EXAMPLE PAGE - ANNUAL REPORT - THE SWEDISH CLUB - Flipbook - Sida 74
FINANCIAL STATEMENTS - NOTES
Note 24.
Liabilities related to direct insurance operations
Policyholders (members)
Insurance brokers
Insurance companies
2021
2020
9,412
7,236
6,137
3,387
5,777
1,909
22,785
11,073
2021
2020
703
-
640
10,373
331
6,269
11,013
6,600
Note 25.
Other liabilities
Foreign exchange agreements
Trade creditors
Other liabilities
Note 26.
Expected settlement of assets and liabilities
Approximately 60% of the provision for claims outstanding is expected to be paid more than 12 months in the future. For other
balance sheet items that are expected to be settled more than 12 months in the future, 50% of the receivables and liabilities are
associated with other insurance companies. There is little risk in the short term of the Club becoming short of cash funds since
most of the investment portfolio can be converted to cash within a few days. For more information on liquidity risk, please see
Note 2.
74
THE SWEDISH CLUB ANNUAL REPORT 2021