Disclosures SFCR 2021

ASR Nederland N.V. 2021 Solvency and Financial Condition Report - Disclosure

2

2021

Solvency II Value

Assets

Intangible assets

Deferred tax assets

591,000

Pension benefit surplus

Property, plant & equipment held for own use

186,748

Investments (other than assets held for index-linked and unit-linked contracts)

44,342,006

-  Property (other than for own use)

2,668,839

-  Holdings in related undertakings, including participations

183,418

-  Equities

2,540,897

-  Equities - listed

2,180,293

-  Equities - unlisted

360,603

-  Bonds

25,723,788

-  Government Bonds

14,264,626

-  Corporate Bonds

10,924,876

-  Structured notes

3,425

-  Collateralised securities

530,861

-  Collective Investments Undertakings

5,307,155

-  Derivatives

6,619,620

-  Deposits other than cash equivalents

1,298,290

-  Other investments

Assets held for index-linked and unit-linked contracts

11,569,094

Loans and mortgages

15,292,091

-  Loans on policies

14

-  Loans and mortgages to individuals

13,440,573

-  Other loans and mortgages

1,851,504

Reinsurance recoverables from:

453,953

- Non-life and health similar to non-life

58,553

- Non-life excluding health

58,553

-  Health similar to non-life

-  Life and health similar to life, excluding health and index-linked and unit-linked

395,401

-  Health similar to life

222,084

-  Life excluding health and index-linked and unit-linked

173,317

-  Life index-linked and unit-linked

Deposits to cedants

Insurance and intermediaries receivables

265,518

Reinsurance receivables

95,805

Receivables (trade, not insurance)

538,269

Own shares (held directly)

84,163

Amounts due in respect of own fund items or initial fund called up but not yet paid in

Cash and cash equivalents

1,211,393

Any other assets, not elsewhere shown

80,940

Total assets

74,710,980

ASR Nederland N.V. 2021 Solvency and Financial Condition Report - Disclosure

3

2021

Solvency II Value

Liabilities

Technical provisions - non-life

2,245,434

Technical provisions - non-life (excluding health)

1,634,357

-  Technical provisions calculated as a whole

-  Best estimate

1,537,541

-  Risk margin

96,816

Technical provisions - health (similar to non-life)

611,077

-  Technical provisions calculated as a whole

-  Best estimate

564,426

-  Risk margin

46,651

Technical provisions - life (excluding index-linked and unit-linked)

38,945,118

Technical provisions - health (similar to life)

4,632,976

-  Technical provisions calculated as a whole

-  Best estimate

4,151,979

-  Risk margin

480,997

Technical provisions - life (excluding health and index-linked and unit-linked)

34,312,141

-  Technical provisions calculated as a whole

-  Best estimate

32,515,961

-  Risk margin

1,796,180

Technical provisions - index-linked and unit-linked

11,935,164

-  Technical provisions calculated as a whole

-  Best estimate

11,845,674

-  Risk margin

89,490

Other technical provisions

Contingent liabilities

Provisions other than technical provisions

46,786

Pension benefit obligations

3,989,765

Deposits from reinsurers

32,076

Deferred tax liabilities

765,465

Derivatives

794,280

Debts owed to credit institutions

5,741,375

Financial liabilities other than debts owed to credit institutions

191,574

Insurance & intermediaries payables

528,436

Reinsurance payables

12,152

Payables (trade, not insurance)

256,102

Subordinated liabilities

2,061,038

-  Subordinated liabilities not in Basic Own Funds

-  Subordinated liabilities not in Basic Own Funds

2,061,038

Any other liabilities, not elsewhere shown

637,210

Total liabilities

68,181,975

Excess of assets over liabilities

6,529,006

ASR Nederland N.V. 2021 Solvency and Financial Condition Report - Disclosure

4

Line of Business for: non-life insurance and reinsurance obligation (direct business and accepted proportional reinsurance)

