Insurance provisions

Amounts ceded to reinsurers from insurance provisions
  Direct insurance Accepted reinsurance Total
(€ million) 31.12.2012 31.12.2011 31.12.2012 31.12.2011 31.12.2012 31.12.2011
Non-life amounts ceded to reinsurers from insurance provisions(*) 2,865 3,031 1,030 1,015 3,895 4,046
Provisions for unearned premiums 527 516 98 113 626 630
Provisions for outstanding claims 2,332 2,510 932 898 3,263 3,408
Other insurance provisions 6 4 0 4 6 8
Life amounts ceded to reinsurers from insurance provisions(*) 872 827 858 805 1,729 1,632
Provisions for outstanding claims 317 250 175 140 493 390
Mathematical provisions 286 293 681 664 967 957
Provisions for policies where the investment risk is borne
by the policyholders and provisions for pension funds
161 160 0 0 161 160
Other insurance provisions 108 124 1 1 108 125
Total 3,736 3,858 1,888 1,820 5,624 5,678

(*) After the elimination of intra-group transactions between segments.

Insurance provisions
  Direct insurance Accepted reinsurance Total
(€ million) 31.12.2012 31.12.2011 31.12.2012 31.12.2011 31.12.2012 31.12.2011
Non-life insurance provisions(*) 32,970 33,189 1,506 1,460 34,475 34,649
Provisions for unearned premiums 6,417 6,154 168 137 6,586 6,291
Provisions for outstanding claims 26,148 26,650 1,331 1,319 27,480 27,969
Other insurance provisions 405 386 6 4 410 390
of which provisions for liability adequacy test 11 7 0 0 11 7
Life insurance provisions(*) 299,602 288,208 2,292 2,133 301,894 290,341
Provisions for outstanding claims 4,822 4,487 862 803 5,684 5,290
Mathematical provisions 231,673 231,588 1,225 1,085 232,898 232,672
Provisions for policies where the investment risk is borne by the
policyholders and provisions for pension funds
41,048 46,804 20 46 41,068 46,850
Other insurance provisions 22,060 5,330 185 199 22,245 5,529
of which provisions for liability adequacy test 731 1,175 71 92 802 1,267
of which deferred policyholder liabilities 4,000 -12,185 0 0 4,000 -12,185
Total 332,572 321,398 3,798 3,593 336,369 324,990

(*) After the elimination of intra-group transactions between segments.

The decrease in non-life insurance provisions (-0.5% compared to 2011) was entirely attributable to the development of claims provisions, whereas premium provisions increased following the increase of production observed during the period.

In the life segment insurance provisions increased by 4.0%; this trend is determined by the improving of financial markets, that determined both the increase of traditional business and unit-linked provisions. On equivalent terms (excluding effects due to the disposal of Migdal Group) life insurance provisions increased by 9.7%.

The overall total of the other life insurance provisions included both the provision for profit sharing and premium refunds, which amounts to € 7,365 million compared to € 7,213 million in 2011, and the ageing provisions for life segment, which amount to € 9,630 million compared to € 9,076 million in 2011.