My first Publication ocbc_ar17_fullreport_english | Page 241

39. RISK MANAGEMENT (continued)
39.5 INSURANCE-RELATED RISK MANAGEMENT (continued)
Insurance risk (continued)
Table 39.5(C1): Concentration of non-life insurance risk
2017
Non-life insurance contracts
$ million
Gross
premium
liabilities
2016
Reinsured
premium
liabilities
Net
premium
liabilities Gross
premium
liabilities
Reinsured
premium
liabilities
Net
premium
liabilities
(a) By class of business
Fire
Motor
Marine and aviation
Workmen’s compensation
Personal accident and health
Miscellaneous
Total 19
30
6
13
19
42
129 (7)
–
(5)
(4)
1
(29)
(44) 12
30
1
9
20
13
85 29
26
8
13
20
29
125 (18)
(1)
(7)
(4)
(2)
(18)
(50) 11
25
1
9
18
11
75
(b) By country
Singapore
Malaysia
Total 65
64
129 (29)
(15)
(44) 36
49
85 64
61
125 (31)
(19)
(50) 33
42
75
Net
claims
liabilities Gross
claims
liabilities
2017
Non-life insurance contracts
$ million
Gross
claims
liabilities
Reinsured
claims
liabilities
2016
Reinsured
claims
liabilities
Net
claims
liabilities
(a) By class of business
Fire
Motor
Marine and aviation
Workmen’s compensation
Personal accident and health
Miscellaneous
Total 28
56
23
25
14
84
230 (20)
(3)
(20)
(9)
(1)
(67)
(120) 8
53
3
16
13
17
110 40
65
12
26
15
63
221 (31)
(5)
(9)
(10)
(2)
(48)
(105) 9
60
3
16
13
15
116
(b) By country
Singapore
Malaysia
Total 108
122
230 (61)
(59)
(120) 47
63
110 93
128
221 (44)
(61)
(105) 49
67
116
BUILDING ON OUR CORPORATE STRATEGY FOR SUSTAINABLE GROWTH
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