Document ID: chunk:federal_register_of_legislation:F2023L00718:reg:10
Version: federal_register_of_legislation:F2023L00718
Segment Type: reg
Provision Reference: reg 10
Character Range: 27771–29073

10  Gross IBNR / IBNER (Net of Non-Reinsurance Recoveries)                  Whole dollars                        Report the value of gross IBNR / IBNER (net of non-reinsurance recoveries).

                                                                                                                 Insurers must report this item:

                                                                                                                     * as the balance outstanding at the relevant date;
                                                                                                                     * inflated and undiscounted;
                                                                                                                     * gross of reinsurance recoveries;
                                                                                                                     * net of non-reinsurance recoveries;
                                                                                                                     * excluding claims handling expenses; and
                                                                                                                     * as the central estimate only (i.e. do not include a risk margin).