Annual Report 2011 Social Balance sheet

Page 180

Provisions | 2011 Others 0.6% PCP 1.5% IBNER 0.8%

Provision of Payable Benefits 2.6%

IBNR

PPNG

16.2% 40.1%

27.3%

PSL 8.0% PPNG RVNE 2.8% PIP

• PPNG - Unearned premium provision

• PSL - Losses payable provision

• PPNG/RVNE - Unearned premium provision

• IBNR - Incurred but not reported

for risks in force but not issued • PIP - Premium insufficiency provision

178

• IBNER - Incurred but not enough reported • PCP - Complementary premiums provision


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