F.20. Net insurance benefits and claims
| In CZK million, for the year ended 31 December | Gross amount | Reinsurer’s share | Net amount | |||
|---|---|---|---|---|---|---|
| 2016 | 2015 | 2016 | 2015 | 2016 | 2015 | |
| Non-life net insurance benefits and claims | 9,310 | 9,484 | (3,801) | (4,381) | 5,509 | 5,103 |
| Claims paid | 9,156 | 8,857 | (3,919) | (4,019) | 5,237 | 4,838 |
| Claims settlement expenses | 303 | 312 | – | – | 303 | 312 |
| Profit sharing and premium refunds paid | 335 | 287 | (41) | (35) | 294 | 252 |
| Change in the provision for outstanding claims | (294) | 213 | 87 | (368) | (207) | (155) |
| Change in the IBNR provision | (263) | (208) | 70 | 57 | (193) | (151) |
| Change in other insurance liabilities | 73 | 23 | 2 | (16) | 75 | 7 |
| Life net insurance benefits and claims | 5,823 | 6,128 | (443) | (438) | 5,380 | 5,690 |
| Claims paid | 8,474 | 12,294 | (425) | (444) | 8,049 | 11,850 |
| Claims settlement expenses | 18 | 17 | – | – | 18 | 17 |
| Profit sharing and premium refunds paid | 58 | 86 | – | – | 58 | 86 |
| Change in the provision for UPR | (19) | (29) | 3 | 7 | (16) | (22) |
| Change in the provision for outstanding claims | 72 | – | (27) | (1) | 45 | (1) |
| Change in the IBNR provision | (17) | – | 6 | – | (11) | |
| Change in the mathematical provision | (2,960) | (6,721) | – | – | (2,960) | (6,721) |
| Change in the unit-linked provision | 197 | 481 | – | – | 197 | 481 |
| Total | 15,133 | 15,612 | (4,244) | (4,819) | 10,889 | 10,793 |
Non-life insurance
The development of claims paid and claims provisions is relatively stable during 2015 and 2016 taking into consideration that extraordinary calamity events did not appear during these years. In 2016 there were some major claims caused by natural perils (mainly hails) especially in the first half of the year and that is why they influenced mostly Claims paid and don’t influenced much the year-end balance of claims provisions.
Life insurance
The continued release of mathematical provisions is caused by ongoing maturities and continuing product mix aimed at unit-linked and risk products. Decrease in Claims payments is caused by lower lapses and lower extra withdrawals.