2020 INTEGRATED REPORT

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (CONTINUED) for the year ended 31 December 2020 Group 2020 2019 Gross Re- insurance Net Gross Re- insurance Net R’m R’m R’m R’m R’m R’m Total movement allocated 2 037 38 1 999 2 265 (138) 2 403 Sickness and disability policies – Claims payable (notified claims) 1 – 1 (8) – (8) – Unintimated claims (IBNR) 73 2 71 7 – 7 – Non-DPF liabilities 1 215 16 1 199 (599) (138) (461) – Cessation benefits (notified claims) 66 – 66 22 – 22 – DPF liabilities 492 – 492 2 902 – 2 902 Life policies – Claims payable (notified claims) 150 – 150 (71) – (71) – Unintimated claims (IBNR) 40 20 20 12 0.2 12 Analysis of balance at end of the year: Sickness and disability policies – Claims payable (notified claims) 27 – 27 26 – 26 – Unintimated claims (IBNR) 150 8 142 77 6 71 – Non-DPF liabilities 5 121 (51) 5 172 3 906 (67) 3 973 – Cessation benefits (notified claims) 295 – 295 229 – 229 – DPF liabilities 29 467 – 29 467 28 975 – 28 975 Life policies – Claims payable (notified claims) 266 – 266 116 – 116 – Unintimated claims (IBNR) 91 25 66 51 5 46 Total at end of the year 35 417 (18) 35 435 33 380 (56) 33 436 Current 829 33 796 499 11 488 Non-current 34 588 (51) 34 639 32 881 (67) 32 948 Total 35 417 (18) 35 435 33 380 (56) 33 436 12. LONG-TERM INSURANCE POLICY LIABILITIES, AND PPS PROFIT-SHARE ACCOUNTS (continued) 12.2 Movements in long-term insurance policy liabilities and re-insurance assets – Long-term insurance contracts with and without DPF (continued) 158 | PPS INTEGRATED REPORT 2020