26 Liabilities from insurance contracts*

(XLS:)

in CHF thousands

2011

2010

+/– %

*

The liabilities represents liabilities classified as held for sale and as per 31 December 2011 they are reported separately.

As at 1 January

99'524

132'887

–25.1

Newly issued insurance contracts

24'728

3'082

702.3

Expired or terminated insurance contracts

–63'163

–237

 

Performance change

–4'176

–21'921

–80.9

Changes to provisions from insurance business

–6'857

–14'287

–52.0

Liabilities classified as held for sale

–50'056

0

 

As at 31 December

0

99'524

–100.0

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