F.20. Net insurance benefits and claims
| In CZK million, for the year ended 31 December | Gross amount | Reinsurer’s share | Net amount | |||
|---|---|---|---|---|---|---|
| 2014 | 2013 | 2014 | 2013 | 2014 | 2013 | |
| Non-life net insurance benefits and claims | 11,116 | 12,090 | (4,260) | (5,467) | 6,856 | 6,623 |
| Claims paid | 10,080 | 11,125 | (4,301) | (5,000) | 5,779 | 6,125 |
| Claims settlement expenses | 278 | 195 | 278 | 195 | ||
| Profit sharing and premium refunds paid | 324 | 367 | (26) | (31) | 298 | 336 |
| Change in the provision for outstanding claims | (34) | 162 | 253 | (474) | 219 | (312) |
| Change in the IBNR provision | 451 | 263 | (178) | 31 | 273 | 294 |
| Change in other insurance liabilities | 17 | (22) | (8) | 7 | 9 | (15) |
| Life net insurance benefits and claims | 7,314 | 8,493 | (408) | (385) | 6,906 | 8,108 |
| Claims paid | 14,249 | 11,692 | (416) | (404) | 13,833 | 11,288 |
| Claims settlement expenses | 18 | 14 | 18 | 14 | ||
| Profit sharing and premium refunds paid | 87 | 104 | 87 | 104 | ||
| Change in the provision for UPR | (21) | (19) | 3 | (1) | (18) | (20) |
| Change in the provision for outstanding claims | (89) | (169) | 32 | 65 | (57) | (104) |
| Change in the IBNR provision | 64 | 110 | (27) | (45) | 37 | 65 |
| Change in the mathematical provision | (3,454) | (3,679) | (3,454) | (3,679) | ||
| Change in the unit-linked provision | (3,540) | 440 | (3,540) | 440 | ||
| Total | 18,430 | 20,583 | (4,668) | (5,852) | 13,762 | 14,731 |
Life insurance
Higher claims paid in year 2014 and significant negative change in the unit-linked provisions (release of provisions) is a consequence of maturity of single unit-linked product Garance. The continued release of mathematical provisions is caused by ongoing high maturities and continuing product mix aimed at unit-linked and risk products.
Non-life insurance
The year 2014 was favourable compared to the year 2013 which was influenced by calamities (floods, storms and hails) in summer months. On the other hand the growth in some items was influenced mainly by creation of reserves in the growing Polish branch.