Line of business for: accepted non-proportional reinsurance

Workers'

Income

compen-

Marine, aviation

Fire and other

Credit and

Marine,

Medical expense

protection

sation

Motor vehicle

Other motor

and transport

damage to

General liability

suretyship

Legal expenses

Miscellaneous

aviation,

2021

insurance

insurance

insurance

liability insurance

insurance

insurance

property insurance

insurance

insurance

insurance

Assistance

financial loss

Health

Casualty

transport

Property

Total

Premiums written

Gross - Direct Business

1,231,355

539,979

476,934

345,395

47,683

471,507

114,051

2,127

43,681

1,434

90,572

3,364,719

Gross - Proportional reinsurance accepted

668

668

Gross - Non-proportional reinsurance accepted

-

Reinsurers' share

105

114

1,700

1,725

2,182

24,555

364

-

44,520

-

359

75,624

Net

1,231,250

539,865

475,234

343,670

45,501

446,952

113,687

2,127

-839

1,433

90,882

3,289,762

Premiums earned

Gross - Direct Business

1,231,355

539,376

477,678

357,653

47,295

472,328

114,052

2,127

43,794

1,424

91,645

3,378,727

Gross - Proportional reinsurance accepted

663

663

Gross - Non-proportional reinsurance accepted

-

Reinsurers' share

105

114

1,700

12,465

2,200

24,466

364

-

44,717

-

359

86,490

Net

1,231,250

539,262

475,978

345,188

45,095

447,863

113,688

2,127

-923

1,424

91,949

3,292,901

Claims incurred

Gross - Direct Business

1,148,818

394,526

391,934

146,552

18,966

217,799

92,484

875

-294

232

23,975

2,435,866

Gross - Proportional reinsurance accepted

-

Gross - Non-proportional reinsurance accepted

-

Reinsurers' share

-13

4,869

4,384

786

2,652

1,435

-492

13,620

Net

1,148,818

394,539

387,065

142,168

18,180

215,147

91,049

875

-294

232

24,467

2,422,246

Changes in other technical provisions

Gross - Direct Business

-

Gross - Proportional reinsurance accepted

-

Gross - Non-proportional reinsurance accepted

-

Reinsurers' share

-

Net

-

Expenses incurred

43,593

107,209

158,421

105,912

14,180

176,660

43,664

334

-4,992

387

34,937

680,304

Other expenses

Total expenses

680,304

ASR Nederland N.V. 2021 Solvency and Financial Condition Report - Disclosure

5

Line of Business for: life insurance obligations

Life reinsurance obligations

Annuities stemming from

Annuities stemming from non-

non-life insurance contracts

Index-linked

life insurance contracts and

and relating to insurance

Insurance with

and unit-linked

relating to health insurance

obligations other than health

2021

Health insurance

profit participation

insurance

Other life insurance

obligations

insurance obligations

Health reinsurance

Life reinsurance

Total

Premiums written

Gross

756,057

442,811

605,620

703,886

2,508,375

Reinsurers' share

11,692

162

146

257

12,257

Net

744,365

442,649

605,474

703,629

2,496,118

Premiums earned

Gross

758,502

442,811

605,620

703,886

2,510,820

Reinsurers' share

11,736

162

146

257

12,301

Net

746,766

442,649

605,474

703,629

2,498,518

Claims incurred

Gross

445,679

886,817

1,285,534

810,762

3,428,792

Reinsurers' share

60,766

5,629

5,146

71,541

Net

384,913

881,188

1,285,534

805,616

3,357,251

Changes in other technical provisions

Gross

197,023

-165,822

1,366,566

-135,549

1,262,219

Reinsurers' share

-51,770

-2,277

-1,862

-55,910

Net

248,793

-163,545

1,366,566

-133,686

1,318,129

Expenses incurred

122,928

43,449

74,401

51,622

292,401

Other expenses

1

Total expenses

292,402