Page 136 - Continental Reinsurance 2022 Annual Report
P. 136

134

43.1 Management of Insurance risk (continued)                                                                                                                                Notes to the Consolidated and separate financial statement - continued

                                                                  Company                                                                                                  For the year ended 31 December 2022

Non-life Claims development triangle

Underwriting                                                                    Development
Year
                         0                       1             2             3             4             5             6             78                    9           10
              =N='000                 =N='000       =N='000       =N='000       =N='000       =N='000       =N='000       =N='000 =N='000       =N='000       =N='000
                                                                                                                                                6,476,764     6,616,114
2012          1,663,575               3,770,418      5,168,392     6,011,185     6,281,082     6,264,929     6,291,349    6,429,965  6,444,172  4,776,736
2013          1,328,542               2,298,127      2,726,968     3,038,033     3,106,437     3,605,054     4,200,256    4,749,357  4,774,625                         10
2014          1,409,997               3,125,452      3,845,415     3,884,663     3,938,333     3,945,043     4,057,004    4,084,611  4,097,495             9  =N='000
2015          2,206,369               4,890,122      5,731,233     6,087,006     6,123,349     6,205,232     6,195,529    6,216,364             =N='000
2016          2,588,757               7,515,097      8,175,491     9,184,927     9,551,441    10,067,436    10,194,853                                            17,199
2017          2,701,300               7,153,419      9,560,817    10,923,638    11,576,664    11,884,700                                            17,199
2018          3,086,907               7,516,639      8,405,647     9,130,294     9,408,787                                                         120,237
2019          3,584,406               8,292,707     10,870,311    11,645,904
2020          2,964,160               8,520,581     15,321,622
2021          4,102,857               7,891,938
2022          2,921,066

Life Claims development triangle

Underwriting                                                                    Development
Year
                         0                       1             2             3             4             5             6             78
              =N='000                 =N='000       =N='000       =N='000       =N='000       =N='000       =N='000       =N='000 =N='000

2012                     -                       -             -     13,238        14,691        16,465        17,020        17,135   17,156
2013                     -                       -      87,821      113,629       114,714       119,229       119,945       120,237  120,237
2014                     -               612,632       701,917      704,706       711,153       711,682       712,600       712,693  712,980
2015            680,491               1,236,384     1,410,456     1,449,167     1,454,742     1,456,802     1,461,902     1,463,686
2016            327,020                  896,744    1,200,752     1,217,137     1,230,299     1,234,077     1,243,662
2017            465,298               1,264,595     1,389,099     1,450,210     1,464,002     1,468,017
2018          1,015,983               2,029,454     2,236,586     2,294,891     2,312,413
2019            601,294               1,325,147     1,460,600     1,473,952
2020            910,429               1,612,445     1,837,255
2021            595,317               1,504,001
2022          1,080,662
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