6.18 Operating liabilities

		in EUR
	2011	2010
DIRECT INSURANCE LIABILITIES
Liabilities towards policyholders	13,988,154	15,039,029
Liabilities towards insurance brokers	1,729,573	1,709,179
Other liabilities from direct insurance operations	5,187,283	6,427,344
Liabilities from direct insurance operations towards Group companies	23,051	67,552
TOTAL LIABILITIES FROM DIRECT INSURANCE OPERATIONS	20,928,061	23,243,104
LIABILITIES FROM CO-INSURANCE AND REINSURANCE OPERATIONS
Liabilities from re/coinsurance premiums	17,109,130	12,754,352
Liabilities from the share of claims from co-insurance	9,279,464	7,268,522
Other re/coinsurance liabilities	9,717,435	7,869,425
Other re/coinsurance liabilities towards Group companies	0	36,513
TOTAL LIABILITIES FROM CO-INSURANCE AND RE-INSURANCE	36,106,029	27,928,812
CURRENT TAX LIABILITIES	826,652	16,877,495
TOTAL LIABILITIES FROM INSURANCE OPERATIONS	57,860,742	68,049,411

Documents

All liabilities are short-term and are to be settled within the next 12 months.