Erste Bank JPMorgan Merrill Lynch International

Health insurance mathematical reserve
in EUR ’000
31.12.2006 31.12.2005
Direct business
Individual policies . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 528,987 492,417
Group policies. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 124,651 115,958
Indirect business . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 949 878
Total ........................................................ 654,587 609,253
17. PROVISION FOR OUTSTANDING INSURANCE CLAIMS
Detail
in EUR ’000
31.12.2006 31.12.2005
Property/casualty insurance. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2,525,041 2,192,231
Life insurance . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 76,563 73,319
Health insurance . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 42,651 41,722
Total ....................................................... 2,644,255 2,307,272
Changes in provisions for outstanding property/casualty insurance claims
in EUR ’000
31.12.2006 31.12.2005
Book value as of 31.12. of the previous year .................... 2,192,231 1,837,657
Exchange rate . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 52,320 306
Book value as of 1.1. ...................................... 2,244,551 1,837,963
Claims expenditure . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,948,770 1,686,628
Claims payments and processing expenses . . . . . . . . . . . . . . . . . . . . . . . �1,716,440 �1,344,293
Other changes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 48,160 11,933
Book value as of 31.12. .................................... 2,525,041 2,192,231
Maturities
in EUR ’000
31.12.2006 31.12.2005
up to one year . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,560,653 1,329,131
from one to five years . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 593,341 649,741
from five to ten years. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 214,242 231,215
more than ten years . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 276,019 97,185
Total ....................................................... 2,644,255 2,307,272
A detailed presentation of the gross loss reserve is to be found in the section “Risk Reporting,”
under the heading with the same name.
18. PROVISION FOR REFUND OF PREMIUMS
Detail
in EUR ’000
31.12.2006 31.12.2005
Property/casualty insurance . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 22,191 17,104
of which dependent on profit . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 199 200
of which not dependent on profit . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 21,992 16,904
Life insurance . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 683,925 709,976
of which dependent on profit . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 683,925 709,976
Health insurance . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 18,401 17,531
of which dependent on profit . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3,601 3,485
of which not dependent on profit . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 14,800 14,046
Total ........................................................ 724,517 744,611
of which deferred life insurance profit participation. . . . . . . . . . . . . . . . . . . . . 503,333 545,867
recognised in profit or loss . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 72,415 29,040
not recognised in profit or loss . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 430,918 516,827
F-134