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Note 22 - Assets and Liabilities under reinsurance and insurance contracts | 6 Months Ended
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Jun. 30, 2020
Assets and Liabilities Under reinsurance and insurance contracts |
Assets and Liabilities Under Reinsurance and Insurance Contracts | 22. Assets and liabilities under insurance and reinsurance contracts 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 re ceive under the reinsurance contracts entered into by them with third parties and, more specifically, the share of the reinsurer in the technical provisions recognized by the consolidated insurance subsidiaries. As of June 30, 2020 and December 31, 2019, t he balance under this heading amounted to €332 million and €341 million, respectively. The most significant provisions recognized by consolidated insurance subsidiaries with respect to insurance policies issued by them are under the heading “Liabilities un der insurance and reinsurance contracts” in the accompanying consolidated balance sheets. The breakdown of the balance under the heading “Liabilities under reinsurance and insurance contracts” is as follows:
Liabilities under insurance and reinsurance contracts
| June 2020 | December 2019
Mathematical reserves (*) | 8,310 | 9,247
Provision for unpaid claims reported | 652 | 641
Provisions for unexpired risks and other provisions | 500 | 718
Total | 9,462 | 10,606
(*) The variation corresponds mainly to the decrease in Mexico.

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