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Samples in periodicals archive:
Profitability in the market, however, decreased as insurers increased their provisions for unexpired risk reserves.
5 million Euros constituted positive non recurrent extraordinary contributions from releases of unexpired risk reserves and recoveries from reinsurance treaties, resulting in an adjusted net profit of 8.
As already mentioned at the time of the release of the first quarter results, the decrease in technical results is mainly related to the development of the unexpired risk reserve and to the development of net reinsurance costs.