43. Technical provisions

Technical provisions 31 December 2015 31 December 2014
Technical provisions – non-life insurance 19,278,600 18,410,647
Unearned premiums reserve 5,642,997 5,133,390
Unexpired risks reserve 119,183 19,257
Outstanding claims provisions 7,706,360 7,258,764
Provisions for the capitalized value of annuities 5,807,892 5,997,595
Provisions for bonuses and rebates for the insured 2,168 1,641
Technical provisions – life insurance 22,001,721 21,756,238
Unearned premiums reserve 93,816 97,456
Life insurance provision 16,221,886 16,281,625
Outstanding claims provisions 557,680 511,587
Provisions for bonuses and rebates for the insured 494 650
Other technical provisions 383,888 439,364
Unit-linked reserve 4,743,957 4,425,556
Total technical provisions 41,280,321 40,166,885

The table above presents also the amounts of provisions recognized for the old portfolio (as described in Note 5.18.2.2), which are as follows:

Technical provisions for old portfolio 31 December 2015 31 December 2014
Life insurance provisions 442,996 471,174
Other technical provisions 168,536 194,623
- provisions for low interest rates 108,846 123,273
- provisions for litigations 59,690 71,350
IBNR and RBNP reserve 1,544 2,298
Total technical provisions – old portfolio 613,076 668,095
 

Section consists:

43.1 Technical provisions – non-life insurance

43.2 Technical provisions – life insurance