Critical accounting estimates and judgment in applying accounting policies (Tables)

12 Months Ended

Dec. 31, 2021

Sensitivity analysis of DPAC and VOBA balances to changes in in expected long-term equity growth rate


	2021	2020
Estimated approximate effect	DPAC /VOBA	DPAC /VOBA
1% decrease in the expectected long-term equity growth rate	(95)	(108)

Sensitivity analysis of net result to changes in various underwriting risks


	2021			2020
Estimated approximate effect	Net Result			Net Result
10% increase to mortality assumption		(128	)		(124	)

20% increase in the lapse rate assumption		71			89

Sensitivity analysis of GPV to changes in various underwriting risks


	2021			2020
Estimated approximate effect	GPV			GPV
5% increase in the utilization rates		195			186

5% decrease in the utilization rates		(201	)		(193	)

10% increase expected mortality		122			113

10% decrease expected mortality		(114	)		(105	)

Sensitivity analysis of LAT deficit to changes in various underwriting risks


	2021			2020
Estimated approximate effect in EUR billion	LAT deficit			LAT deficit
100 bps increase in interest rate		(3.3	)		(3.9	)

100 bps decrease in interest rate		4.3			5.2

50 bps increase in bond credit spread		0.3			0.2

50 bps decrease in bond credit spread		(0.3	)		(0.3	)

50 bps increase in mortgage spread		0.5			0.6

50 bps decrease in mortgage spread		(0.6	)		(0.6	)

5 bps increase in liquidity premium		(0.2	)		(0.2	)

5 bps decrease in liquidity premium		0.2			0.2