Document ID: chunk:federal_register_of_legislation:F2023L00718:reg:9
Version: federal_register_of_legislation:F2023L00718
Segment Type: reg
Provision Reference: reg 9
Character Range: 37590–38902

9   Net IBNR / IBNER (Net of Reinsurance And Non-Reinsurance Recoveries)    Whole dollars                        Repot the value of net IBNR / IBNER (net of reinsurance and non-reinsurance recoveries).

                                                                                                                 Insurers must report this item:

                                                                                                                     * as the balance outstanding at the relevant date;
                                                                                                                     * inflated and undiscounted;
                                                                                                                     * net 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).