Annual report 2010 - Dexia.com

Notes to the consolidated financial statementsA.2. Assets and liabilitiesManagement reportConsolidatedfinancial statementsAdditional information Annual financial statementsGross reservesShare of reinsurersInsurance contractsInsurance contracts31/12/09 31/12/10Investmentcontracts with DPF31/12/09 31/12/10Investmentcontracts with DPFTotal Insurance contracts Investmentcontracts with DPFIndividual Group Individual Group Individual Group Individual GroupLife insurance reserve local GAAP 2,710 871 12,656 280 16,517 2,499 1,028 10,862 191 14,580Figures of Dexia Epargne Pensiontransferred to Liabilities held for sale (249) 0 (3,672) (149) (4,070) 0 0 0 0 0Reserves due to shadow accountingadjustments 0 5 0 0 5 0 5 0 0 5Total life insurance reserve 2,461 876 8,983 131 12,451 2,499 1,033 10,862 191 14,584Claims reserves 39 6 26 0 71 43 6 31 0 80Gross unearned premium reserves (UPR) 5 0 0 0 5 6 0 0 0 6Other technical reserves 5 8 74 1 88 6 11 109 1 127Total gross reserves 2,511 891 9,083 132 12,617 2,553 1,050 11,002 192 14,797Total Insurance contracts Investmentcontracts with DPFIndividual Group Individual Group Individual Group Individual GroupShare of reinsurers in life insurancereserve as at 31 Dec. 8 3 31 0 42 6 3 0 0 9Share of Dexia Epargne Pensiontransferred to Assets held for sale (1) 0 (31) 0 (32) 0 0 0 0 0Share of reinsurers in claims reserves 1 0 0 0 1 2 0 0 0 2Total share of reinsurers 8 3 0 0 11 9 3 0 0 12Discretionary participation feature included in equity31/12/09 31/12/10Contracts with DPFContracts with DPFIndividual Group Total Individual Group TotalNet discretionary participation feature included in equity 1 0 1 0 0 0Insurance or investment contracts with DPF that have embedded derivatives that need to be separated and fair valued through profit and lossare limited to two products. Their amounts are not significant.TotalTotal180 Dexia Annual report 2010