Erste Bank JPMorgan Merrill Lynch International

7. INVESTMENTS OF UNIT- AND INDEX-LINKED LIFE INSURANCE
Detail
EUR ’000
Unit-linked
31.12.2007
Index-linked
31.12.2007
Total
31.12.2007
Total
31.12.2006
Investment funds . . . . . . . . . . . . . . . . . . . . . . . . . 2,484,334 16,333 2,500,667 1,992,873
Structured bonds . . . . . . . . . . . . . . . . . . . . . . . . . 0 429,420 429,420 278,785
Structured loans . . . . . . . . . . . . . . . . . . . . . . . . . 0 23,668 23,668 12,372
Equities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0 23,343 23,343 14,781
Derivates (guarantee claim) . . . . . . . . . . . . . . . . . 6,561 0 6,561 5,235
Bank deposits . . . . . . . . . . . . . . . . . . . . . . . . . . . 77,560 4,766 82,326 36,532
Total .................................. 2,568,455 497,530 3,065,985 2,340,578
The balance sheet value corresponds to the fair value.
Maturities
in EUR ’000
31.12.2007 31.12.2006
no maturity . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2,508,820 2,020,349
up to one year . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 67,579 12,790
from one to five years . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 35,655 8,746
from five to ten years. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 288,213 217,603
more than ten years . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 165,718 81,090
Total ....................................................... 3,065,985 2,340,578
8. REINSURERS’ SHARE IN UNDERWRITING PROVISIONS
Detail
in EUR ’000
Property/Casualty
31.12.2007
Life
31.12.2007
Health
31.12.2007
Total
31.12.2007
Total
31.12.2006
Unearned premiums . . . . . . . . . . . 150,997 10,542 0 161,539 126,922
Mathematical reserve . . . . . . . . . . 2 215,990 1,893 217,885 107,223
Provision for outstanding claims . . 790,359 5,532 194 796,085 719,521
Provision for profit-independent
premium refunds . . . . . . . . . . . . 3,428 0 0 3,428 4,342
Provision for profit-dependent
premium refunds . . . . . . . . . . . . 0 14 0 14 10
Other underwriting provisions . . . . 7,713 0 0 7,713 5,296
Total ...................... 952,499 232,078 2,087 1,186,664 963,314
Development
in EUR ’000
Book value
1.1.2007
Exchange
rate Additions
Amount used/
released
Change in
scope of
consolidation
Book value
31.12.2007
Unearned premiums . . . . . . . . . . . 126,922 1,064 126,936 �112,961 19,578 161,539
Mathematical reserve . . . . . . . . . . 107,223 53 89,258 �55,373 76,724 217,885
Provision for outstanding claims . . . 719,521 11,671 686,246 �635,841 14,488 796,085
Provision for profit-independent
premium refunds . . . . . . . . . . . . 4,342 44 3,104 �4,062 0 3,428
Provision for profit-dependent
premium refunds . . . . . . . . . . . . 10 0 4 0 0 14
Other underwriting provisions . . . . . 5,296 �440 8,153 �5,296 0 7,713
Total ...................... 963,314 12,392 913,701 �813,533 110,790 1,186,664
Maturities
in EUR ’000
31.12.2007 31.12.2006
up to one year. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 664,059 580,502
from one to five years . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 278,052 228,851
from five to ten years . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 150,063 109,313
more than ten years . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 94,490 44,648
Total. ....................................................... 1,186,664 963,314
F-47