11. | Insurance Contract Receivables and Payables |
Insurance contract receivables were comprised as follows: | | | | | | | December 31, | | December 31, | | | 2025 | | 2024 | Insurance premiums receivable from agents, brokers and other intermediaries | | 273.5 | | 428.8 | Insurance contract receivables from third party administrators and other | | 732.7 | | 351.6 | | | 1,006.2 | | 780.4 | | | | | | Current | | 671.6 | | 761.3 | Non-current | | 334.6 | | 19.1 | | | 1,006.2 | | 780.4 |
Insurance contract payables were comprised as follows: | | | | | | | December 31, | | December 31, | | | 2025 | | 2024 | Payable to agents and brokers | | 161.0 | | 199.5 | Investment contracts associated with life insurance products(1) | | — | | 577.3 | Other insurance contract payables | | 177.3 | | 146.2 | | | 338.3 | | 923.0 | | | | | | Current | | 290.4 | | 337.1 | Non-current | | 47.9 | | 585.9 | | | 338.3 | | 923.0 |
(1) | Contracts issued by the company’s life insurance operations which do not transfer significant insurance risk, but do transfer financial risk from the policyholder to the company, represent a financial liability. The decrease in investment contracts associated with life insurance products in 2025 from 2024 reflects the classification of the Eurolife Life Operations as held for sale (see note 21). |
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