ING Direct 2004 Annual Report Download - page 91
Download and view the complete annual report
Please find page 91 of the 2004 ING Direct annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.-
1 -
2
-
3
-
4
-
5
-
6
-
7
-
8
-
9
-
10
-
11
-
12
-
13
-
14
-
15
-
16
-
17
-
18
-
19
-
20
-
21
-
22
-
23
-
24
-
25
-
26
-
27
-
28
-
29
-
30
-
31
-
32
-
33
-
34
-
35
-
36
-
37
-
38
-
39
-
40
-
41
-
42
-
43
-
44
-
45
-
46
-
47
-
48
-
49
-
50
-
51
-
52
-
53
-
54
-
55
-
56
-
57
-
58
-
59
-
60
-
61
-
62
-
63
-
64
-
65
-
66
-
67
-
68
-
69
-
70
-
71
-
72
-
73
-
74
-
75
-
76
-
77
-
78
-
79
-
80
-
81 -
82 -
83 -
84 -
85 -
86 -
87 -
88 -
89 -
90 -
91 -
92 -
93 -
94 -
95 -
96 -
97 -
98 -
99 -
100 -
101 -
102
-
103
-
104
-
105
-
106
-
107
-
108
-
109
-
110
-
111
-
112
-
113
-
114
-
115
-
116
-
117
-
118
-
119
-
120
-
121
-
122
-
123
-
124
-
125
-
126
-
127
-
128
-
129
-
130
-
131
-
132
-
133
-
134
-
135
-
136
-
137
-
138
-
139
-
140
-
141
-
142
-
143
-
144
-
145
-
146
-
147
-
148
-
149
-
150
-
151
-
152
-
153
-
154
-
155
-
156
-
157
-
158
-
159
-
160
-
161
-
162
-
163
-
164
-
165
-
166
-
167
-
168
-
169
-
170
-
171
-
172
-
173
-
174
-
175
-
176
-
177
-
178
-
179
-
180
-
181
-
182
-
183
 |
 |
ING Group Annual Report 2004 89
13 INSURANCE PROVISIONS
INSURANCE PROVISIONS
Reinsurance
Gross element Own account
2004 2003 2004 2003 2004 2003
Provision for life policy liabilities 125,805 119,830 4,106 2,947 121,699 116,883
Provision for profit sharing and rebates 849 795 849 795
Provision for unearned premiums and
unexpired insurance risks 2,862 3,174 353 687 2,509 2,487
Claims provision 8,511 7,911 1,134 614 7,377 7,297
Other insurance provisions 17 21 17 21
138,044 131,731 5,593 4,248 132,451 127,483
Insurance provisions for policies
for which the policyholders bear
the investment risk 78,807 71,687 1,151 1,135 77,656 70,552
216,851 203,418 6,744 5,383 210,107 198,035
The insurance provisions are generally of a long-term nature.
INSURANCE PROVISIONS OWN ACCOUNT BY GEOGRAPHICAL AREA
Insurance provisions
for policies for
which the policy-
Provision for life holders bear the Claims
policy liabilities investment risk provision Other Total
2004 2003 2004 2003 2004 2003 2004 2003 2004 2003
Netherlands 39,264 37,485 15,472 14,883 3,364 3,409 874 911 58,974 56,688
Belgium 6,732 5,604 3,248 2,945 510 483 181 163 10,671 9,195
Rest of Europe 4,479 3,966 1,708 1,208 26 21 70 75 6,283 5,270
North America 52,395 53,981 46,912 44,020 2,994 2,626 1,404 1,194 103,705 101,821
Latin America 2,168 2,011 66 59 232 231 572 550 3,038 2,851
Asia 16,586 13,586 4,251 1,966 21 21 272 216 21,130 15,789
Australia 75 249 5,999 5,471 228 163 6,074 6,111
Other 1 230 278 231 232 310
121,699 116,883 77,656 70,552 7,377 7,297 3,375 3,303 210,107 198,035