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6.8 Funds withheld (liabilities)

The funds withheld under reinsurance treaties totalling EUR 821.1 million (EUR 644.6 million) represent the cash and securities deposits furnished to our company by our retrocessionaires that do not trigger any cash flows and cannot be realised without the consent of our retrocessionaires. The maturities of these deposits are matched to the corresponding shares of the reinsurers in the technical provisions. If such a share no longer exists the corresponding funds withheld are reduced to the same extent.


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