{"id":"F2023L00707","name":"Financial Sector (Collection of Data) (reporting standard) determination No. 110 of 2023","slug":"financial-sector-collection-of-data-reporting-standard-determination-no-110-of-2023","collection":"legislative_instrument","jurisdiction":"commonwealth","status":"in_force","isInForce":true,"actNumber":null,"makingDate":null,"administeringDepartment":null,"currentVersion":{"id":104422,"registerId":"commonwealth-F2023L00707-current","compilationNumber":null,"startDate":"2026-04-03","status":"InForce","reasons":null,"registeredAt":null},"sections":[{"sectionNumber":"Reporting Standard HRS 320.0","sectionType":"part","heading":"Reporting Standard HRS 320.0","content":"![Commonwealth Coat of Arms of Australia](image.001.png)\n\n# Reporting Standard HRS 320.0\n\n# Liability Roll Forwards\n\n## Objective of this Reporting Standard\n\nThis Reporting Standard sets out requirements for the provision of information to APRA relating to a private health insurer’s reconciliations of insurance contract liabilities required by AASB 17 Insurance Contracts. It includes associated specific instructions.\n\n### Authority\n\n    This Reporting Standard is made under section 13 of the Financial Sector (Collection of Data) Act 2001.\n\n### Purpose\n\n    2. The information reported to APRA under this Reporting Standard is used by APRA for the purpose of prudential supervision including assessing compliance with capital standards.\n\n### Application and commencement\n\n    3. This Reporting Standard applies to all private health insurers. This Reporting Standard applies for reporting periods ending on or after 1 July 2023.\n\n### Information required\n\n    4. A private health insurer must provide APRA with the information required by this Reporting Standard for each reporting period.\n\n### Method of submission\n\n    5. The information required by this Reporting Standard must be given to APRA:\n    (a) in electronic format using an electronic method available on APRA’s website; or\n    (b) by a method notified by APRA prior to submission.\n\n### Reporting periods and due dates\n\n    6. Subject to paragraph 7, a private health insurer must provide the information required by this Reporting Standard:\n    (a) in respect of the first half-year ending 31 December; and\n    (b) in respect of each financial year ending 30 June.\n    7. If, having regard to the particular circumstances of a private health insurer, APRA considers it necessary or desirable to obtain information more or less frequently than as provided by subparagraph 6(a) or 6(b), APRA may, by notice in writing, change the reporting periods, or specify reporting periods, for the particular private health insurer.\n    8. The information required by this Reporting Standard must be provided to APRA:\n\n(a) in the case of half-yearly information, within 20 business days after the end of the reporting period to which the information relates;\n\n(b) in the case of annual information, by 30 September each year; or\n\n(c) in the case of information provided in accordance with paragraph 7, within the time specified by notice in writing.\n\n    9. APRA may, in writing, grant a private health insurer an extension of a due date, in which case the new due date will be the date on the notice of extension.\n\nNote: For the avoidance of doubt, if the due date for a particular reporting period falls on a day other than a usual business day, a private health insurer is nonetheless required to submit the information required no later than the due date.\n\n### Quality control\n\n    10. All information provided by a private health insurer under this Reporting Standard must be subject to systems, processes and controls developed by the private health insurer for the internal review and authorisation of that information. It is the responsibility of the Board and senior management of the private health insurer to ensure that an appropriate set of policies and procedures for the authorisation of information submitted to APRA is in place.\n\n### Annual audit requirements\n\n    11. The information submitted for the purposes of paragraph 8(b) is to be subject to external audit to ensure consistency with the private health insurer’s statutory financial accounts and faithful application of the capital standards.\n\n    12. Audit certification and opinion must be provided to APRA by 30 September each year.\n\n    13. If a private health insurer received a qualified auditor’s report for a private health insurer for the year previous to the year for which the report is provided, the report for the year for which the report is provided must state whether the auditor has examined the issues identified and is satisfied that the private health insurer has taken the appropriate steps to rectify the matters raised in the previous report.\n\n    14. The auditor’s report must:\n\n    (a) state details of the program adopted to carry out the audit; and\n\n    (b) include the name of, and be signed by, the auditor who takes responsibility for the accuracy of the report.\n\n### Authorisation\n\n    15. A person who submits the information required under this Reporting Standard must be suitably authorised by an officer of the private health insurer.\n\n### Variations\n\n    16. APRA may, in writing, vary the reporting requirements of this Reporting Standard in relation to a private health insurer.\n\n### Interpretation\n\n    17. In this Reporting Standard:\n\n(a) unless the contrary intention appears, words and expressions have the meanings given to them in Prudential Standard HPS 001 Definitions (HPS 001); and\n\n(b) the following definitions are applicable:\n\nAASB references relate to the Australian Accounting Standards made by the Australian Accounting Standards Board;\n\nAPRA means the Australian Prudential Regulation Authority established under the Australian Prudential Regulation Authority Act 1998;\n\ncapital standards means the prudential standards which relate to capital adequacy as defined in HPS 001;\n\nofficer has the same meaning as in the Private Health Insurance (Prudential Supervision) Act 2015;\n\nprivate health insurer has the same meaning as in the Private Health Insurance (Prudential Supervision) Act 2015; and\n\nreporting period means a period mentioned in paragraph 6 or, if applicable, paragraph 7.\n\n    18. Unless the contrary intention appears, a reference to an Act, Prudential Standard, Reporting Standard, Australian Accounting or Auditing Standard is a reference to the instrument as in force from time to time.","sortOrder":0},{"sectionNumber":"Liability Roll Forwards","sectionType":"part","heading":"Liability Roll Forwards","content":"![Commonwealth Coat of Arms of Australia](image.001.png)\n\n# Reporting Standard HRS 320.0\n\n# Liability Roll Forwards\n\n## Objective of this Reporting Standard\n\nThis Reporting Standard sets out requirements for the provision of information to APRA relating to a private health insurer’s reconciliations of insurance contract liabilities required by AASB 17 Insurance Contracts. It includes associated specific instructions.\n\n### Authority\n\n    This Reporting Standard is made under section 13 of the Financial Sector (Collection of Data) Act 2001.\n\n### Purpose\n\n    2. The information reported to APRA under this Reporting Standard is used by APRA for the purpose of prudential supervision including assessing compliance with capital standards.\n\n### Application and commencement\n\n    3. This Reporting Standard applies to all private health insurers. This Reporting Standard applies for reporting periods ending on or after 1 July 2023.\n\n### Information required\n\n    4. A private health insurer must provide APRA with the information required by this Reporting Standard for each reporting period.\n\n### Method of submission\n\n    5. The information required by this Reporting Standard must be given to APRA:\n    (a) in electronic format using an electronic method available on APRA’s website; or\n    (b) by a method notified by APRA prior to submission.\n\n### Reporting periods and due dates\n\n    6. Subject to paragraph 7, a private health insurer must provide the information required by this Reporting Standard:\n    (a) in respect of the first half-year ending 31 December; and\n    (b) in respect of each financial year ending 30 June.\n    7. If, having regard to the particular circumstances of a private health insurer, APRA considers it necessary or desirable to obtain information more or less frequently than as provided by subparagraph 6(a) or 6(b), APRA may, by notice in writing, change the reporting periods, or specify reporting periods, for the particular private health insurer.\n    8. The information required by this Reporting Standard must be provided to APRA:\n\n(a) in the case of half-yearly information, within 20 business days after the end of the reporting period to which the information relates;\n\n(b) in the case of annual information, by 30 September each year; or\n\n(c) in the case of information provided in accordance with paragraph 7, within the time specified by notice in writing.\n\n    9. APRA may, in writing, grant a private health insurer an extension of a due date, in which case the new due date will be the date on the notice of extension.\n\nNote: For the avoidance of doubt, if the due date for a particular reporting period falls on a day other than a usual business day, a private health insurer is nonetheless required to submit the information required no later than the due date.\n\n### Quality control\n\n    10. All information provided by a private health insurer under this Reporting Standard must be subject to systems, processes and controls developed by the private health insurer for the internal review and authorisation of that information. It is the responsibility of the Board and senior management of the private health insurer to ensure that an appropriate set of policies and procedures for the authorisation of information submitted to APRA is in place.\n\n### Annual audit requirements\n\n    11. The information submitted for the purposes of paragraph 8(b) is to be subject to external audit to ensure consistency with the private health insurer’s statutory financial accounts and faithful application of the capital standards.\n\n    12. Audit certification and opinion must be provided to APRA by 30 September each year.\n\n    13. If a private health insurer received a qualified auditor’s report for a private health insurer for the year previous to the year for which the report is provided, the report for the year for which the report is provided must state whether the auditor has examined the issues identified and is satisfied that the private health insurer has taken the appropriate steps to rectify the matters raised in the previous report.\n\n    14. The auditor’s report must:\n\n    (a) state details of the program adopted to carry out the audit; and\n\n    (b) include the name of, and be signed by, the auditor who takes responsibility for the accuracy of the report.\n\n### Authorisation\n\n    15. A person who submits the information required under this Reporting Standard must be suitably authorised by an officer of the private health insurer.\n\n### Variations\n\n    16. APRA may, in writing, vary the reporting requirements of this Reporting Standard in relation to a private health insurer.\n\n### Interpretation\n\n    17. In this Reporting Standard:\n\n(a) unless the contrary intention appears, words and expressions have the meanings given to them in Prudential Standard HPS 001 Definitions (HPS 001); and\n\n(b) the following definitions are applicable:\n\nAASB references relate to the Australian Accounting Standards made by the Australian Accounting Standards Board;\n\nAPRA means the Australian Prudential Regulation Authority established under the Australian Prudential Regulation Authority Act 1998;\n\ncapital standards means the prudential standards which relate to capital adequacy as defined in HPS 001;\n\nofficer has the same meaning as in the Private Health Insurance (Prudential Supervision) Act 2015;\n\nprivate health insurer has the same meaning as in the Private Health Insurance (Prudential Supervision) Act 2015; and\n\nreporting period means a period mentioned in paragraph 6 or, if applicable, paragraph 7.\n\n    18. Unless the contrary intention appears, a reference to an Act, Prudential Standard, Reporting Standard, Australian Accounting or Auditing Standard is a reference to the instrument as in force from time to time.","sortOrder":1},{"sectionNumber":"Objective of this Reporting Standard","sectionType":"part","heading":"Objective of this Reporting Standard","content":"## Objective of this Reporting Standard\n\nThis Reporting Standard sets out requirements for the provision of information to APRA relating to a private health insurer’s reconciliations of insurance contract liabilities required by AASB 17 Insurance Contracts. It includes associated specific instructions.","sortOrder":2},{"sectionNumber":"Authority","sectionType":"division","heading":"Authority","content":"### Authority\n\n    This Reporting Standard is made under section 13 of the Financial Sector (Collection of Data) Act 2001.","sortOrder":3},{"sectionNumber":"Purpose","sectionType":"division","heading":"Purpose","content":"### Purpose\n\n    2. The information reported to APRA under this Reporting Standard is used by APRA for the purpose of prudential supervision including assessing compliance with capital standards.","sortOrder":4},{"sectionNumber":"Application and commencement","sectionType":"division","heading":"Application and commencement","content":"### Application and commencement\n\n    3. This Reporting Standard applies to all private health insurers. This Reporting Standard applies for reporting periods ending on or after 1 July 2023.","sortOrder":5},{"sectionNumber":"Information required","sectionType":"division","heading":"Information required","content":"### Information required\n\n    4. A private health insurer must provide APRA with the information required by this Reporting Standard for each reporting period.","sortOrder":6},{"sectionNumber":"Method of submission","sectionType":"division","heading":"Method of submission","content":"### Method of submission\n\n    5. The information required by this Reporting Standard must be given to APRA:\n    (a) in electronic format using an electronic method available on APRA’s website; or\n    (b) by a method notified by APRA prior to submission.","sortOrder":7},{"sectionNumber":"Reporting periods and due dates","sectionType":"division","heading":"Reporting periods and due dates","content":"### Reporting periods and due dates\n\n    6. Subject to paragraph 7, a private health insurer must provide the information required by this Reporting Standard:\n    (a) in respect of the first half-year ending 31 December; and\n    (b) in respect of each financial year ending 30 June.\n    7. If, having regard to the particular circumstances of a private health insurer, APRA considers it necessary or desirable to obtain information more or less frequently than as provided by subparagraph 6(a) or 6(b), APRA may, by notice in writing, change the reporting periods, or specify reporting periods, for the particular private health insurer.\n    8. The information required by this Reporting Standard must be provided to APRA:\n\n(a) in the case of half-yearly information, within 20 business days after the end of the reporting period to which the information relates;\n\n(b) in the case of annual information, by 30 September each year; or\n\n(c) in the case of information provided in accordance with paragraph 7, within the time specified by notice in writing.\n\n    9. APRA may, in writing, grant a private health insurer an extension of a due date, in which case the new due date will be the date on the notice of extension.\n\nNote: For the avoidance of doubt, if the due date for a particular reporting period falls on a day other than a usual business day, a private health insurer is nonetheless required to submit the information required no later than the due date.","sortOrder":8},{"sectionNumber":"Quality control","sectionType":"division","heading":"Quality control","content":"### Quality control\n\n    10. All information provided by a private health insurer under this Reporting Standard must be subject to systems, processes and controls developed by the private health insurer for the internal review and authorisation of that information. It is the responsibility of the Board and senior management of the private health insurer to ensure that an appropriate set of policies and procedures for the authorisation of information submitted to APRA is in place.","sortOrder":9},{"sectionNumber":"Annual audit requirements","sectionType":"division","heading":"Annual audit requirements","content":"### Annual audit requirements\n\n    11. The information submitted for the purposes of paragraph 8(b) is to be subject to external audit to ensure consistency with the private health insurer’s statutory financial accounts and faithful application of the capital standards.