The following information is part of the consolidated financial statements as of 31 December 2003, which were audited and issued with an unqualified certificate by KPMG Deutsche Treuhand AG, Wirtschaftprüfungsgesellschaft.

The following are the components of other assets related to insurance business:

 
in € m. Dec 31, 2003 Dec 31, 2002
Investment under unit-linked business 7,967 7,514
Deferred acquisition costs 21 17
Other 261 266
Total other assets related to insurance business 8,249 7,797

All other assets of the Group's insurance business, primarily securities available for sale , are included in the respective line item on the Consolidated Balance Sheet.

The following are the components of insurance policy claims and reserves:

 
in € m. Dec 31, 2003 Dec 31, 2002
Benefit reserves 437 418
Reserve for unit-linked business 7,967 7,514
Other insurance provisions and liabilities 667 625
Total insurance policy claims and reserves 9,071 8,557