The Liabilities related to unit-linked contracts can be broken down into insurance and investment contracts as follows:
 Download XLS |
|
2007 |
2006 |
2005 |
|
|
|
|
Insurance contracts |
12,453 |
11,394 |
9,994 |
Investment contracts |
19,335 |
17,762 |
16,157 |
Total |
31,788 |
29,156 |
26,151 |
The following table shows the changes in Liabilities related to unit-linked insurance contracts.
| Download XLS |
|
2007 |
2006 |
|
|
|
Balance as at 1 January |
11,394 |
9,994 |
Acquisitions/divestments of subsidiaries |
15 |
11 |
Premiums |
1,830 |
1,414 |
Payments due to surrenders and maturities |
(950) |
(828) |
Changes in unit value |
131 |
888 |
Other changes |
33 |
(85) |
Balance as at 31 December |
12,453 |
11,394 |
The following table shows the changes in Liabilities related to unit-linked investment contracts.
| Download XLS |
|
2007 |
2006 |
|
|
|
Balance as at 1 January |
17,762 |
16,157 |
Acquisitions/divestments of subsidiaries |
68 |
|
New deposits |
3,308 |
2,609 |
Payments due to surrenders and maturities |
(2,306) |
(1,830) |
Changes in unit value |
415 |
781 |
Other changes |
88 |
45 |
Balance as at 31 December |
19,335 |
17,762 |
The effect of changes in assumptions used to measure the liabilities related to unit-linked contracts was not material in 2007, 2006 and 2005.
