Provisions (by accounting classes prescribed by section II of the attachment to the Insurance Activity Act) | 31 December 2022 | 31 December 2021 | ||||
gross | share of reinsurers | net | gross | share of reinsurers | net | |
Accident and sickness insurance (group 1 and 2) | 1 064 | -157 | 907 | 1 014 | -125 | 889 |
Motor third party liability insurance (group 10) | 15 632 | -708 | 14 924 | 15 314 | -670 | 14 644 |
Other motor insurance (group 3) | 3 673 | -11 | 3 662 | 3 248 | -35 | 3 213 |
Marine, aviation and transport insurance (groups 4, 5, 6, 7) | 227 | -117 | 110 | 177 | -78 | 99 |
Insurance against fire and other property damage (groups 8 and 9) | 3 949 | -1 363 | 2 586 | 3 308 | -1 020 | 2 288 |
TPL insurance (groups 11, 12, 13) | 3 006 | -307 | 2 699 | 2 721 | -259 | 2 462 |
Credit and suretyship (groups 14, 15) | 360 | -140 | 220 | 251 | -131 | 120 |
Assistance (group 18) | 500 | -2 | 498 | 430 | -1 | 429 |
Legal protection (group 17) | 27 | – | 27 | 23 | – | 23 |
Other (group 16) | 1 454 | -1 210 | 244 | 395 | -220 | 175 |
Total technical provisions | 29 892 | -4 015 | 25 877 | 26 881 | -2 539 | 24 342 |
Technical provisions in non-life insurance | 31 December 2022 | 31 December 2021 | ||||
gross | share of reinsurers | udział własny | gross | share of reinsurers | net | |
Short-term | 6 559 | -969 | 5 590 | 5 669 | -646 | 5 023 |
Long-term | 23 333 | -3 046 | 20 287 | 21 212 | -1 893 | 19 319 |
Total technical provisions | 29 892 | -4 015 | 25 877 | 26 881 | -2 539 | 24 342 |
Long-term provisions are those under which projected cash flows will occur more than 12 months after the end of the reporting period, or after 31 December 2022.
Movement in provisions
Movement in the provision for unearned premiums in non-life insurance | 1 January – 31 December 2022 | 1 January – 31 December 2021 | ||||
gross | share of reinsurers | net | gross | share of reinsurers | net | |
Beginning of the period | 9 423 | -1 139 | 8 284 | 8 645 | -924 | 7 721 |
Increase (reduction) of provisions relating to policies concluded in the current year | 9 620 | -1 298 | 8 322 | 8 466 | -785 | 7 681 |
Increase (reduction) of provisions relating to policies concluded in previous years | -8 418 | 855 | -7 563 | -7 696 | 572 | -7 124 |
Foreign exchange differences in the period | -1 | 3 | 2 | 8 | -2 | 6 |
Total technical provisions | 10 624 | -1 579 | 9 045 | 9 423 | -1 139 | 8 284 |
Movement in provision for unexpired risk | 1 January – 31 December 2022 | 1 January – 31 December 2021 | ||||
gross | share of reinsurers | net | gross | share of reinsurers | net | |
Beginning of the period | 42 | – | 42 | 32 | – | 32 |
Increase (reduction) of provisions relating to policies concluded in the current year | 10 | – | 10 | 31 | – | 31 |
Increase (reduction) of provisions relating to policies concluded in previous years | -26 | – | -26 | -21 | – | -21 |
End of the period | 26 | – | 26 | 42 | – | 42 |
Movement in the provision for outstanding claims and benefits in non-life insurance | 1 January – 31 December 2022 | 1 January – 31 December 2021 | ||||
brutto | share of reinsurers | net | brutto | share of reinsurers | net | |
Beginning of the period | 11 039 | -1 119 | 9 920 | 10 371 | -903 | 9 468 |
Benefits paid related to losses incurred in previous years, including: | -2 961 | 199 | -2 762 | -2 546 | 89 | -2 457 |
– claims paid | -2 537 | 197 | -2 340 | -2 138 | 87 | -2 051 |
– claims handling expenses | -424 | 2 | -422 | -408 | 2 | -406 |
Increase (reduction) of provisions, including: | 4 609 | -1 249 | 3 360 | 3 204 | -298 | 2 906 |
– relating to losses incurred in the current year | 5 203 | -1 211 | 3 992 | 3 923 | -280 | 3 643 |
– relating to losses incurred in previous years | -594 | -38 | -632 | -719 | -18 | -737 |
Other changes | – | 2 | 2 | – | -1 | -1 |
Foreign exchange differences in the period | -7 | 7 | – | 10 | -6 | 4 |
End of the period | 12 680 | -2 160 | 10 520 | 11 039 | -1 119 | 9 920 |
Movement in provision for the capitalized value of annuities in non-life insurance | 1 January – 31 December 2022 | 1 January – 31 December 2021 | ||||
gross | share of reinsurers | net | gross | share of reinsurers | net | |
Beginning of the period | 6 371 | -280 | 6 091 | 6 226 | -273 | 5 953 |
Claims paid related to losses incurred in previous years | -262 | 6 | -256 | -280 | 11 | -269 |
Increase (reduction) of provisions relating to losses incurred in previous years | 35 | -4 | 31 | 104 | -33 | 71 |
Changes in assumptions resulting from movements in technical rates | -6 | – | -6 | -9 | – | -9 |
Increase in provisions relating to losses incurred in the current year | 402 | 9 | 411 | 330 | 15 | 345 |
Foreign exchange differences in the period | 3 | – | 3 | – | – | – |
End of the period | 6 543 | -269 | 6 274 | 6 371 | -280 | 6 091 |