Document ID: chunk:federal_register_of_legislation:F2023L00726:body:0:p14
Version: federal_register_of_legislation:F2023L00726
Segment Type: other
Provision Reference: 
Character Range: 34584–37498

claims for the current reporting period for Australian business (3), International business (10) and Inter-region elimination (17). Column 24 for Total business is a derived column representing the sum of Columns 3, 10 and 17.

                         Report this item in accordance with AASB 17.100 (c) Disclosure.
Column 4, 11, 18 and 25  For contracts measured under PAA, report estimates of the present value of the future cash flows of assets for incurred claims for the current reporting period for Australian business (4), International business (11) and Inter-region elimination (18). Column 25 for Total business is a derived column representing the sum of Columns 4, 11 and 18.

                         Report this item in accordance with AASB 17.100 (c) (i) Disclosure.
Column 5, 12, 19 and 26  For contracts measured under PAA, report the risk adjustment for non-financial risk of assets for incurred claims for the current reporting period for Australian business (5), International business (12) and Inter-region elimination (19). Column 26 for Total business is a derived column representing the sum of Columns 5, 12 and 19.

                         Report this item in accordance with AASB 17 Appendix A and AASB 17.100 (c) (ii) Disclosure.
Column 6, 13, 20 and 27  Report assets for insurance acquisition cash flows recognised applying AASB 17 paragraph 28B for the current reporting period for Australian business (6), International business (13) and Inter-region elimination (20). Column 27 for Total business is a derived column representing the sum of Columns 6, 13 and 20.

                         Report this item in accordance with AASB 17 Appendix A Defined terms, AASB 17.105A Disclosure and AASB 17.105B Disclosure.

                         Based on the insurer's interpretation of AASB 17.105A, this item may not apply.
Column 7, 14, 21 and 28  Column 7, total current reporting period for Australian business is a derived column and is calculated as the sum of columns 1 to 6. Column 14, total current reporting period for International business is a derived column and is calculated as the sum of columns 8 to 13. Column 21, total current reporting period for Inter-region elimination is a derived column and is calculated as the sum of columns 15 to 20. Column 28, for total current reporting period, for Total business is a derived column and is calculated as the sum of columns 22 to 27.

Item 1: Opening reinsurance contract assets
Item 1  Report opening reinsurance contract assets.

        Report this item in accordance with AASB 17 Appendix A and AASB 17.99 (b) Disclosure.

Item 2: Opening reinsurance contract liabilities
Item 2  Report opening reinsurance contract liabilities.

        Report this item in accordance with AASB 17 Appendix A and AASB 17.99 (b) Disclosure.

Item 3: Net balance as at beginning of reporting period
Item 3  Item 3, net balance