\n\n    12. Audit certification and opinion must be provided to APRA by 30 September each year.\n\n    13. If a private health insurer received a qualified auditor’s report for a private health insurer for the year previous to the year for which the report is provided, the report for the year for which the report is provided must state whether the auditor has examined the issues identified and is satisfied that the private health insurer has taken the appropriate steps to rectify the matters raised in the previous report.\n\n    14. The auditor’s report must:\n\n    (a) state details of the program adopted to carry out the audit; and\n\n    (b) include the name of, and be signed by, the auditor who takes responsibility for the accuracy of the report.","sortOrder":10},{"sectionNumber":"Authorisation","sectionType":"division","heading":"Authorisation","content":"### Authorisation\n\n    15. A person who submits the information required under this Reporting Standard must be suitably authorised by an officer of the private health insurer.","sortOrder":11},{"sectionNumber":"Variations","sectionType":"division","heading":"Variations","content":"### Variations\n\n    16. APRA may, in writing, vary the reporting requirements of this Reporting Standard in relation to a private health insurer.","sortOrder":12},{"sectionNumber":"Interpretation","sectionType":"division","heading":"Interpretation","content":"### Interpretation\n\n    17. In this Reporting Standard:\n\n(a) unless the contrary intention appears, words and expressions have the meanings given to them in Prudential Standard HPS 001 Definitions (HPS 001); and\n\n(b) the following definitions are applicable:\n\nAASB references relate to the Australian Accounting Standards made by the Australian Accounting Standards Board;\n\nAPRA means the Australian Prudential Regulation Authority established under the Australian Prudential Regulation Authority Act 1998;\n\ncapital standards means the prudential standards which relate to capital adequacy as defined in HPS 001;\n\nofficer has the same meaning as in the Private Health Insurance (Prudential Supervision) Act 2015;\n\nprivate health insurer has the same meaning as in the Private Health Insurance (Prudential Supervision) Act 2015; and\n\nreporting period means a period mentioned in paragraph 6 or, if applicable, paragraph 7.\n\n    18. Unless the contrary intention appears, a reference to an Act, Prudential Standard, Reporting Standard, Australian Accounting or Auditing Standard is a reference to the instrument as in force from time to time.","sortOrder":13},{"sectionNumber":"General instructions","sectionType":"part","heading":"General instructions","content":"## General instructions\n\nThese instructions assist completion of the Reporting Standard HRS 320.0 Liability Roll Forwards, which collects information relating to reconciliations of insurance contract liabilities required by AASB 17 Insurance Contracts (AASB 17). These instructions also apply to roll forwards of assets for insurance acquisition cash flows and reinsurance contracts held.","sortOrder":16},{"sectionNumber":"Reporting tables","sectionType":"division","heading":"Reporting tables","content":"### Reporting tables\n\nTables described in this reporting standard list each of the data fields required to be reported. The data fields are listed sequentially in the column order that they will appear in the reported data set. Constraints on the data that can be reported for each field have also been provided.","sortOrder":17},{"sectionNumber":"General accounting basis","sectionType":"division","heading":"General accounting basis","content":"### General accounting basis\n\nUnless otherwise specifically stated, reporting insurers are to report in accordance with the relevant Australian Accounting Standards.","sortOrder":18},{"sectionNumber":"References to Australian Accounting Stan","sectionType":"division","heading":"References to Australian Accounting Standards","content":"### References to Australian Accounting Standards\n\nEach item reported under this Reporting Standard aligns with the Accounting Standards made by the Australian Accounting Standards Board (AASB). The applicable AASB references are specified with each item. AASB reference provides a written description of the accounting meaning of an IFRS Taxonomy element.","sortOrder":19},{"sectionNumber":"IFRS taxonomy element reference","sectionType":"division","heading":"IFRS taxonomy element reference","content":"### IFRS taxonomy element reference\n\nEach IFRS taxonomy element contains at least one cross-reference to an AASB Standard (that incorporates IFRS 17 Standards as issued and amended by the International Accounting Standards Board) and has a reference type that can be used to identify the source of that element. The IFRS Taxonomy uses the following element reference types:\n\n    (a) disclosure—an element of this type depicts a presentation or disclosure requirement of an IFRS/AASB Standard;\n    (b) example—an element of this type represents an example provided in an IFRS/AASB Standard or its accompanying materials; and\n    (a) common practice—an element of this type reflects common reporting practice within IFRS/AASB financial statements. They are not specifically mentioned in IFRS/AASB Standards or their accompanying materials, but are consistent with IFRS/AASB Standards. They have been found to be frequently disclosed across a range of companies and accounting jurisdictions.","sortOrder":20},{"sectionNumber":"Definitions","sectionType":"division","heading":"Definitions","content":"### Definitions\n\nTerms highlighted in bold italics indicate that the definition is provided in this Reporting Standard.","sortOrder":21},{"sectionNumber":"Specific instructions","sectionType":"part","heading":"Specific instructions","content":"# Reporting Standard HRS 320.0\n\n# Liability Roll Forwards\n\n## General instructions\n\nThese instructions assist completion of the Reporting Standard HRS 320.0 Liability Roll Forwards, which collects information relating to reconciliations of insurance contract liabilities required by AASB 17 Insurance Contracts (AASB 17). These instructions also apply to roll forwards of assets for insurance acquisition cash flows and reinsurance contracts held.\n\n### Reporting tables\n\nTables described in this reporting standard list each of the data fields required to be reported. The data fields are listed sequentially in the column order that they will appear in the reported data set. Constraints on the data that can be reported for each field have also been provided.\n\n### General accounting basis\n\nUnless otherwise specifically stated, reporting insurers are to report in accordance with the relevant Australian Accounting Standards.\n\n### References to Australian Accounting Standards\n\nEach item reported under this Reporting Standard aligns with the Accounting Standards made by the Australian Accounting Standards Board (AASB). The applicable AASB references are specified with each item. AASB reference provides a written description of the accounting meaning of an IFRS Taxonomy element.\n\n### IFRS taxonomy element reference\n\nEach IFRS taxonomy element contains at least one cross-reference to an AASB Standard (that incorporates IFRS 17 Standards as issued and amended by the International Accounting Standards Board) and has a reference type that can be used to identify the source of that element. The IFRS Taxonomy uses the following element reference types:\n\n    (a) disclosure—an element of this type depicts a presentation or disclosure requirement of an IFRS/AASB Standard;\n    (b) example—an element of this type represents an example provided in an IFRS/AASB Standard or its accompanying materials; and\n    (a) common practice—an element of this type reflects common reporting practice within IFRS/AASB financial statements. They are not specifically mentioned in IFRS/AASB Standards or their accompanying materials, but are consistent with IFRS/AASB Standards. They have been found to be frequently disclosed across a range of companies and accounting jurisdictions.\n\n### Definitions\n\nTerms highlighted in bold italics indicate that the definition is provided in this Reporting Standard.\n\n## Specific instructions\n\n### Reporting basis\n\nInformation in this Reporting Standard is to be completed by private health insurers for each reporting period on a private health insurer basis.\n\n### Units of measurement\n\nReport values in this Reporting Standard in whole Australian dollars (AUD).\n\nConvert amounts denominated in foreign currency to AUD in accordance with AASB 121 The Effects of Changes in Foreign Exchange Rates.\n\nDirect business is any insurance business written / insurance contracts issued by the reporting insurer.\n\nInwards reinsurance is any reinsurance business written / reinsurance contracts issued by the reporting insurer.\n\n  \n\n  \n\n## Part A: Insurance contracts issued (direct business/inwards reinsurance)\n\n### Liability Roll Forward 1 – Reconciliation of the liability for remaining coverage and the liability for incurred claims\n\nReport the items in the table based on AASB 17.100 requirements to provide reconciliation from the opening to the closing balances of the liabilities for remaining coverage (LRC) and liabilities for incurred claims (LIC). Report the reconciliation from the opening to the closing balance of assets for insurance acquisition cash flows based on the insurer’s interpretation of AASB 17.105A and AASB 17.105B requirements.\n\nReport zero values for line items if they are not applicable.\n\n| Column 1 | Report liabilities for remaining coverage excluding loss component for the current reporting period.Where a group of contracts meets the requirements under AASB 17.20, report these contracts in this column.Report this item in accordance with AASB 17 Appendix A and AASB 17.100 (a) Disclosure.                                    |\n| -------- | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- |\n| Column 2 | Report the loss component of liabilities for remaining coverage for the current reporting period.Report this item in accordance with AASB 17 Appendix A and AASB 17.100 (b) Disclosure.                                                                                                                                                 |\n| Column 3 | Report liabilities for incurred claims from contracts not measured under the Premium Allocation Approach (PAA) for the current reporting period.Report this item in accordance with AASB 17 Appendix A and AASB 17.100 (c) Disclosure.                                                                                                  |\n| Column 4 | For liabilities for incurred claims from contracts measured under the PAA, report estimates of the present value of the future cash flows for the current reporting period.Report this item in accordance with AASB 17 Appendix A and AASB 17.100 (c) (i) Disclosure.                                                                   |\n| Column 5 | For liabilities for incurred claims from contracts measured under PAA, report the risk adjustment for non-financial risk for the current reporting period.Report this item in accordance with AASB 17 Appendix A and AASB 17.100 (c) (ii) Disclosure.                                                                                   |\n| Column 6 | Report assets for insurance acquisition cash flows recognised applying AASB 17 paragraph 28B for the current reporting period.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. |\n| Column 7 | Column 7, total current reporting period, is a derived column and is calculated as the sum of columns 1 to 6.                                                                                                                                                                                                                           |\n\nItem 1: Opening insurance contract liabilities\n\n| Item 1 | Report opening insurance contract liabilities.Report this item in accordance with AASB 17 Appendix A and AASB 17.99 (b) Disclosure. |\n| ------ | ----------------------------------------------------------------------------------------------------------------------------------- |\n\nItem 2: Opening insurance contract assets\n\n| Item 2 | Report opening insurance contract assets.Report this item in accordance with AASB 17 Appendix A and AASB 17.99 (b) Disclosure. |\n| ------ | ------------------------------------------------------------------------------------------------------------------------------ |\n\nItem 3: Net balance as at beginning of reporting period\n\n| Item 3 | Item 3, net balance as at beginning of reporting period, is a derived item and is calculated as the sum of item 1 and item 2. |\n| ------ | ----------------------------------------------------------------------------------------------------------------------------- |\n\n### Changes in the statement of profit or loss and other comprehensive income (OCI)\n\nItem 4: Insurance revenue\n\n| Item 4 | Report insurance revenue.Report this item in accordance with AASB 17.103 (a) Disclosure. |\n| ------ | ---------------------------------------------------------------------------------------- |\n\n#### Items 5-11: Insurance service expenses\n\n| Item 5  | Report incurred claims and other expenses.Report this item in accordance with AASB 17.103 (b) (i) Disclosure.                                                                                                                                                |\n| ------- | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------ |\n| Item 6  | Report insurance acquisition cash flows amortisation.Report this item in accordance with AASB 17.103 (b) (ii) Disclosure.                                                                                                                                    |\n| Item 7  | Report changes that relate to future service: losses on onerous contracts and reversals of those losses.Report this item in accordance with AASB 17.103 (b) (iv) Disclosure.                                                                                 |\n| Item 8  | Report changes that relate to past service: changes to liabilities for incurred claims.Report this item in accordance with AASB 17.103 (b) (iii) Disclosure.                                                                                                 |\n| Item 9  | Report impairment of assets for insurance acquisition cash flows.Report this item in accordance with AASB 17 Appendix A, AASB 17.105A and AASB 17.105B Disclosure.Based on the insurer’s interpretation of AASB 17.105A, this item may not apply.            |\n| Item 10 | Report reversal of impairment of assets for insurance acquisition cash flowsReport this item in accordance with AASB 17 Appendix A, AASB 17.105A and AASB 17.105B Disclosure.Based on the insurer’s interpretation of AASB 17.105A, this item may not apply. |\n| Item 11 | Item 11, total insurance service expenses, is a derived item and is calculated as the sum of items 5 to 10 inclusive.                                                                                                                                        |\n\n#### Item 12: Investment components and premium refunds\n\n| Item 12 | Report investment components and premium refunds.Report this item in accordance with AASB 17 Appendix A and AASB 17.103 (c) Disclosure.Premium refunds may also be netted against the premiums received as disclosed under AASB 17.105 (a) (i). |\n| ------- | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- |\n\n#### Item 13: Insurance service result\n\n| Item 13 | Item 13, insurance service result, is a derived item and is calculated as the sum of item 4, item 11 and item 12. |\n| ------- | ----------------------------------------------------------------------------------------------------------------- |\n\n#### Item 14: Finance expenses from insurance contracts issued\n\n| Item 14 | Report finance expenses from insurance contracts issued.Report this item in accordance with AASB 17 Appendix A and AASB 17.105 (c) Disclosure. |\n| ------- | ---------------------------------------------------------------------------------------------------------------------------------------------- |\n\n#### Item 15: Effect of movements in exchange rates\n\n| Item 15 | Report effect of movements in exchange rates.Report this item in accordance with AASB 17.105 (d) Disclosure. |\n| ------- | ------------------------------------------------------------------------------------------------------------ |\n\n#### Item 16: Total amounts recognised in the statement of profit or loss and OCI\n\n| Item 16 | Item 16, total amounts recognised in the statement of profit or loss and OCI, is a derived item and is calculated as the sum of items 13 to 15 inclusive. |\n| ------- | --------------------------------------------------------------------------------------------------------------------------------------------------------- |\n\n#### Cash flows\n\nReport items 17-20 based on AASB 17.98 and 17.105 (a) requirements.\n\n#### Items 17-20: Cash flows\n\n| Item 17 | Report premiums received.Report this item in accordance with AASB 17.105 (a) (i) Disclosure.                                                                        |\n| ------- | ------------------------------------------------------------------------------------------------------------------------------------------------------------------- |\n| Item 18 | Report claims and other expenses paid, including investment components.Report this item in accordance with AASB 17 Appendix A and AASB 17.105 (a) (iii) Disclosure. |\n| Item 19 | Report insurance acquisition cash flows.Report this item in accordance with AASB 17 Appendix A, AASB 17.105 (a) (ii) Disclosure and AASB 17.105A Disclosure.        |\n| Item 20 | Item 20, total cash flows, is a derived item and is calculated as the sum of items 17 to 19 inclusive.                                                              |\n\n#### Items 21-24: Other movements in the net balance\n\n| Item 21 | Report allocation from assets for insurance acquisition cash flows to groups of insurance contracts.Report this item in accordance with AASB 17 Appendix A and AASB 17.105A Disclosure.Based on the insurer’s interpretation of AASB 17.105A, this item may not apply. |\n| ------- | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- |\n| Item 22 | Report other movements in the net balance that are related to acquisitions/disposals/portfolio transfers.Report this item in accordance with AASB 17.105 (d) Disclosure.                                                                                               |\n| Item 23 | Report other movements in the net balance not reported at items 21 and 22.Report this item in accordance with AASB 17.105 (d) Disclosure.                                                                                                                              |\n| Item 24 | Item 24, other movements in the net balance, is a derived item and is calculated as the sum of items 21 to 23 inclusive.                                                                                                                                               |\n\n#### Item 25: Net balance as at end of reporting period\n\n| Item 25 | Item 25, net balance as at end of reporting period, is a derived item and is calculated as the sum of item 3, item 16, item 20 and item 24. |\n| ------- | ------------------------------------------------------------------------------------------------------------------------------------------- |\n\n#### Item 26: Closing insurance contract liabilities\n\n| Item 26 | Report closing insurance contract liabilities.Report this item in accordance with AASB 17 Appendix A and AASB 17.99 (b) Disclosure. |\n| ------- | ----------------------------------------------------------------------------------------------------------------------------------- |\n\n#### Item 27: Closing insurance contract assets\n\n| Item 27 | Report closing insurance contract assets.Report this item in accordance with AASB 17 Appendix A and AASB 17.99 (b) Disclosure. |\n| ------- | ------------------------------------------------------------------------------------------------------------------------------ |\n\n#### Item 28: Net balance as at end of reporting period\n\n| Item 28 | Item 28, net balance as at end of reporting period, is a derived item and is calculated as the sum of item 26 and item 27. |\n| ------- | -------------------------------------------------------------------------------------------------------------------------- |\n\n### Liability Roll Forward 2 – Reconciliation of the measurement components of insurance contract balances\n\nFor contracts not measured under the PAA, report the items in the table based on AASB 17.101 requirements.\n\nReport zero values for line items if they are not applicable.\n\n| Column 1 | Report estimates of the present value of the future cash flows for the current reporting period.Report this item in accordance with AASB 17.101 (a) Disclosure.           |\n| -------- | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------- |\n| Column 2 | Report the risk adjustment for non-financial risk for the current reporting period.Report this item in accordance with AASB 17 Appendix A and AASB 17.101 (b) Disclosure. |\n| Column 3 | Report the contractual service margin (CSM) for the current reporting period.Report this item in accordance with AASB 17 Appendix A and AASB 17.101 (c) Disclosure.       |\n| Column 4 | Column 4, total current reporting period, is a derived column and is calculated as the sum of columns 1-3.                                                                |\n\n#### Item 1: Opening insurance contract liabilities\n\n| Item 1 | Report opening insurance contract liabilities.Report this item in accordance with AASB 17 Appendix A and AASB 17.99 (b) Disclosure. |\n| ------ | ----------------------------------------------------------------------------------------------------------------------------------- |\n\n#### Item 2: Opening insurance contract assets\n\n| Item 2 | Report opening insurance contract assets.Report this item in accordance with AASB 17 Appendix A and AASB 17.99 (b) Disclosure. |\n| ------ | ------------------------------------------------------------------------------------------------------------------------------ |\n\n#### Item 3: Net balance as at beginning of reporting period\n\n| Item 3 | Item 3, net balance as at beginning of reporting period, is a derived item and is calculated as the sum of item 1 and item 2. |\n| ------ | ----------------------------------------------------------------------------------------------------------------------------- |\n\n### Changes in the statement of profit or loss and OCI\n\n#### Items 4-7: Changes that relate to current services\n\n| Item 4 | Report CSM recognised for services provided.Report this item in accordance with AASB 17 Appendix A and AASB 17.104 (b) (i) Disclosure.                               |\n| ------ | -------------------------------------------------------------------------------------------------------------------------------------------------------------------- |\n| Item 5 | Report change in risk adjustment for non-financial risk for risk expired.Report this item in accordance with AASB 17 Appendix A and AASB 17.104 (b) (ii) Disclosure. |\n| Item 6 | Report experience adjustments.Report this item in accordance with AASB 17 Appendix A and AASB 17.104 (b) (iii) Disclosure.                                           |\n| Item 7 | Item 7, total changes that relate to current services, is a derived item and is calculated as the sum of items 4 to 6 inclusive.                                     |\n\n#### Items 8-11: Changes that relate to future services\n\n| Item 8  | Report changes in estimates that adjust the CSM.Report this item in accordance with AASB 17 Appendix A and AASB 17.104 (a) (i) Disclosure.                                                                                  |\n| ------- | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- |\n| Item 9  | Report changes in estimates that do not adjust the CSM, i.e. losses on groups of onerous contracts and reversals of such losses.Report this item in accordance with AASB 17 Appendix A and AASB 17.104 (a) (ii) Disclosure. |\n| Item 10 | Report contracts initially recognised in the period.Report this item in accordance with AASB 17.104 (a) (iii) Disclosure.                                                                                                   |\n| Item 11 | Item 11, total changes that relate to future services, is a derived item and is calculated as the sum of items 8 to 10 inclusive.                                                                                           |\n\n#### Item 12: Changes that relate to past services - Changes to liabilities for incurred claims\n\n| Item 12 | Report changes that relate to past services - changes to liabilities for incurred claims.Report this item in accordance with AASB 17.104 (c) Disclosure. |\n| ------- | -------------------------------------------------------------------------------------------------------------------------------------------------------- |\n\n#### Item 13: Insurance service result\n\n| Item 13 | Item 13, insurance service result, is a derived item and is calculated as the sum of item 7, item 11 and item 12. |\n| ------- | ----------------------------------------------------------------------------------------------------------------- |\n\n#### Item 14: Finance expenses or income from insurance contracts issued\n\n| Item 14 | Report finance expenses or income from insurance contracts issued.Report this item in accordance with AASB 17 Appendix A and AASB 17.105 (c) Disclosure. |\n| ------- | -------------------------------------------------------------------------------------------------------------------------------------------------------- |\n\n#### Item 15: Effect of movements in exchange rates\n\n| Item 15 | Report effect of movements in exchange rates.Report this item in accordance with AASB 17.105 (d) Disclosure. |\n| ------- | ------------------------------------------------------------------------------------------------------------ |\n\n#### Item 16: Total amounts recognised in the statement of profit or loss and OCI\n\n| Item 16 | Item 16, total amounts recognised in the statement of profit or loss and OCI, is a derived item and is calculated as the sum of items 13 to 15 inclusive. |\n| ------- | --------------------------------------------------------------------------------------------------------------------------------------------------------- |\n\n### Cash flows\n\nReport items 17-20 based on AASB 17.98 and 17.105 (a) requirements.\n\n#### Item 17: Premiums received\n\n| Item 17 | Report premiums received for insurance contracts issued.Report this item in accordance with AASB 17 Appendix A and AASB 17.105 (a) (i) Disclosure. |\n| ------- | -------------------------------------------------------------------------------------------------------------------------------------------------- |\n\n#### Item 18: Claims and other expenses paid\n\n| Item 18 | Report claims and other expenses paid.Report this item in accordance with AASB 17.105 (a) (iii) Disclosure. |\n| ------- | ----------------------------------------------------------------------------------------------------------- |\n\n#### Item 19: Insurance acquisition cash flows paid\n\n| Item 19 | Report insurance acquisition cash flows paid.Report this item in accordance with AASB 17 Appendix A and AASB 17.105 (a) (ii) Disclosure. |\n| ------- | ---------------------------------------------------------------------------------------------------------------------------------------- |\n\n#### Item 20: Total cash flows\n\n| Item 20 | Item 20, total cash flows, is a derived item and is calculated as the sum of items 17 to 19 inclusive. |\n| ------- | ------------------------------------------------------------------------------------------------------ |\n\n#### Items 21-24: Other movements in the net balance\n\n| Item 21 | Report allocation from assets for insurance acquisition cash flows to groups of insurance contracts.Report this item in accordance with AASB 17 Appendix A and AASB 17.105A Disclosure.Based on the insurer’s interpretation of AASB 17.105A, this item may not apply. |\n| ------- | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- |\n| Item 22 | Report other movements in the net balance that are related to acquisitions/disposals/portfolio transfers.Report this item in accordance with AASB 17.105 (d) Disclosure.                                                                                               |\n| Item 23 | Report other movements in the net balance not reported at items 21 and 22.Report this item in accordance with AASB 17.105 (d) Disclosure.                                                                                                                              |\n| Item 24 | Item 24, other movements in the net balance, is a derived item and is calculated as the sum of items 21 to 23 inclusive.                                                                                                                                               |\n\n#### Item 25: Net balance as at end of reporting period\n\n| Item 25 | Item 25, net balance as at end of reporting period, is a derived item and is calculated as the sum of item 3, item 16, item 20 and item 24. |\n| ------- | ------------------------------------------------------------------------------------------------------------------------------------------- |\n\n#### Items 26-28: Closing balances\n\n| Item 26 | Report closing insurance contract liabilities.Report this item in accordance with AASB 17 Appendix A and AASB 17.99 (b) Disclosure. |\n| ------- | ----------------------------------------------------------------------------------------------------------------------------------- |\n| Item 27 | Report closing insurance contract assets.Report this item in accordance with AASB 17 Appendix A and AASB 17.99 (b) Disclosure.      |\n| Item 28 | Item 28, net balance as at end of reporting period, is a derived item and is calculated as the sum of item 26 and item 27.          |\n\n  \n\n## Part B: Reinsurance contracts held (outwards reinsurance by cedant/retrocedent)\n\n### Liability Roll Forward 1 – Reconciliation of the asset for remaining coverage and the asset for incurred claims\n\nReport the items in the table based on AASB 17.98, AASB 17.100, AASB 17.105A and AASB 17.105B requirements to provide separate reconciliations for insurance contracts issued and reinsurance contracts held.\n\nReport zero values for line items if they are not applicable.\n\n| Column 1 | Report assets for remaining coverage excluding loss-recovery component for the current reporting period.Report this item in accordance with AASB 17.100 (a) Disclosure.                                                                                                                                                                 |\n| -------- | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- |\n| Column 2 | Report the loss-recovery component of assets for remaining coverage for the current reporting period.Report this item in accordance with AASB 17.66B and AASB 17.100 (b) Disclosure.                                                                                                                                                    |\n| Column 3 | For contracts not measured under the Premium Allocation Approach (PAA), report assets for incurred claims for the current reporting period.Report this item in accordance with AASB 17.100 (c) Disclosure.                                                                                                                              |\n| Column 4 | 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.Report this item in accordance with AASB 17.100 (c) (i) Disclosure.                                                                                                     |\n| Column 5 | For contracts measured under PAA, report the risk adjustment for non-financial risk of assets for incurred claims for the current reporting period.Report this item in accordance with AASB 17 Appendix A and AASB 17.100 (c) (ii) Disclosure.                                                                                          |\n| Column 6 | Report assets for insurance acquisition cash flows recognised applying AASB 17 paragraph 28B for the current reporting period.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. |\n| Column 7 | Column 7, total current reporting period, is a derived column and is calculated as the sum of columns 1 to 6.                                                                                                                                                                                                                           |\n\n#### Item 1: Opening reinsurance contract assets\n\n| Item 1 | Report opening reinsurance contract assets.Report this item in accordance with AASB 17 Appendix A and AASB 17.99 (b) Disclosure. |\n| ------ | -------------------------------------------------------------------------------------------------------------------------------- |\n\n#### Item 2: Opening reinsurance contract liabilities\n\n| Item 2 | Report opening reinsurance contract liabilities.Report this item in accordance with AASB 17 Appendix A and AASB 17.99 (b) Disclosure. |\n| ------ | ------------------------------------------------------------------------------------------------------------------------------------- |\n\n#### Item 3: Net balance as at beginning of reporting period\n\n| Item 3 | Item 3, net balance as at beginning of reporting period, is a derived item and is calculated as the sum of item 1 and item 2. |\n| ------ | ----------------------------------------------------------------------------------------------------------------------------- |\n\n### Net income (expenses) from reinsurance contracts held\n\n#### Item 4: Reinsurance expenses: Allocation of premiums paid to the reinsurer\n\n| Item 4 | Report reinsurance expenses: allocation of premiums paid to the reinsurer.It is requested that the entity present this item separately from amounts recoverable from reinsurers reported at items 5 to 7 inclusive.Report this item in accordance with AASB 17.86 and AASB 17.103 (a) Disclosure. |\n| ------ | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- |\n\n#### Item 5: Recoveries of incurred claims and other insurance service expenses\n\n| Item 5 | Report recoveries of incurred claims and other insurance service expenses.Report this item in accordance with AASB 17.103 (b) (i) Disclosure and AASB 17.103 (b) (ii) Disclosure. Report recoveries of amortisation of insurance acquisition cash flows if applicable. |\n| ------ | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- |\n\n#### Item 6: Recoveries and reversals of recoveries of losses on onerous underlying contracts\n\n| Item 6 | Report recoveries and reversals of recoveries of losses on onerous underlying contractsReport this item in accordance with AASB 17.103 (b) (iv) Disclosure. |\n| ------ | ----------------------------------------------------------------------------------------------------------------------------------------------------------- |\n\n#### Item 7: Changes that relate to past service: Changes to assets for incurred claims\n\n| Item 7 | Report changes that relate to past service: Changes to assets for incurred claims.Report this item in accordance with AASB 17.103 (b) (iii) Disclosure. |\n| ------ | ------------------------------------------------------------------------------------------------------------------------------------------------------- |\n\n#### Item 8: Amounts recoverable from reinsurers\n\n| Item 8 | Item 8, amounts recoverable from reinsurers, is a derived item and is calculated as the sum of items 5 to 7 inclusive.Report this item in accordance with AASB 17.86 Disclosure and AASB 17.103 (b) Disclosure. |\n| ------ | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- |\n\n#### Item 9: Investment components and premium refunds\n\n| Item 9 | Report investment components and premium refunds.Report this item in accordance with AASB 17 Appendix A and AASB 17.103 (c) Disclosure.Premium refunds may also be netted against the premiums received as disclosed under AASB 17.105 (a) (i). |\n| ------ | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- |\n\n#### Item 10: Cost of retroactive cover on reinsurance contracts held\n\n| Item 10 | Report cost of retroactive cover on reinsurance contracts held.Report this item in accordance with AASB 17 Appendix A and AASB 17.65A Disclosure.Insurers can either report the cost of retroactive cover on reinsurance contracts held at this item, or include it as part of Item 4 Reinsurance expenses: Allocation of premiums paid to the reinsurer. |\n| ------- | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- |\n\n#### Item 11: Impairment of assets for insurance acquisition cash flows\n\n| Item 11 | Report impairment of assets for insurance acquisition cash flows in accordance with AASB 17 Appendix A, AASB 17.105A and AASB 17.105B Disclosure.Based on the insurer’s interpretation of AASB 17.105A, this item may not apply. |\n| ------- | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- |\n\n#### Item 12: Reversal of impairment of assets for insurance acquisition cash flows\n\n| Item 12 | Report reversal of impairment of assets for insurance acquisition cash flowsReport this item in accordance with AASB 17 Appendix A, AASB 17.105A and AASB 17.105B Disclosure.Based on the insurer’s interpretation of AASB 17.105A, this item may not apply. |\n| ------- | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------ |\n\n#### Item 13: Net income (expenses) from reinsurance contracts held\n\n| Item 13 | Item 13, net income (expenses) from reinsurance contracts held, is a derived item and is calculated as the sum of item 4, and items 8 to 12 inclusive. |\n| ------- | ------------------------------------------------------------------------------------------------------------------------------------------------------ |\n\n#### Item 14: Effect of changes in non-performance risk of reinsurers\n\n| Item 14 | Report effect of changes in non-performance risk of reinsurers.Report this item in accordance with AASB 17.105 (b) Disclosure. |\n| ------- | ------------------------------------------------------------------------------------------------------------------------------ |\n\n#### Item 15: Finance income from reinsurance contracts held\n\n| Item 15 | Report finance income from reinsurance contracts held.Report this item in accordance with AASB 17 Appendix A and AASB 17.105 (c) Disclosure. |\n| ------- | -------------------------------------------------------------------------------------------------------------------------------------------- |\n\n#### Item 16: Effect of movements in exchange rates\n\n| Item 16 | Report effect of movements in exchange rates.Report this item in accordance with AASB 17.105 (d) Disclosure. |\n| ------- | ------------------------------------------------------------------------------------------------------------ |\n\n#### Item 17: Total amounts recognised in the statement of profit or loss and OCI\n\n| Item 17 | Item 17, total amounts recognised in the statement of profit or loss and OCI, is a derived item and is calculated as the sum of items 13 to 16 inclusive. |\n| ------- | --------------------------------------------------------------------------------------------------------------------------------------------------------- |\n\n### Cash flows\n\nReport items 18-21 based on AASB 17.98 and 17.105 (a) requirements.\n\n#### Item 18: Premiums paid\n\n| Item 18 | Report premiums paid.Report this item in accordance with AASB 17.105 (a) (i) Disclosure. |\n| ------- | ---------------------------------------------------------------------------------------- |\n\n#### Item 19: Amounts received\n\n| Item 19 | Report amounts received.Report this item in accordance with AASB 17.105 (a) (iii) Disclosure. |\n| ------- | --------------------------------------------------------------------------------------------- |\n\n#### Item 20: Insurance acquisition cash flows\n\n| Item 20 | Report insurance acquisition cash flows in accordance with AASB 17 Appendix A, AASB 17.105 (a) (ii) Disclosure and AASB 17.105A Disclosure. |\n| ------- | ------------------------------------------------------------------------------------------------------------------------------------------- |\n\n#### Item 21: Total cash flows\n\n| Item 21 | Item 21, total cash flows, is a derived item and is calculated as the sum of items 18 to 20 inclusive. |\n| ------- | ------------------------------------------------------------------------------------------------------ |\n\n#### Items 22-25: Other movements in the net balance\n\n| Item 22 | Report allocation from assets for insurance acquisition cash flows to groups of reinsurance contracts held.Report this item in accordance with AASB 17 Appendix A and AASB 17.105A Disclosure. |\n| ------- | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- |\n| Item 23 | Report other movements in the net balance that are related to acquisitions, disposals, or portfolio transfers.Report this item in accordance with AASB 17.105 (d) Disclosure.                  |\n| Item 24 | Report other movements in the net balance not reported at items 22 and 23.Report this item in accordance with AASB 17.105 (d) Disclosure.                                                      |\n| Item 25 | Item 25, other movements in the net balance, is a derived item and is calculated as the sum of items 22 to 24 inclusive.                                                                       |\n\n#### Item 26: Net balance as at end of reporting period\n\n| Item 26 | Item 26, net balance as at end of reporting period, is a derived item and is calculated as the sum of item 3, item 17, item 21 and item 25. |\n| ------- | ------------------------------------------------------------------------------------------------------------------------------------------- |\n\n#### Item 27: Closing reinsurance contract assets\n\n| Item 27 | Report closing reinsurance contract assets.Report this item in accordance with AASB 17 Appendix A and AASB 17.99 (b) Disclosure. |\n| ------- | -------------------------------------------------------------------------------------------------------------------------------- |\n\n#### Item 28: Closing reinsurance contract liabilities\n\n| Item 28 | Report closing reinsurance contract liabilities.Report this item in accordance with AASB 17 Appendix A and AASB 17.99 (b) Disclosure. |\n| ------- | ------------------------------------------------------------------------------------------------------------------------------------- |\n\n#### Item 29: Net balance as at end of reporting period\n\n| Item 29 | Item 29, net balance as at end of reporting period, is a derived item and is calculated as the sum of item 27 and item 28. |\n| ------- | -------------------------------------------------------------------------------------------------------------------------- |\n\n### Liability Roll Forward 2 – Reconciliation of the measurement components of reinsurance contract balances\n\nFor contracts not measured under the PAA, report the items in the table based on AASB 17.98 and AASB 17.101 requirements to provide separate reconciliations for insurance contracts issued and reinsurance contracts held.\n\nReport zero values for line items if they are not applicable.\n\n| Column 1 | Report estimates of the present value of the future cash flows for the current reporting period.Report this item in accordance with AASB 17.101 (a) Disclosure.           |\n| -------- | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------- |\n| Column 2 | Report the risk adjustment for non-financial risk for the current reporting period.Report this item in accordance with AASB 17 Appendix A and AASB 17.101 (b) Disclosure. |\n| Column 3 | Report the contractual service margin (CSM) for the current reporting period.Report this item in accordance with AASB 17 Appendix A and AASB 17.101 (c) Disclosure.       |\n| Column 4 | Column 4, total current reporting period, is a derived column and is calculated as the sum of columns 1-3.                                                                |\n\n#### Item 1: Opening reinsurance contract assets\n\n| Item 1 | Report opening reinsurance contract assets.Report this item in accordance with AASB 17 Appendix A and AASB 17.99 (b) Disclosure. |\n| ------ | -------------------------------------------------------------------------------------------------------------------------------- |\n\n#### Item 2: Opening reinsurance contract liabilities\n\n| Item 2 | Report opening reinsurance contract liabilities.Report this item in accordance with AASB 17 Appendix A and AASB 17.99 (b) Disclosure. |\n| ------ | ------------------------------------------------------------------------------------------------------------------------------------- |\n\n#### Item 3: Net balance as at beginning of reporting period\n\n| Item 3 | Item 3, net balance as at beginning of reporting period, is a derived item and is calculated as the sum of item 1 and item 2. |\n| ------ | ----------------------------------------------------------------------------------------------------------------------------- |\n\n### Changes in the statement of profit or loss and OCI\n\n#### Items 4-7: Changes that relate to current services\n\n| Item 4 | Report CSM recognised for services received.Report this item in accordance with AASB 17 Appendix A and AASB 17.104 (b) (i) Disclosure.                               |\n| ------ | -------------------------------------------------------------------------------------------------------------------------------------------------------------------- |\n| Item 5 | Report change in risk adjustment for non-financial risk for risk expired.Report this item in accordance with AASB 17 Appendix A and AASB 17.104 (b) (ii) Disclosure. |\n| Item 6 | Report experience adjustments.Report this item in accordance with AASB 17 Appendix A and AASB 17.104 (b) (iii) Disclosure.                                           |\n| Item 7 | Item 7, total changes that relate to current services, is a derived item and is calculated as the sum of items 4 to 6 inclusive.                                     |\n\n#### Items 8-12: Changes that relate to future services\n\n| Item 8  | Report contracts initially recognised in the period.Report this item in accordance with AASB 17.104 (a) (iii) Disclosure.                                                                               |\n| ------- | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- |\n| Item 9  | Report changes in recoveries of losses on onerous underlying contracts that adjust the CSM.Report this item in accordance with AASB 17 Appendix A, AASB 17.105 (d) and AASB 17.66 (ba)–(bb) Disclosure. |\n| Item 10 | Report changes in estimates that adjust the CSM.Report this item in accordance with AASB 17 Appendix A and AASB 17.104 (a) (i) Disclosure.                                                              |\n| Item 11 | Report changes in estimates that relate to losses and reversals of losses on onerous underlying contracts that do not adjust the CSM.Report this item in accordance with AASB 17.104 (a) (ii).          |\n| Item 12 | Item 12, changes that relate to future services, is a derived item and is calculated as the sum of items 8 to 11 inclusive.                                                                             |\n\n#### Item 13: Changes that relate to past services - changes to assets for incurred claims\n\n| Item 13 | Report changes that relate to past services – changes to assets for incurred claims.Report this item in accordance with AASB 17.104 (c) Disclosure. |\n| ------- | --------------------------------------------------------------------------------------------------------------------------------------------------- |\n\n#### Item 14: Net income (expenses) from reinsurance contracts held\n\n| Item 14 | Item 14, net income (expenses) from reinsurance contracts held, is derived and is calculated as the sum of item 7, item 12 and item 13. |\n| ------- | --------------------------------------------------------------------------------------------------------------------------------------- |\n\n#### Item 15: Effect of changes in non-performance risk of reinsurers\n\n| Item 15 | Report effect of changes in non-performance risk of reinsurers.Report this item in accordance with AASB 17.105 (b) Disclosure. |\n| ------- | ------------------------------------------------------------------------------------------------------------------------------ |\n\n#### Item 16: Finance income (expenses) from reinsurance contracts held\n\n| Item 16 | Report finance income (expenses) from reinsurance contracts held.Report this item in accordance with AASB 17 Appendix A and AASB 17.105 (c) Disclosure. |\n| ------- | ------------------------------------------------------------------------------------------------------------------------------------------------------- |\n\n#### Item 17: Effect of movements in exchange rates\n\n| Item 17 | Report the effect of movements in exchange rates.Report this item in accordance with AASB 17.105 (d) Disclosure. |\n| ------- | ---------------------------------------------------------------------------------------------------------------- |\n\n#### Item 18: Total amounts recognised in the statement of profit or loss and OCI\n\n| Item 18 | Item 18, total amounts recognised in the statement of profit or loss and OCI, is a derived item and is calculated as the sum of items 14 to 17 inclusive. |\n| ------- | --------------------------------------------------------------------------------------------------------------------------------------------------------- |\n\n### Cash flows\n\n#### Report items 19-21 based on AASB 17.98 and 17.105 (a) requirements.\n\n#### Item 19: Premiums paid\n\n| Item 19 | Report premiums paid.Report this item in accordance with AASB 17.105 (a) (i) Disclosure. |\n| ------- | ---------------------------------------------------------------------------------------- |\n\n#### Item 20: Amounts received\n\n| Item 20 | Report amounts received.Report this item in accordance with AASB 17.105 (a) (iii) Disclosure. |\n| ------- | --------------------------------------------------------------------------------------------- |\n\n#### Item 21: Total cash flows\n\n| Item 21 | Item 21, total cash flows, is a derived item and is calculated as the sum of item 19 and item 20. |\n| ------- | ------------------------------------------------------------------------------------------------- |\n\n#### Items 22-24: Other movements in the net balance\n\n| Item 22 | Report other movements in the net balance that are related to acquisitions, disposals, or portfolio transfers.Report this item in accordance with AASB 17.105 (d) Disclosure. |\n| ------- | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------- |\n| Item 23 | Report other movements in the net balance not reported at item 22.Report this item in accordance with AASB 17.105 (d) Disclosure.                                             |\n| Item 24 | Item 24, other movements in the net balance, is a derived item and is calculated as the sum of item 22 and item 23.                                                           |\n\n#### Item 25: Net balance as at end of reporting period\n\n| Item 25 | Item 25, net balance as at end of reporting period, is a derived item and is calculated as the sum of item 3, item 18, item 21 and item 24. |\n| ------- | ------------------------------------------------------------------------------------------------------------------------------------------- |\n\n#### Item 26: Closing reinsurance contract assets\n\n| Item 26 | Report closing reinsurance contract assets.Report this item in accordance with AASB 17 Appendix A and AASB 17.99 (b) Disclosure. |\n| ------- | -------------------------------------------------------------------------------------------------------------------------------- |\n\n#### Item 27: Closing reinsurance contract liabilities\n\n| Item 27 | Report closing reinsurance contract liabilities.Report this item in accordance with AASB 17 Appendix A and AASB 17.99 (b) Disclosure. |\n| ------- | ------------------------------------------------------------------------------------------------------------------------------------- |\n\n#### Item 28: Net balance as at end of reporting period\n\n| Item 28 | Item 28, net balance as at end of reporting period, is a derived item and is calculated as the sum of item 26 and item 27. |\n| ------- | -------------------------------------------------------------------------------------------------------------------------- |","sortOrder":22},{"sectionNumber":"Reporting basis","sectionType":"division","heading":"Reporting basis","content":"### Reporting basis\n\nInformation in this Reporting Standard is to be completed by private health insurers for each reporting period on a private health insurer basis.","sortOrder":23},{"sectionNumber":"Units of measurement","sectionType":"division","heading":"Units of measurement","content":"### Units of measurement\n\nReport values in this Reporting Standard in whole Australian dollars (AUD).\n\nConvert amounts denominated in foreign currency to AUD in accordance with AASB 121 The Effects of Changes in Foreign Exchange Rates.\n\nDirect business is any insurance business written / insurance contracts issued by the reporting insurer.\n\nInwards reinsurance is any reinsurance business written / reinsurance contracts issued by the reporting insurer.","sortOrder":24},{"sectionNumber":"Part A","sectionType":"part","heading":": Insurance contracts issued (direct business/inwards reinsurance)","content":"# Reporting Standard HRS 320.0\n\n# Liability Roll Forwards\n\n## General instructions\n\nThese instructions assist completion of the Reporting Standard HRS 320.0 Liability Roll Forwards, which collects information relating to reconciliations of insurance contract liabilities required by AASB 17 Insurance Contracts (AASB 17). These instructions also apply to roll forwards of assets for insurance acquisition cash flows and reinsurance contracts held.\n\n### Reporting tables\n\nTables described in this reporting standard list each of the data fields required to be reported. The data fields are listed sequentially in the column order that they will appear in the reported data set. Constraints on the data that can be reported for each field have also been provided.\n\n### General accounting basis\n\nUnless otherwise specifically stated, reporting insurers are to report in accordance with the relevant Australian Accounting Standards.\n\n### References to Australian Accounting Standards\n\nEach item reported under this Reporting Standard aligns with the Accounting Standards made by the Australian Accounting Standards Board (AASB). The applicable AASB references are specified with each item. AASB reference provides a written description of the accounting meaning of an IFRS Taxonomy element.\n\n### IFRS taxonomy element reference\n\nEach IFRS taxonomy element contains at least one cross-reference to an AASB Standard (that incorporates IFRS 17 Standards as issued and amended by the International Accounting Standards Board) and has a reference type that can be used to identify the source of that element. The IFRS Taxonomy uses the following element reference types:\n\n    (a) disclosure—an element of this type depicts a presentation or disclosure requirement of an IFRS/AASB Standard;\n    (b) example—an element of this type represents an example provided in an IFRS/AASB Standard or its accompanying materials; and\n    (a) common practice—an element of this type reflects common reporting practice within IFRS/AASB financial statements. They are not specifically mentioned in IFRS/AASB Standards or their accompanying materials, but are consistent with IFRS/AASB Standards. They have been found to be frequently disclosed across a range of companies and accounting jurisdictions.\n\n### Definitions\n\nTerms highlighted in bold italics indicate that the definition is provided in this Reporting Standard.\n\n## Specific instructions\n\n### Reporting basis\n\nInformation in this Reporting Standard is to be completed by private health insurers for each reporting period on a private health insurer basis.\n\n### Units of measurement\n\nReport values in this Reporting Standard in whole Australian dollars (AUD).\n\nConvert amounts denominated in foreign currency to AUD in accordance with AASB 121 The Effects of Changes in Foreign Exchange Rates.\n\nDirect business is any insurance business written / insurance contracts issued by the reporting insurer.\n\nInwards reinsurance is any reinsurance business written / reinsurance contracts issued by the reporting insurer.\n\n  \n\n  \n\n## Part A: Insurance contracts issued (direct business/inwards reinsurance)\n\n### Liability Roll Forward 1 – Reconciliation of the liability for remaining coverage and the liability for incurred claims\n\nReport the items in the table based on AASB 17.100 requirements to provide reconciliation from the opening to the closing balances of the liabilities for remaining coverage (LRC) and liabilities for incurred claims (LIC). Report the reconciliation from the opening to the closing balance of assets for insurance acquisition cash flows based on the insurer’s interpretation of AASB 17.105A and AASB 17.105B requirements.\n\nReport zero values for line items if they are not applicable.\n\n| Column 1 | Report liabilities for remaining coverage excluding loss component for the current reporting period.Where a group of contracts meets the requirements under AASB 17.20, report these contracts in this column.Report this item in accordance with AASB 17 Appendix A and AASB 17.100 (a) Disclosure.                                    |\n| -------- | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- |\n| Column 2 | Report the loss component of liabilities for remaining coverage for the current reporting period.Report this item in accordance with AASB 17 Appendix A and AASB 17.100 (b) Disclosure.                                                                                                                                                 |\n| Column 3 | Report liabilities for incurred claims from contracts not measured under the Premium Allocation Approach (PAA) for the current reporting period.Report this item in accordance with AASB 17 Appendix A and AASB 17.100 (c) Disclosure.                                                                                                  |\n| Column 4 | For liabilities for incurred claims from contracts measured under the PAA, report estimates of the present value of the future cash flows for the current reporting period.Report this item in accordance with AASB 17 Appendix A and AASB 17.100 (c) (i) Disclosure.                                                                   |\n| Column 5 | For liabilities for incurred claims from contracts measured under PAA, report the risk adjustment for non-financial risk for the current reporting period.Report this item in accordance with AASB 17 Appendix A and AASB 17.100 (c) (ii) Disclosure.                                                                                   |\n| Column 6 | Report assets for insurance acquisition cash flows recognised applying AASB 17 paragraph 28B for the current reporting period.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. |\n| Column 7 | Column 7, total current reporting period, is a derived column and is calculated as the sum of columns 1 to 6.                                                                                                                                                                                                                           |\n\nItem 1: Opening insurance contract liabilities\n\n| Item 1 | Report opening insurance contract liabilities.Report this item in accordance with AASB 17 Appendix A and AASB 17.99 (b) Disclosure. |\n| ------ | ----------------------------------------------------------------------------------------------------------------------------------- |\n\nItem 2: Opening insurance contract assets\n\n| Item 2 | Report opening insurance contract assets.Report this item in accordance with AASB 17 Appendix A and AASB 17.99 (b) Disclosure. |\n| ------ | ------------------------------------------------------------------------------------------------------------------------------ |\n\nItem 3: Net balance as at beginning of reporting period\n\n| Item 3 | Item 3, net balance as at beginning of reporting period, is a derived item and is calculated as the sum of item 1 and item 2. |\n| ------ | ----------------------------------------------------------------------------------------------------------------------------- |\n\n### Changes in the statement of profit or loss and other comprehensive income (OCI)\n\nItem 4: Insurance revenue\n\n| Item 4 | Report insurance revenue.Report this item in accordance with AASB 17.103 (a) Disclosure. |\n| ------ | ---------------------------------------------------------------------------------------- |\n\n#### Items 5-11: Insurance service expenses\n\n| Item 5  | Report incurred claims and other expenses.Report this item in accordance with AASB 17.103 (b) (i) Disclosure.                                                                                                                                                |\n| ------- | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------ |\n| Item 6  | Report insurance acquisition cash flows amortisation.Report this item in accordance with AASB 17.103 (b) (ii) Disclosure.                                                                                                                                    |\n| Item 7  | Report changes that relate to future service: losses on onerous contracts and reversals of those losses.Report this item in accordance with AASB 17.103 (b) (iv) Disclosure.                                                                                 |\n| Item 8  | Report changes that relate to past service: changes to liabilities for incurred claims.Report this item in accordance with AASB 17.103 (b) (iii) Disclosure.                                                                                                 |\n| Item 9  | Report impairment of assets for insurance acquisition cash flows.Report this item in accordance with AASB 17 Appendix A, AASB 17.105A and AASB 17.105B Disclosure.Based on the insurer’s interpretation of AASB 17.105A, this item may not apply.            |\n| Item 10 | Report reversal of impairment of assets for insurance acquisition cash flowsReport this item in accordance with AASB 17 Appendix A, AASB 17.105A and AASB 17.105B Disclosure.Based on the insurer’s interpretation of AASB 17.105A, this item may not apply. |\n| Item 11 | Item 11, total insurance service expenses, is a derived item and is calculated as the sum of items 5 to 10 inclusive.                                                                                                                                        |\n\n#### Item 12: Investment components and premium refunds\n\n| Item 12 | Report investment components and premium refunds.Report this item in accordance with AASB 17 Appendix A and AASB 17.103 (c) Disclosure.Premium refunds may also be netted against the premiums received as disclosed under AASB 17.105 (a) (i). |\n| ------- | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- |\n\n#### Item 13: Insurance service result\n\n| Item 13 | Item 13, insurance service result, is a derived item and is calculated as the sum of item 4, item 11 and item 12. |\n| ------- | ----------------------------------------------------------------------------------------------------------------- |\n\n#### Item 14: Finance expenses from insurance contracts issued\n\n| Item 14 | Report finance expenses from insurance contracts issued.Report this item in accordance with AASB 17 Appendix A and AASB 17.105 (c) Disclosure. |\n| ------- | ---------------------------------------------------------------------------------------------------------------------------------------------- |\n\n#### Item 15: Effect of movements in exchange rates\n\n| Item 15 | Report effect of movements in exchange rates.Report this item in accordance with AASB 17.105 (d) Disclosure. |\n| ------- | ------------------------------------------------------------------------------------------------------------ |\n\n#### Item 16: Total amounts recognised in the statement of profit or loss and OCI\n\n| Item 16 | Item 16, total amounts recognised in the statement of profit or loss and OCI, is a derived item and is calculated as the sum of items 13 to 15 inclusive. |\n| ------- | --------------------------------------------------------------------------------------------------------------------------------------------------------- |\n\n#### Cash flows\n\nReport items 17-20 based on AASB 17.98 and 17.105 (a) requirements.\n\n#### Items 17-20: Cash flows\n\n| Item 17 | Report premiums received.Report this item in accordance with AASB 17.105 (a) (i) Disclosure.                                                                        |\n| ------- | ------------------------------------------------------------------------------------------------------------------------------------------------------------------- |\n| Item 18 | Report claims and other expenses paid, including investment components.Report this item in accordance with AASB 17 Appendix A and AASB 17.105 (a) (iii) Disclosure. |\n| Item 19 | Report insurance acquisition cash flows.Report this item in accordance with AASB 17 Appendix A, AASB 17.105 (a) (ii) Disclosure and AASB 17.105A Disclosure.        |\n| Item 20 | Item 20, total cash flows, is a derived item and is calculated as the sum of items 17 to 19 inclusive.                                                              |\n\n#### Items 21-24: Other movements in the net balance\n\n| Item 21 | Report allocation from assets for insurance acquisition cash flows to groups of insurance contracts.Report this item in accordance with AASB 17 Appendix A and AASB 17.105A Disclosure.Based on the insurer’s interpretation of AASB 17.105A, this item may not apply. |\n| ------- | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- |\n| Item 22 | Report other movements in the net balance that are related to acquisitions/disposals/portfolio transfers.Report this item in accordance with AASB 17.105 (d) Disclosure.                                                                                               |\n| Item 23 | Report other movements in the net balance not reported at items 21 and 22.Report this item in accordance with AASB 17.105 (d) Disclosure.                                                                                                                              |\n| Item 24 | Item 24, other movements in the net balance, is a derived item and is calculated as the sum of items 21 to 23 inclusive.                                                                                                                                               |\n\n#### Item 25: Net balance as at end of reporting period\n\n| Item 25 | Item 25, net balance as at end of reporting period, is a derived item and is calculated as the sum of item 3, item 16, item 20 and item 24. |\n| ------- | ------------------------------------------------------------------------------------------------------------------------------------------- |\n\n#### Item 26: Closing insurance contract liabilities\n\n| Item 26 | Report closing insurance contract liabilities.Report this item in accordance with AASB 17 Appendix A and AASB 17.99 (b) Disclosure. |\n| ------- | ----------------------------------------------------------------------------------------------------------------------------------- |\n\n#### Item 27: Closing insurance contract assets\n\n| Item 27 | Report closing insurance contract assets.Report this item in accordance with AASB 17 Appendix A and AASB 17.99 (b) Disclosure. |\n| ------- | ------------------------------------------------------------------------------------------------------------------------------ |\n\n#### Item 28: Net balance as at end of reporting period\n\n| Item 28 | Item 28, net balance as at end of reporting period, is a derived item and is calculated as the sum of item 26 and item 27. |\n| ------- | -------------------------------------------------------------------------------------------------------------------------- |\n\n### Liability Roll Forward 2 – Reconciliation of the measurement components of insurance contract balances\n\nFor contracts not measured under the PAA, report the items in the table based on AASB 17.101 requirements.\n\nReport zero values for line items if they are not applicable.\n\n| Column 1 | Report estimates of the present value of the future cash flows for the current reporting period.Report this item in accordance with AASB 17.101 (a) Disclosure.           |\n| -------- | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------- |\n| Column 2 | Report the risk adjustment for non-financial risk for the current reporting period.Report this item in accordance with AASB 17 Appendix A and AASB 17.101 (b) Disclosure. |\n| Column 3 | Report the contractual service margin (CSM) for the current reporting period.Report this item in accordance with AASB 17 Appendix A and AASB 17.101 (c) Disclosure.       |\n| Column 4 | Column 4, total current reporting period, is a derived column and is calculated as the sum of columns 1-3.                                                                |\n\n#### Item 1: Opening insurance contract liabilities\n\n| Item 1 | Report opening insurance contract liabilities.Report this item in accordance with AASB 17 Appendix A and AASB 17.99 (b) Disclosure. |\n| ------ | ----------------------------------------------------------------------------------------------------------------------------------- |\n\n#### Item 2: Opening insurance contract assets\n\n| Item 2 | Report opening insurance contract assets.Report this item in accordance with AASB 17 Appendix A and AASB 17.99 (b) Disclosure. |\n| ------ | ------------------------------------------------------------------------------------------------------------------------------ |\n\n#### Item 3: Net balance as at beginning of reporting period\n\n| Item 3 | Item 3, net balance as at beginning of reporting period, is a derived item and is calculated as the sum of item 1 and item 2. |\n| ------ | ----------------------------------------------------------------------------------------------------------------------------- |\n\n### Changes in the statement of profit or loss and OCI\n\n#### Items 4-7: Changes that relate to current services\n\n| Item 4 | Report CSM recognised for services provided.Report this item in accordance with AASB 17 Appendix A and AASB 17.104 (b) (i) Disclosure.                               |\n| ------ | -------------------------------------------------------------------------------------------------------------------------------------------------------------------- |\n| Item 5 | Report change in risk adjustment for non-financial risk for risk expired.Report this item in accordance with AASB 17 Appendix A and AASB 17.104 (b) (ii) Disclosure. |\n| Item 6 | Report experience adjustments.Report this item in accordance with AASB 17 Appendix A and AASB 17.104 (b) (iii) Disclosure.                                           |\n| Item 7 | Item 7, total changes that relate to current services, is a derived item and is calculated as the sum of items 4 to 6 inclusive.                                     |\n\n#### Items 8-11: Changes that relate to future services\n\n| Item 8  | Report changes in estimates that adjust the CSM.Report this item in accordance with AASB 17 Appendix A and AASB 17.104 (a) (i) Disclosure.                                                                                  |\n| ------- | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- |\n| Item 9  | Report changes in estimates that do not adjust the CSM, i.e. losses on groups of onerous contracts and reversals of such losses.Report this item in accordance with AASB 17 Appendix A and AASB 17.104 (a) (ii) Disclosure. |\n| Item 10 | Report contracts initially recognised in the period.Report this item in accordance with AASB 17.104 (a) (iii) Disclosure.                                                                                                   |\n| Item 11 | Item 11, total changes that relate to future services, is a derived item and is calculated as the sum of items 8 to 10 inclusive.                                                                                           |\n\n#### Item 12: Changes that relate to past services - Changes to liabilities for incurred claims\n\n| Item 12 | Report changes that relate to past services - changes to liabilities for incurred claims.Report this item in accordance with AASB 17.104 (c) Disclosure. |\n| ------- | -------------------------------------------------------------------------------------------------------------------------------------------------------- |\n\n#### Item 13: Insurance service result\n\n| Item 13 | Item 13, insurance service result, is a derived item and is calculated as the sum of item 7, item 11 and item 12. |\n| ------- | ----------------------------------------------------------------------------------------------------------------- |\n\n#### Item 14: Finance expenses or income from insurance contracts issued\n\n| Item 14 | Report finance expenses or income from insurance contracts issued.Report this item in accordance with AASB 17 Appendix A and AASB 17.105 (c) Disclosure. |\n| ------- | -------------------------------------------------------------------------------------------------------------------------------------------------------- |\n\n#### Item 15: Effect of movements in exchange rates\n\n| Item 15 | Report effect of movements in exchange rates.Report this item in accordance with AASB 17.105 (d) Disclosure. |\n| ------- | ------------------------------------------------------------------------------------------------------------ |\n\n#### Item 16: Total amounts recognised in the statement of profit or loss and OCI\n\n| Item 16 | Item 16, total amounts recognised in the statement of profit or loss and OCI, is a derived item and is calculated as the sum of items 13 to 15 inclusive. |\n| ------- | --------------------------------------------------------------------------------------------------------------------------------------------------------- |\n\n### Cash flows\n\nReport items 17-20 based on AASB 17.98 and 17.105 (a) requirements.\n\n#### Item 17: Premiums received\n\n| Item 17 | Report premiums received for insurance contracts issued.Report this item in accordance with AASB 17 Appendix A and AASB 17.105 (a) (i) Disclosure. |\n| ------- | -------------------------------------------------------------------------------------------------------------------------------------------------- |\n\n#### Item 18: Claims and other expenses paid\n\n| Item 18 | Report claims and other expenses paid.Report this item in accordance with AASB 17.105 (a) (iii) Disclosure. |\n| ------- | ----------------------------------------------------------------------------------------------------------- |\n\n#### Item 19: Insurance acquisition cash flows paid\n\n| Item 19 | Report insurance acquisition cash flows paid.Report this item in accordance with AASB 17 Appendix A and AASB 17.105 (a) (ii) Disclosure. |\n| ------- | ---------------------------------------------------------------------------------------------------------------------------------------- |\n\n#### Item 20: Total cash flows\n\n| Item 20 | Item 20, total cash flows, is a derived item and is calculated as the sum of items 17 to 19 inclusive. |\n| ------- | ------------------------------------------------------------------------------------------------------ |\n\n#### Items 21-24: Other movements in the net balance\n\n| Item 21 | Report allocation from assets for insurance acquisition cash flows to groups of insurance contracts.Report this item in accordance with AASB 17 Appendix A and AASB 17.105A Disclosure.Based on the insurer’s interpretation of AASB 17.105A, this item may not apply. |\n| ------- | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- |\n| Item 22 | Report other movements in the net balance that are related to acquisitions/disposals/portfolio transfers.Report this item in accordance with AASB 17.105 (d) Disclosure.                                                                                               |\n| Item 23 | Report other movements in the net balance not reported at items 21 and 22.Report this item in accordance with AASB 17.105 (d) Disclosure.                                                                                                                              |\n| Item 24 | Item 24, other movements in the net balance, is a derived item and is calculated as the sum of items 21 to 23 inclusive.                                                                                                                                               |\n\n#### Item 25: Net balance as at end of reporting period\n\n| Item 25 | Item 25, net balance as at end of reporting period, is a derived item and is calculated as the sum of item 3, item 16, item 20 and item 24. |\n| ------- | ------------------------------------------------------------------------------------------------------------------------------------------- |\n\n#### Items 26-28: Closing balances\n\n| Item 26 | Report closing insurance contract liabilities.Report this item in accordance with AASB 17 Appendix A and AASB 17.99 (b) Disclosure. |\n| ------- | ----------------------------------------------------------------------------------------------------------------------------------- |\n| Item 27 | Report closing insurance contract assets.Report this item in accordance with AASB 17 Appendix A and AASB 17.99 (b) Disclosure.      |\n| Item 28 | Item 28, net balance as at end of reporting period, is a derived item and is calculated as the sum of item 26 and item 27.          |\n\n  \n\n## Part B: Reinsurance contracts held (outwards reinsurance by cedant/retrocedent)\n\n### Liability Roll Forward 1 – Reconciliation of the asset for remaining coverage and the asset for incurred claims\n\nReport the items in the table based on AASB 17.98, AASB 17.100, AASB 17.105A and AASB 17.105B requirements to provide separate reconciliations for insurance contracts issued and reinsurance contracts held.\n\nReport zero values for line items if they are not applicable.\n\n| Column 1 | Report assets for remaining coverage excluding loss-recovery component for the current reporting period.Report this item in accordance with AASB 17.100 (a) Disclosure.                                                                                                                                                                 |\n| -------- | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- |\n| Column 2 | Report the loss-recovery component of assets for remaining coverage for the current reporting period.Report this item in accordance with AASB 17.66B and AASB 17.100 (b) Disclosure.                                                                                                                                                    |\n| Column 3 | For contracts not measured under the Premium Allocation Approach (PAA), report assets for incurred claims for the current reporting period.Report this item in accordance with AASB 17.100 (c) Disclosure.                                                                                                                              |\n| Column 4 | 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.Report this item in accordance with AASB 17.100 (c) (i) Disclosure.                                                                                                     |\n| Column 5 | For contracts measured under PAA, report the risk adjustment for non-financial risk of assets for incurred claims for the current reporting period.Report this item in accordance with AASB 17 Appendix A and AASB 17.100 (c) (ii) Disclosure.                                                                                          |\n| Column 6 | Report assets for insurance acquisition cash flows recognised applying AASB 17 paragraph 28B for the current reporting period.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. |\n| Column 7 | Column 7, total current reporting period, is a derived column and is calculated as the sum of columns 1 to 6.                                                                                                                                                                                                                           |\n\n#### Item 1: Opening reinsurance contract assets\n\n| Item 1 | Report opening reinsurance contract assets.Report this item in accordance with AASB 17 Appendix A and AASB 17.99 (b) Disclosure. |\n| ------ | -------------------------------------------------------------------------------------------------------------------------------- |\n\n#### Item 2: Opening reinsurance contract liabilities\n\n| Item 2 | Report opening reinsurance contract liabilities.Report this item in accordance with AASB 17 Appendix A and AASB 17.99 (b) Disclosure. |\n| ------ | ------------------------------------------------------------------------------------------------------------------------------------- |\n\n#### Item 3: Net balance as at beginning of reporting period\n\n| Item 3 | Item 3, net balance as at beginning of reporting period, is a derived item and is calculated as the sum of item 1 and item 2. |\n| ------ | ----------------------------------------------------------------------------------------------------------------------------- |\n\n### Net income (expenses) from reinsurance contracts held\n\n#### Item 4: Reinsurance expenses: Allocation of premiums paid to the reinsurer\n\n| Item 4 | Report reinsurance expenses: allocation of premiums paid to the reinsurer.It is requested that the entity present this item separately from amounts recoverable from reinsurers reported at items 5 to 7 inclusive.Report this item in accordance with AASB 17.86 and AASB 17.103 (a) Disclosure. |\n| ------ | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- |\n\n#### Item 5: Recoveries of incurred claims and other insurance service expenses\n\n| Item 5 | Report recoveries of incurred claims and other insurance service expenses.Report this item in accordance with AASB 17.103 (b) (i) Disclosure and AASB 17.103 (b) (ii) Disclosure. Report recoveries of amortisation of insurance acquisition cash flows if applicable. |\n| ------ | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- |\n\n#### Item 6: Recoveries and reversals of recoveries of losses on onerous underlying contracts\n\n| Item 6 | Report recoveries and reversals of recoveries of losses on onerous underlying contractsReport this item in accordance with AASB 17.103 (b) (iv) Disclosure. |\n| ------ | ----------------------------------------------------------------------------------------------------------------------------------------------------------- |\n\n#### Item 7: Changes that relate to past service: Changes to assets for incurred claims\n\n| Item 7 | Report changes that relate to past service: Changes to assets for incurred claims.Report this item in accordance with AASB 17.103 (b) (iii) Disclosure. |\n| ------ | ------------------------------------------------------------------------------------------------------------------------------------------------------- |\n\n#### Item 8: Amounts recoverable from reinsurers\n\n| Item 8 | Item 8, amounts recoverable from reinsurers, is a derived item and is calculated as the sum of items 5 to 7 inclusive.Report this item in accordance with AASB 17.86 Disclosure and AASB 17.103 (b) Disclosure. |\n| ------ | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- |\n\n#### Item 9: Investment components and premium refunds\n\n| Item 9 | Report investment components and premium refunds.Report this item in accordance with AASB 17 Appendix A and AASB 17.103 (c) Disclosure.Premium refunds may also be netted against the premiums received as disclosed under AASB 17.105 (a) (i). |\n| ------ | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- |\n\n#### Item 10: Cost of retroactive cover on reinsurance contracts held\n\n| Item 10 | Report cost of retroactive cover on reinsurance contracts held.Report this item in accordance with AASB 17 Appendix A and AASB 17.65A Disclosure.Insurers can either report the cost of retroactive cover on reinsurance contracts held at this item, or include it as part of Item 4 Reinsurance expenses: Allocation of premiums paid to the reinsurer. |\n| ------- | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- |\n\n#### Item 11: Impairment of assets for insurance acquisition cash flows\n\n| Item 11 | Report impairment of assets for insurance acquisition cash flows in accordance with AASB 17 Appendix A, AASB 17.105A and AASB 17.105B Disclosure.Based on the insurer’s interpretation of AASB 17.105A, this item may not apply. |\n| ------- | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- |\n\n#### Item 12: Reversal of impairment of assets for insurance acquisition cash flows\n\n| Item 12 | Report reversal of impairment of assets for insurance acquisition cash flowsReport this item in accordance with AASB 17 Appendix A, AASB 17.105A and AASB 17.105B Disclosure.Based on the insurer’s interpretation of AASB 17.105A, this item may not apply. |\n| ------- | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------ |\n\n#### Item 13: Net income (expenses) from reinsurance contracts held\n\n| Item 13 | Item 13, net income (expenses) from reinsurance contracts held, is a derived item and is calculated as the sum of item 4, and items 8 to 12 inclusive. |\n| ------- | ------------------------------------------------------------------------------------------------------------------------------------------------------ |\n\n#### Item 14: Effect of changes in non-performance risk of reinsurers\n\n| Item 14 | Report effect of changes in non-performance risk of reinsurers.Report this item in accordance with AASB 17.105 (b) Disclosure. |\n| ------- | ------------------------------------------------------------------------------------------------------------------------------ |\n\n#### Item 15: Finance income from reinsurance contracts held\n\n| Item 15 | Report finance income from reinsurance contracts held.Report this item in accordance with AASB 17 Appendix A and AASB 17.105 (c) Disclosure. |\n| ------- | -------------------------------------------------------------------------------------------------------------------------------------------- |\n\n#### Item 16: Effect of movements in exchange rates\n\n| Item 16 | Report effect of movements in exchange rates.Report this item in accordance with AASB 17.105 (d) Disclosure. |\n| ------- | ------------------------------------------------------------------------------------------------------------ |\n\n#### Item 17: Total amounts recognised in the statement of profit or loss and OCI\n\n| Item 17 | Item 17, total amounts recognised in the statement of profit or loss and OCI, is a derived item and is calculated as the sum of items 13 to 16 inclusive. |\n| ------- | --------------------------------------------------------------------------------------------------------------------------------------------------------- |\n\n### Cash flows\n\nReport items 18-21 based on AASB 17.98 and 17.105 (a) requirements.\n\n#### Item 18: Premiums paid\n\n| Item 18 | Report premiums paid.Report this item in accordance with AASB 17.105 (a) (i) Disclosure. |\n| ------- | ---------------------------------------------------------------------------------------- |\n\n#### Item 19: Amounts received\n\n| Item 19 | Report amounts received.Report this item in accordance with AASB 17.105 (a) (iii) Disclosure. |\n| ------- | --------------------------------------------------------------------------------------------- |\n\n#### Item 20: Insurance acquisition cash flows\n\n| Item 20 | Report insurance acquisition cash flows in accordance with AASB 17 Appendix A, AASB 17.105 (a) (ii) Disclosure and AASB 17.105A Disclosure. |\n| ------- | ------------------------------------------------------------------------------------------------------------------------------------------- |\n\n#### Item 21: Total cash flows\n\n| Item 21 | Item 21, total cash flows, is a derived item and is calculated as the sum of items 18 to 20 inclusive. |\n| ------- | ------------------------------------------------------------------------------------------------------ |\n\n#### Items 22-25: Other movements in the net balance\n\n| Item 22 | Report allocation from assets for insurance acquisition cash flows to groups of reinsurance contracts held.Report this item in accordance with AASB 17 Appendix A and AASB 17.105A Disclosure. |\n| ------- | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- |\n| Item 23 | Report other movements in the net balance that are related to acquisitions, disposals, or portfolio transfers.Report this item in accordance with AASB 17.105 (d) Disclosure.                  |\n| Item 24 | Report other movements in the net balance not reported at items 22 and 23.Report this item in accordance with AASB 17.105 (d) Disclosure.                                                      |\n| Item 25 | Item 25, other movements in the net balance, is a derived item and is calculated as the sum of items 22 to 24 inclusive.                                                                       |\n\n#### Item 26: Net balance as at end of reporting period\n\n| Item 26 | Item 26, net balance as at end of reporting period, is a derived item and is calculated as the sum of item 3, item 17, item 21 and item 25. |\n| ------- | ------------------------------------------------------------------------------------------------------------------------------------------- |\n\n#### Item 27: Closing reinsurance contract assets\n\n| Item 27 | Report closing reinsurance contract assets.Report this item in accordance with AASB 17 Appendix A and AASB 17.99 (b) Disclosure. |\n| ------- | -------------------------------------------------------------------------------------------------------------------------------- |\n\n#### Item 28: Closing reinsurance contract liabilities\n\n| Item 28 | Report closing reinsurance contract liabilities.Report this item in accordance with AASB 17 Appendix A and AASB 17.99 (b) Disclosure. |\n| ------- | ------------------------------------------------------------------------------------------------------------------------------------- |\n\n#### Item 29: Net balance as at end of reporting period\n\n| Item 29 | Item 29, net balance as at end of reporting period, is a derived item and is calculated as the sum of item 27 and item 28. |\n| ------- | -------------------------------------------------------------------------------------------------------------------------- |\n\n### Liability Roll Forward 2 – Reconciliation of the measurement components of reinsurance contract balances\n\nFor contracts not measured under the PAA, report the items in the table based on AASB 17.98 and AASB 17.101 requirements to provide separate reconciliations for insurance contracts issued and reinsurance contracts held.\n\nReport zero values for line items if they are not applicable.\n\n| Column 1 | Report estimates of the present value of the future cash flows for the current reporting period.Report this item in accordance with AASB 17.101 (a) Disclosure.           |\n| -------- | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------- |\n| Column 2 | Report the risk adjustment for non-financial risk for the current reporting period.Report this item in accordance with AASB 17 Appendix A and AASB 17.101 (b) Disclosure. |\n| Column 3 | Report the contractual service margin (CSM) for the current reporting period.Report this item in accordance with AASB 17 Appendix A and AASB 17.101 (c) Disclosure.       |\n| Column 4 | Column 4, total current reporting period, is a derived column and is calculated as the sum of columns 1-3.                                                                |\n\n#### Item 1: Opening reinsurance contract assets\n\n| Item 1 | Report opening reinsurance contract assets.Report this item in accordance with AASB 17 Appendix A and AASB 17.99 (b) Disclosure. |\n| ------ | -------------------------------------------------------------------------------------------------------------------------------- |\n\n#### Item 2: Opening reinsurance contract liabilities\n\n| Item 2 | Report opening reinsurance contract liabilities.Report this item in accordance with AASB 17 Appendix A and AASB 17.99 (b) Disclosure. |\n| ------ | ------------------------------------------------------------------------------------------------------------------------------------- |\n\n#### Item 3: Net balance as at beginning of reporting period\n\n| Item 3 | Item 3, net balance as at beginning of reporting period, is a derived item and is calculated as the sum of item 1 and item 2. |\n| ------ | ----------------------------------------------------------------------------------------------------------------------------- |\n\n### Changes in the statement of profit or loss and OCI\n\n#### Items 4-7: Changes that relate to current services\n\n| Item 4 | Report CSM recognised for services received.Report this item in accordance with AASB 17 Appendix A and AASB 17.104 (b) (i) Disclosure.                               |\n| ------ | -------------------------------------------------------------------------------------------------------------------------------------------------------------------- |\n| Item 5 | Report change in risk adjustment for non-financial risk for risk expired.Report this item in accordance with AASB 17 Appendix A and AASB 17.104 (b) (ii) Disclosure. |\n| Item 6 | Report experience adjustments.Report this item in accordance with AASB 17 Appendix A and AASB 17.104 (b) (iii) Disclosure.                                           |\n| Item 7 | Item 7, total changes that relate to current services, is a derived item and is calculated as the sum of items 4 to 6 inclusive.                                     |\n\n#### Items 8-12: Changes that relate to future services\n\n| Item 8  | Report contracts initially recognised in the period.Report this item in accordance with AASB 17.104 (a) (iii) Disclosure.                                                                               |\n| ------- | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- |\n| Item 9  | Report changes in recoveries of losses on onerous underlying contracts that adjust the CSM.Report this item in accordance with AASB 17 Appendix A, AASB 17.105 (d) and AASB 17.66 (ba)–(bb) Disclosure. |\n| Item 10 | Report changes in estimates that adjust the CSM.Report this item in accordance with AASB 17 Appendix A and AASB 17.104 (a) (i) Disclosure.                                                              |\n| Item 11 | Report changes in estimates that relate to losses and reversals of losses on onerous underlying contracts that do not adjust the CSM.Report this item in accordance with AASB 17.104 (a) (ii).          |\n| Item 12 | Item 12, changes that relate to future services, is a derived item and is calculated as the sum of items 8 to 11 inclusive.                                                                             |\n\n#### Item 13: Changes that relate to past services - changes to assets for incurred claims\n\n| Item 13 | Report changes that relate to past services – changes to assets for incurred claims.Report this item in accordance with AASB 17.104 (c) Disclosure. |\n| ------- | --------------------------------------------------------------------------------------------------------------------------------------------------- |\n\n#### Item 14: Net income (expenses) from reinsurance contracts held\n\n| Item 14 | Item 14, net income (expenses) from reinsurance contracts held, is derived and is calculated as the sum of item 7, item 12 and item 13. |\n| ------- | --------------------------------------------------------------------------------------------------------------------------------------- |\n\n#### Item 15: Effect of changes in non-performance risk of reinsurers\n\n| Item 15 | Report effect of changes in non-performance risk of reinsurers.Report this item in accordance with AASB 17.105 (b) Disclosure. |\n| ------- | ------------------------------------------------------------------------------------------------------------------------------ |\n\n#### Item 16: Finance income (expenses) from reinsurance contracts held\n\n| Item 16 | Report finance income (expenses) from reinsurance contracts held.Report this item in accordance with AASB 17 Appendix A and AASB 17.105 (c) Disclosure. |\n| ------- | ------------------------------------------------------------------------------------------------------------------------------------------------------- |\n\n#### Item 17: Effect of movements in exchange rates\n\n| Item 17 | Report the effect of movements in exchange rates.Report this item in accordance with AASB 17.105 (d) Disclosure. |\n| ------- | ---------------------------------------------------------------------------------------------------------------- |\n\n#### Item 18: Total amounts recognised in the statement of profit or loss and OCI\n\n| Item 18 | Item 18, total amounts recognised in the statement of profit or loss and OCI, is a derived item and is calculated as the sum of items 14 to 17 inclusive. |\n| ------- | --------------------------------------------------------------------------------------------------------------------------------------------------------- |\n\n### Cash flows\n\n#### Report items 19-21 based on AASB 17.98 and 17.105 (a) requirements.