1,181 2,426 2,258 2,695 3,156 948 867 7,276 7,462
Claims and benefi ts paid
Change in technical provisions
Provision for future policy
30 29 117 190 20 14 34 67 201 300
benefi ts –8 –7 – – 18 24 – – 10 17
Provision for outstanding claims 26 12 29 –99 –1 –3 66 –23 120 –113
Provision for premium refunds – – – – – – – – – –
Other technical result 3 –7 –2 –2 –18 –16 – 1 –17 –24
Expenses for claims and benefi ts
Ceded share
Net
51 27 144 89 19 19 100 45 314 180
Claims and benefi ts paid
Change in technical provisions
Provision for future policy
1,069 956 2,019 1,888 2,403 2,357 775 706 6,266 5,907
benefi ts 80 97 –5 8 89 237 9 9 173 351
Provision for outstanding claims –4 93 257 264 55 –1 49 95 357 451
Provision for premium refunds – – 4 2 65 493 3 11 72 506
Other technical result
Net expenses for claims
11 8 7 7 64 51 12 1 94 67
and benefi ts 1,156 1,154 2,282 2,169 2,676 3,137 848 822 6,962 7,282
1 After elimination of intra-Group transactions across segments.
Munich Re Group Quarterly Report 3/2008
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