NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS 151 31 Insurance benefits Insurance benefits in Property/Casualty *) comprise the following: Insurance benefits in Life/Health *) comprise the following: The figures for the reporting year include interest expenses for cer- tificated liabilities of Allianz Finance B. V.  ¤ 288 (2002: 363; 2001: 0) mn and Allianz Finance II B. V.  ¤ 171(2002: 80; 2001: 0) mn. 32 Interest and similar expenses *) After eliminating intra-Group transactions between segments 2003 2002 2001 ¤ mn ¤ mn ¤ mn Interest expenses for  deposits – 2,859 – 3,533 – 610 certificated liabilities – 1,764 – 4,480 – 4,607 Subtotal – 4,623 – 8,013 – 5,217 Other interest expenses – 1,814 – 2,638 – 2,644 Total –6,437 –10,651 – 7,861 Gross Ceded in reinsurance Net 2003 2002 2001 2003 2002 2001 2003 2002 2001 ¤ mn ¤ mn ¤ mn ¤ mn ¤ mn ¤ mn ¤ mn ¤ mn ¤ mn Benefits paid – 18,353 – 16,689 – 15,576 1,268 1,148 1,135 – 17,085 – 15,541 – 14,441 Change in reserves Aggregate policy reserves – 5,219 – 5,805 – 6,526 – 140 – 145 231 – 5,359 – 5,950 – 6,295 Other – 376 – 453 – 196 45 205 122 – 331 – 248 – 74 Subtotal – 23,948 – 22,947 – 22,298 1,173 1,208 1,488 – 22,775 – 21,739 – 20,810 Expenses for premium refunds – 1,071 – 325 – 1,873 16 18 4 – 1,055 – 307 – 1,869 Total – 25,019 – 23,272 – 24,171 1,189 1,226 1,492 – 23,830 – 22,046 – 22,679 Gross Ceded in reinsurance Net 2003 2002 2001 2003 2002 2001 2003 2002 2001 ¤ mn ¤ mn ¤ mn ¤ mn ¤ mn ¤ mn ¤ mn ¤ mn ¤ mn Claims Claims paid – 29,048 – 30,055 – 29,966 4,033 5,270 5,609 – 25,015 – 24,785 – 24,357 Change in reserves for loss and loss  adjustment expenses 429 – 2,659 – 5,871 – 1,405 – 332 2,857 – 976 – 2,991 – 3,014 Subtotal – 28,619 – 32,714 – 35,837 2,628 4,938 8,466 – 25,991 – 27,776 – 27,371  Change in other reserves Aggregate policy reserves – 239 – 274 – 428 38 1 227 – 201 – 273 – 201 Other – 75 84 227 4 – 9 15 – 71 75 242 Subtotal –314 –190 –201 42 –8 242 –272 –198 41 Expenses for premium refunds 57 – 236 – 167 3 27 22 60 – 209 – 145 Total – 28,876 – 33,140 – 36,205 2,673 4,957 8,730 – 26,203 – 28,183 – 27,475