Page 49 - Annual Report 2021 EN
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/ 49 T ABLE OF C ONTENT S
C OMPO SI T ION OF T O TAL LIABILI T IES
2. Composition of total liabilities
The composition of total liabilities of the insurance
sector has remained fairly consistent and was
dominated by insurance-related liabilities comprising
of technical provisions and unearned premium
reserves which together represented 71% of total
liabilities as at 31 December 2021.
Gross technical provisions Unearned premium reserve Reinsurance/Retakaful balances payable Other liabilities
