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Note 38 - Insurance and reinsurance contracts income and expenses

6 Months Ended

Jun. 30, 2020

Insurance and Reinsurance Contracts Income and Expenses

Other operating income and expenses on Insurance and reinsurance contracts

38. Income and expense from insurance and reinsurance contracts

The detail of the headings “Income and expense from insurance and reinsurance contracts” in the accompanying consolidated income statements is as follows:

Income and expense from insurance and reinsurance contracts (Millions of Euros)
	June 2020	June 2019
Income from insurance and reinsurance contracts	1,307	1,547
Expense from insurance and reinsurance contracts	(765)	(983)
Total	542	565