Notes on the consolidated balance sheet – liabilities

(21) Provision for premium refunds

 

2010

2009 1)

 

Gross

Retro

Netto

Net

Retro

Net

Figures in EUR million

      

Balance at 31.12. of the previous year

1,274

1

1,273

973

1

972

Change in the consolidated group

2

2

Portfolio entries/withdrawals

Allocations/releases (—)

–164

–164

452

452

Disposals

      

Life insurance policies

–1

–1

163

163

Liability/accident policies with a premium refund

11

11

8

8

Other changes

12

12

18

18

Currency exchange rate differences

1

1

Balance at 31.12. of the year under review

1,113

1

1,112

1,274

1

1,273


1) Adjusted on the basis of IAS 8