Atos - Registration Document 2016

F Risks analysis [G4-14] F.6 Claims and litigation

Insurance

F.5.3

Global insurance policies have been taken out with reliable total Group revenue. total cost of these policies in 2016 represented circa 0.16% of appropriate insurance coverage for its worldwide operations. The international insurance companies, providing the Group with Interruption insurance. In 2014, the Property Damage and insurance and on April 1 for Property Damage and Business managed centrally at renewal on January 1 for Liability The most important global insurance programs are bought and were both renewed for limits respectively of € 200 million and Business Interruption policy and Professional Indemnity policies € 150 million. Several additional policies cover insurable and risk exposures. maintained at cover limits commensurate with the Group’s size business risks such as general liabilities or car fleet, and are Deductible retentions are used both to promote good risk level of premiums. management practices and to control the quantity of claims and local regulations, customs and practice. These include Each country also contracts insurance policies in accordance with employers’ liability, workers compensation and employee travel.

some layers of the property policy and professional indemnity Atos’ wholly-owned reinsurance company provides insurance for operations. policies, which are the most critical policies for the Group’s to quality risk management processes deployed at all key Insurable losses are not a frequent occurrence. This is partly due mandatory process of risk management is used as described in damage or loss. In offers and contracts a uniform and events as well as ensuring business continuity in the event of locations to protect assets from fire and other unexpected previous chapter. Atos reinsurance company who maintains adequate net equity Risks are also monitored by the Underwriting Committee of the surveys and analysis to monitor the relevance of Atos’ insurance reinsurer. The Underwriting Committee also carries out regular risks, and ensures a satisfying diversification of external and technical reserves commensurate with the level of insured cover.

Claims and litigation F.6

number of claims or actions made involving the Group. Having there are no claims, and in others there are only a very small countries. In many of the countries where the Group operates The Atos Group is a global business operating in some 72 litigation remains low. regards to the Group’ size and revenue, the level of claims and which effectively monitors contract management from offering intervention of a fully dedicated Risk Management department, quality of the services performed by the Group and the self-insurance incentives and the vigorous promotion of the All potential and active claims and disputes are carefully through delivery and provides early warnings on potential issues. The low level of claims and litigation is attributable in part to

are subject to legal reviews by the Group Legal Department. monitored, reported and managed in an appropriate manner and to the Group. against the Group were successfully resolved in terms favorable During the second half of 2016, some significant claims made Group Management considers that sufficient provisions have been made. (including tax claims but excluding labour claims). for the identified claims and litigations, added up to € 53 million consolidated accounts closed as of December 31, 2016, to cover The total amount of the provisions for litigation risks, in the

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