15 Investment Contracts without Discretionary Participation
Investment contracts without discretionary participation
| In CHF million | ||||
|---|---|---|---|---|
| 2024 | 2023 | |||
| Balance as at 1 January | 18 201 | 18 545 | ||
| Deposits received | 530 | 509 | ||
| Fair value changes | 1 349 | 1 845 | ||
| Interest and bonuses credited | –1 | –1 | ||
| Policy fees and other charges | –53 | –53 | ||
| Deposits released | –2 140 | –1 617 | ||
| Other movements | –21 | –33 | ||
| Reclassifications | – | – | ||
| Foreign currency translation differences | 262 | –995 | ||
| Balance as at end of period | 18 126 | 18 201 | ||
Contracts that do not contain significant insurance risk and do not have discretionary participation features are carried at amortised cost or fair value.