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Note 22 - Assets and Liabilities under reinsurance and insurance contracts | 6 Months Ended
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Jun. 30, 2018
Assets and Liabilities Under reinsurance and insurance contracts |
Assets and Liabilities Under Reinsurance and Insurance Contracts | Assets and l iabilities under insurance and re insurance contracts The breakdown of the balance under the heading “Liabilities under reinsurance and insurance contracts” is as follows:
Technical Reserves by type of insurance product (Millions of euros)
| June 2018 | December 2017
Mathematical reserves | 8,134 | 7,961
Provision for unpaid claims reported | 645 | 631
Provisions for unexpired risks and other provisions | 721 | 631
Total | 9,500 | 9,223
The heading “Assets under reinsurance and insurance contracts” in the accompanying consolidated balance sheets includes the amounts that the consolidated insurance entities are entitled to receive under the reinsurance contracts entered into by them with t hird parties and, more specifically, the share of the reinsurer in the technical provisions recognized by the consolidated insurance subsidiaries. As of June 30, 2018 and December 31, 2017, the balance under this heading amounted to €414 million and €421 m illion, respectively.

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