67.4. Insurance and financial risks in insurance business – financial information

The table below presents a maturity analysis for portfolios of insurance contracts issued that are liabilities and portfolios of reinsurance contracts held that are assets.

Maturity dates for portfolios of insurance contracts issued that are liabilities and portfolios of reinsurance contracts held that are assets < 1 year 1-2 years 2-3 years 3-4 years 4-5 years > 5 years Total
2023 1,327 589 326 181 99 303 2,825
Insurance Contracts 1,384 607 333 185 100 306 2,915
Reinsurance contracts (57) (18) (7) (4) (1) (3) (90)
2022 1,117 596 381 204 119 346 2,763
Insurance Contracts 1,187 619 392 209 121 350 2,878
Reinsurance contracts (70) (23) (11) (5) (2) (4) (115)

The following table presents the amounts of insurance liabilities payable on demand and the carrying amount of the related contract portfolios.

Amounts payable on demand 2023 2022
Amount payable on demand Carrying amount Amount payable on demand Carrying amount
Life – protection insurance 7 11 8 11
Other 595 565 632 598