28 Annual Report 2019 Technical provisions in CHF 2019 2018 Technical provisions Gross Retro Net Gross Retro Net Unearned premiums 219 873 020 988 887 218 884 133 201 901 650 3 577 631 198 324 019 Loss reserves 1 803 703 869 7 796 055 1 795 907 814 1 617 545 282 4 348 805 1 613 196 477 Other technical reserves 84 116 876 62 638 84 054 238 48 505 978 29 773 48 476 205 Future policy benefits reserves 10 900 132 260 230 516 461 10 669 615 799 6 760 388 897 117 701 087 6 642 687 810 Total 13 007 826 025 239 364 041 12 768 461 984 8 628 341 807 125 657 296 8 502 684 511 2019 2018 Changes in technical provisions Net Net Change in unearned premium reserves net 17 612 288 34 180 776 Changes in loss reserves 195 162 255 117 276 784 Other technical reserves 37 228 106 35 890 928 Changes in future policy benefits reserves 4 289 242 135 4 642 186 645 Total 4 539 244 784 4 594 981 565 The change in Technical provisions Net as per balance sheet and the Changes in technical provisions per the income statement deviate due to different foreign exchange rates Including portfolio movements the changes in future policy benefits reserves amount to CHF 370 622 965 Overall Technical provisions net in creased from CHF 8 5bn to CHF 12 8bn This increase was mainly due to a new US transaction and two intra group life treaties and various external ZZR con tracts The total Technical provisions ceded rose by CHF 114m see Balance sheet as at 31 12 2019 for details Retrocession was mainly driven by a higher retroces sion share with a third party The increase in Loss reserves net of CHF 183m in 2019 was mainly triggered by structured solutions business Other technical reserves increased by CHF 36m mainly driven by an increase in the profit commission reserves of one non life treaty NewRe AnnualReport 2019 Korrekt indd 28 27 04 20 09 43

Vorschau Newre Annual Report 2019 Seite 30
Hinweis: Dies ist eine maschinenlesbare No-Flash Ansicht.
Klicken Sie hier um zur Online-Version zu gelangen.