HSBC 2009 Annual Report Download - page 389

387
6 Net insurance claims incurred and movement in liabilities to policyholders
Non-life
insurance
Life
insurance
(non-linked)
Life
insurance
(linked)
Investment
contracts
with DPF1 Total
US$m US$m US$m US$m US$m
2009
Gross claims incurred and movement in liabilities ..... 1,281 4,669 2,676 3,934 12,560
– claims, benefits and surrenders paid ................ 987 2,098 325 1,818 5,228
– movement in liabilities ..................................... 294 2,571 2,351 2,116 7,332
Reinsurers’ share of claims incurred and
movement in liabilities ....................................... (158) (98) 146 – (110)
– claims, benefits and surrenders paid ................ (156) (159) (21) – (336)
– movement in liabilities ..................................... (2) 61 167 – 226
1,123 4,571 2,822 3,934 12,450
2008
Gross claims incurred and movement in liabilities ..... 1,044 5,480 939 1,743 9,206
– claims, benefits and surrenders paid ................ 1,044 1,491 481 1,911 4,927
– movement in liabilities ..................................... – 3,989 458 (168) 4,279
Reinsurers’ share of claims incurred and
movement in liabilities ....................................... (83) (792) (1,442) – (2,317)
– claims, benefits and surrenders paid ................ (158) (172) (44) – (374)
– movement in liabilities ..................................... 75 (620) (1,398) – (1,943)
961 4,688 (503) 1,743 6,889
2007
Gross claims incurred and movement in liabilities ..... 1,099 3,377 2,886 2,188 9,550
– claims, benefits and surrenders paid ................ 1,017 940 790 1,080 3,827
– movement in liabilities ..................................... 82 2,437 2,096 1,108 5,723
Reinsurers’ share of claims incurred and
movement in liabilities ....................................... (171) 349 (1,120) – (942)
– claims, benefits and surrenders paid ................ (207) (169) (45) – (421)
– movement in liabilities ..................................... 36 518 (1,075) – (521)
928 3,726 1,766 2,188 8,608
1 Discretionary participation features.