XML 140 R14.htm IDEA: XBRL DOCUMENT v3.23.1
Premium income and premiums paid to reinsurers
 12 Months Ended
Dec. 31, 2022
Text block [abstract]  
Premium income and premiums paid to reinsurers
6 Premium income and premiums paid to reinsurers
 
     
                2022
                      2021
 1)
                      2020
 1)
  
Life insurance
      11,680        12,077        12,310  
Non-life insurance
      1,512        1,654        1,795  
Total premium income
   
 
13,192
 
   
 
13,731
 
   
 
14,105
 
       
Accident and health insurance
      1,512        1,389        1,539  
General insurance
      -        265        256  
Non-life insurance premium income
   
 
1,512
 
   
 
1,654
 
   
 
1,795
 
 
1
Amounts for 2021 and 2020 have been re-presented to reflect the classification of Aegon the Netherlands as held for sale and discontinued operations, refer to note 51 Discontinued operations.
Premium income decreased by EUR 539 million in 2022 (2021: EUR 374 million decrease) mainly driven by the divestments of Aegon Hungary and Aegon Turkey to Vienna Insurance Group AG Wiener Versicherung Gruppe (VIG). For more information about these divestments refer to note 48 Companies and businesses acquired and divested.
     
            2022
                  2021
1)
                  2020
1)
  
Life insurance
      2,057        3,292        2,506  
Non-life insurance
      132        126        134  
Total premiums paid to reinsurers
   
 
2,189
 
   
 
3,418
 
   
 
2,640
 
       
Accident and health insurance
      132        118        127  
General insurance
      -        8        7  
Non-life insurance premiums paid to reinsurers
   
 
132
 
   
 
126
 
   
 
134
 
 
1
Amounts for 2021 and 2020 have been re-presented to reflect the classification of Aegon the Netherlands as held for sale and discontinued operations, refer to note 51 Discontinued operations.
Premium paid to reinsurers decreased by EUR 1,229 million in 2022 (2021: EUR 778 million increase), mainly explained by the increased premiums paid to reinsurers in 2021 which includes a reinsurance transaction covering universal life policies with secondary guarantees in Americas.