| 9 | ACCOUNTS RECEIVABLE AND PAYABLE FROM INSURANCE CONTRACTS |
| a) | As of December 31, 2017 and 2016, “Premiums and other policies receivable” in the consolidated statement of financial position includes balances for approximately S/656.8 million and S/643.2 million, respectively, which are primarily of current maturity, have no specific collateral and present no material past due balances. |
| b) | The movements of the captions “Accounts receivable and payable to reinsurers and coinsurers” are as follows: |
| | | 2017 | | 2016 | | 2015 | | |||
| | | S/(000) | | S/(000) | | S/(000) | | |||
| | | | | | | | | | | |
| Balances at the beginning of the period | | | 454,187 | | | 457,189 | | | 468,137 | |
| Reported claims of premiums ceded, Note 24 | | | 483,387 | | | 145,498 | | | 119,894 | |
| Premiums ceded unearned during the year, Note 23(a)(**) | | | 21,192 | | | (9,139) | | | 6,835 | |
| Premiums assumed | | | 246,205 | | | 72,448 | | | 180,321 | |
| Settled claims of premiums ceded by facultative contracts | | | (231,298) | | | (90,550) | | | (125,156) | |
| Collections and others, net | | | (257,978) | | | (121,259) | | | (192,842) | |
| Balances at the end of the period | | | 715,695 | | | 454,187 | | | 457,189 | |
| | | 2017 | | 2016 | | 2015 | | |||
| | | S/(000) | | S/(000) | | S/(000) | | |||
| | | | | | | | | | | |
| Balances at the beginning of the period | | | 233,892 | | | 241,847 | | | 220,910 | |
| Premiums ceded for automatic contracts (mainly excess of loss), Note 23(a)(**) | | | 257,617 | | | 201,892 | | | 145,618 | |
| Premiums ceded to reinsurers in facultative contracts, Note 23(a)(**) | | | 263,378 | | | 292,555 | | | 331,329 | |
| Coinsurance granted | | | 5,925 | | | 5,965 | | | 5,999 | |
| Payments and other, net | | | (525,627) | | | (508,367) | | | (462,009) | |
| Balances at the end of the period | | | 235,185 | | | 233,892 | | | 241,847 | |