Annual Report 2021
Financial statements
6.6.7
Net insurance claims and benefits

See accounting policy KK.

Net insurance claims and benefits
​20212020
Total Non-life and Life​​
Insurance claims and benefits-6,846-5,082
Insurance claims and benefits recovered from reinsurers2930
​​​
Net insurance claims and benefits-6,817-5,051
​​​
Non-life​​
Claims paid-2,595-2,337
Changes in provision for outstanding claims-469-387
Amortisation of VOBA-14-14
Insurance claims and benefits-3,079-2,738
​​​
Insurance claims and benefits recovered from reinsurers2328
​​​
Net insurance claims and benefits, Non-life-3,056-2,710
​​​
Life​​
Claims paid-2,983-2,594
Changes in liabilities arising from insurance contracts592729
Changes in liabilities arising from insurance contracts on behalf of policyholders-1,368-469
Amortisation of VOBA-8-9
Insurance claims and benefits-3,768-2,344
​​​
Insurance claims and benefits recovered from reinsurers73
​​​
Net insurance claims and benefits, Life-3,761-2,341

The non-life claims paid increase was mainly due to portfolio growth, especially from Health.

The positive impact by COVID-19 on non-life insurance claims increased compared to previous year. Claims at P&C, particularly in motor and fire, decreased further. In 2021, this was partly offset by a negative impact at Disability due to adjusted expectations for long-term sickness absence by COVID-19 and delays in recovery and reintegration into work processes. The impact of COVID-19 and deferred care on claims in Health remained limited.

In line with previous year, the insurance claims and benefits of the Life segment were marginally affected by COVID-19. The impact on the mortality result is negligible, due to diversification of the various product lines.

The extreme flooding in Limburg led to additional damage claims (€ 20 million) on the Non-life segment in the second half of the year 2021.