\n\n#### Item 19: Premiums paid\n\n| Item 19 | Report premiums paid.Report this item in accordance with AASB 17.105 (a) (i) Disclosure. |\n| ------- | ---------------------------------------------------------------------------------------- |\n\n#### Item 20: Amounts received\n\n| Item 20 | Report amounts received.Report this item in accordance with AASB 17.105 (a) (iii) Disclosure. |\n| ------- | --------------------------------------------------------------------------------------------- |\n\n#### Item 21: Total cash flows\n\n| Item 21 | Item 21, total cash flows, is a derived item and is calculated as the sum of item 19 and item 20. |\n| ------- | ------------------------------------------------------------------------------------------------- |\n\n#### Items 22-24: Other movements in the net balance\n\n| Item 22 | Report other movements in the net balance that are related to acquisitions, disposals, or portfolio transfers.Report this item in accordance with AASB 17.105 (d) Disclosure. |\n| ------- | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------- |\n| Item 23 | Report other movements in the net balance not reported at item 22.Report this item in accordance with AASB 17.105 (d) Disclosure.                                             |\n| Item 24 | Item 24, other movements in the net balance, is a derived item and is calculated as the sum of item 22 and item 23.                                                           |\n\n#### Item 25: Net balance as at end of reporting period\n\n| Item 25 | Item 25, net balance as at end of reporting period, is a derived item and is calculated as the sum of item 3, item 18, item 21 and item 24. |\n| ------- | ------------------------------------------------------------------------------------------------------------------------------------------- |\n\n#### Item 26: Closing reinsurance contract assets\n\n| Item 26 | Report closing reinsurance contract assets.Report this item in accordance with AASB 17 Appendix A and AASB 17.99 (b) Disclosure. |\n| ------- | -------------------------------------------------------------------------------------------------------------------------------- |\n\n#### Item 27: Closing reinsurance contract liabilities\n\n| Item 27 | Report closing reinsurance contract liabilities.Report this item in accordance with AASB 17 Appendix A and AASB 17.99 (b) Disclosure. |\n| ------- | ------------------------------------------------------------------------------------------------------------------------------------- |\n\n#### Item 28: Net balance as at end of reporting period\n\n| Item 28 | Item 28, net balance as at end of reporting period, is a derived item and is calculated as the sum of item 26 and item 27. |\n| ------- | -------------------------------------------------------------------------------------------------------------------------- |","sortOrder":25},{"sectionNumber":"Liability Roll Forward 1 — Reconciliatio","sectionType":"division","heading":"Liability Roll Forward 1 — Reconciliation of the liability for remaining coverage and the liability for incurred claims","content":"### Liability Roll Forward 1 – Reconciliation of the liability for remaining coverage and the liability for incurred claims\n\nReport the items in the table based on AASB 17.100 requirements to provide reconciliation from the opening to the closing balances of the liabilities for remaining coverage (LRC) and liabilities for incurred claims (LIC). Report the reconciliation from the opening to the closing balance of assets for insurance acquisition cash flows based on the insurer’s interpretation of AASB 17.105A and AASB 17.105B requirements.\n\nReport zero values for line items if they are not applicable.\n\n| Column 1 | Report liabilities for remaining coverage excluding loss component for the current reporting period.Where a group of contracts meets the requirements under AASB 17.20, report these contracts in this column.Report this item in accordance with AASB 17 Appendix A and AASB 17.100 (a) Disclosure.                                    |\n| -------- | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- |\n| Column 2 | Report the loss component of liabilities for remaining coverage for the current reporting period.Report this item in accordance with AASB 17 Appendix A and AASB 17.100 (b) Disclosure.                                                                                                                                                 |\n| Column 3 | Report liabilities for incurred claims from contracts not measured under the Premium Allocation Approach (PAA) for the current reporting period.Report this item in accordance with AASB 17 Appendix A and AASB 17.100 (c) Disclosure.                                                                                                  |\n| Column 4 | For liabilities for incurred claims from contracts measured under the PAA, report estimates of the present value of the future cash flows for the current reporting period.Report this item in accordance with AASB 17 Appendix A and AASB 17.100 (c) (i) Disclosure.                                                                   |\n| Column 5 | For liabilities for incurred claims from contracts measured under PAA, report the risk adjustment for non-financial risk for the current reporting period.Report this item in accordance with AASB 17 Appendix A and AASB 17.100 (c) (ii) Disclosure.                                                                                   |\n| Column 6 | Report assets for insurance acquisition cash flows recognised applying AASB 17 paragraph 28B for the current reporting period.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. |\n| Column 7 | Column 7, total current reporting period, is a derived column and is calculated as the sum of columns 1 to 6.                                                                                                                                                                                                                           |\n\nItem 1: Opening insurance contract liabilities\n\n| Item 1 | Report opening insurance contract liabilities.Report this item in accordance with AASB 17 Appendix A and AASB 17.99 (b) Disclosure. |\n| ------ | ----------------------------------------------------------------------------------------------------------------------------------- |\n\nItem 2: Opening insurance contract assets\n\n| Item 2 | Report opening insurance contract assets.Report this item in accordance with AASB 17 Appendix A and AASB 17.99 (b) Disclosure. |\n| ------ | ------------------------------------------------------------------------------------------------------------------------------ |\n\nItem 3: Net balance as at beginning of reporting period\n\n| Item 3 | Item 3, net balance as at beginning of reporting period, is a derived item and is calculated as the sum of item 1 and item 2. |\n| ------ | ----------------------------------------------------------------------------------------------------------------------------- |","sortOrder":26},{"sectionNumber":"Changes in the statement of profit or lo","sectionType":"division","heading":"Changes in the statement of profit or loss and other comprehensive income (OCI)","content":"### Changes in the statement of profit or loss and other comprehensive income (OCI)\n\nItem 4: Insurance revenue\n\n| Item 4 | Report insurance revenue.Report this item in accordance with AASB 17.103 (a) Disclosure. |\n| ------ | ---------------------------------------------------------------------------------------- |","sortOrder":27},{"sectionNumber":"Items 5-11: Insurance service expenses","sectionType":"subdivision","heading":"Items 5-11: Insurance service expenses","content":"#### Items 5-11: Insurance service expenses\n\n| Item 5  | Report incurred claims and other expenses.Report this item in accordance with AASB 17.103 (b) (i) Disclosure.                                                                                                                                                |\n| ------- | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------ |\n| Item 6  | Report insurance acquisition cash flows amortisation.Report this item in accordance with AASB 17.103 (b) (ii) Disclosure.                                                                                                                                    |\n| Item 7  | Report changes that relate to future service: losses on onerous contracts and reversals of those losses.Report this item in accordance with AASB 17.103 (b) (iv) Disclosure.                                                                                 |\n| Item 8  | Report changes that relate to past service: changes to liabilities for incurred claims.Report this item in accordance with AASB 17.103 (b) (iii) Disclosure.                                                                                                 |\n| Item 9  | Report impairment of assets for insurance acquisition cash flows.Report this item in accordance with AASB 17 Appendix A, AASB 17.105A and AASB 17.105B Disclosure.Based on the insurer’s interpretation of AASB 17.105A, this item may not apply.            |\n| Item 10 | Report reversal of impairment of assets for insurance acquisition cash flowsReport this item in accordance with AASB 17 Appendix A, AASB 17.105A and AASB 17.105B Disclosure.Based on the insurer’s interpretation of AASB 17.105A, this item may not apply. |\n| Item 11 | Item 11, total insurance service expenses, is a derived item and is calculated as the sum of items 5 to 10 inclusive.                                                                                                                                        |","sortOrder":28},{"sectionNumber":"Item 12: Investment components and premi","sectionType":"subdivision","heading":"Item 12: Investment components and premium refunds","content":"#### Item 12: Investment components and premium refunds\n\n| Item 12 | Report investment components and premium refunds.Report this item in accordance with AASB 17 Appendix A and AASB 17.103 (c) Disclosure.Premium refunds may also be netted against the premiums received as disclosed under AASB 17.105 (a) (i). |\n| ------- | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- |","sortOrder":29},{"sectionNumber":"Item 13: Insurance service result","sectionType":"subdivision","heading":"Item 13: Insurance service result","content":"#### Item 13: Insurance service result\n\n| Item 13 | Item 13, insurance service result, is a derived item and is calculated as the sum of item 4, item 11 and item 12. |\n| ------- | ----------------------------------------------------------------------------------------------------------------- |","sortOrder":30},{"sectionNumber":"Item 14: Finance expenses from insurance","sectionType":"subdivision","heading":"Item 14: Finance expenses from insurance contracts issued","content":"#### Item 14: Finance expenses from insurance contracts issued\n\n| Item 14 | Report finance expenses from insurance contracts issued.Report this item in accordance with AASB 17 Appendix A and AASB 17.105 (c) Disclosure. |\n| ------- | ---------------------------------------------------------------------------------------------------------------------------------------------- |","sortOrder":31},{"sectionNumber":"Item 15: Effect of movements in exchange","sectionType":"subdivision","heading":"Item 15: Effect of movements in exchange rates","content":"#### Item 15: Effect of movements in exchange rates\n\n| Item 15 | Report effect of movements in exchange rates.Report this item in accordance with AASB 17.105 (d) Disclosure. |\n| ------- | ------------------------------------------------------------------------------------------------------------ |","sortOrder":32},{"sectionNumber":"Item 16: Total amounts recognised in the","sectionType":"subdivision","heading":"Item 16: Total amounts recognised in the statement of profit or loss and OCI","content":"#### Item 16: Total amounts recognised in the statement of profit or loss and OCI\n\n| Item 16 | Item 16, total amounts recognised in the statement of profit or loss and OCI, is a derived item and is calculated as the sum of items 13 to 15 inclusive. |\n| ------- | --------------------------------------------------------------------------------------------------------------------------------------------------------- |","sortOrder":33},{"sectionNumber":"Cash flows","sectionType":"subdivision","heading":"Cash flows","content":"#### Cash flows\n\nReport items 17-20 based on AASB 17.98 and 17.105 (a) requirements.","sortOrder":34},{"sectionNumber":"Items 17-20: Cash flows","sectionType":"subdivision","heading":"Items 17-20: Cash flows","content":"#### Items 17-20: Cash flows\n\n| Item 17 | Report premiums received.Report this item in accordance with AASB 17.105 (a) (i) Disclosure.                                                                        |\n| ------- | ------------------------------------------------------------------------------------------------------------------------------------------------------------------- |\n| Item 18 | Report claims and other expenses paid, including investment components.Report this item in accordance with AASB 17 Appendix A and AASB 17.105 (a) (iii) Disclosure. |\n| Item 19 | Report insurance acquisition cash flows.Report this item in accordance with AASB 17 Appendix A, AASB 17.105 (a) (ii) Disclosure and AASB 17.105A Disclosure.        |\n| Item 20 | Item 20, total cash flows, is a derived item and is calculated as the sum of items 17 to 19 inclusive.                                                              |","sortOrder":35},{"sectionNumber":"Items 21-24: Other movements in the net ","sectionType":"subdivision","heading":"Items 21-24: Other movements in the net balance","content":"#### Items 21-24: Other movements in the net balance\n\n| Item 21 | Report allocation from assets for insurance acquisition cash flows to groups of insurance contracts.Report this item in accordance with AASB 17 Appendix A and AASB 17.105A Disclosure.Based on the insurer’s interpretation of AASB 17.105A, this item may not apply. |\n| ------- | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- |\n| Item 22 | Report other movements in the net balance that are related to acquisitions/disposals/portfolio transfers.Report this item in accordance with AASB 17.105 (d) Disclosure.                                                                                               |\n| Item 23 | Report other movements in the net balance not reported at items 21 and 22.Report this item in accordance with AASB 17.105 (d) Disclosure.                                                                                                                              |\n| Item 24 | Item 24, other movements in the net balance, is a derived item and is calculated as the sum of items 21 to 23 inclusive.                                                                                                                                               |","sortOrder":36},{"sectionNumber":"Item 25: Net balance as at end of report","sectionType":"subdivision","heading":"Item 25: Net balance as at end of reporting period","content":"#### Item 25: Net balance as at end of reporting period\n\n| Item 25 | Item 25, net balance as at end of reporting period, is a derived item and is calculated as the sum of item 3, item 16, item 20 and item 24. |\n| ------- | ------------------------------------------------------------------------------------------------------------------------------------------- |","sortOrder":37},{"sectionNumber":"Item 26: Closing insurance contract liab","sectionType":"subdivision","heading":"Item 26: Closing insurance contract liabilities","content":"#### Item 26: Closing insurance contract liabilities\n\n| Item 26 | Report closing insurance contract liabilities.Report this item in accordance with AASB 17 Appendix A and AASB 17.99 (b) Disclosure. |\n| ------- | ----------------------------------------------------------------------------------------------------------------------------------- |","sortOrder":38},{"sectionNumber":"Item 27: Closing insurance contract asse","sectionType":"subdivision","heading":"Item 27: Closing insurance contract assets","content":"#### Item 27: Closing insurance contract assets\n\n| Item 27 | Report closing insurance contract assets.Report this item in accordance with AASB 17 Appendix A and AASB 17.99 (b) Disclosure. |\n| ------- | ------------------------------------------------------------------------------------------------------------------------------ |","sortOrder":39},{"sectionNumber":"Item 28: Net balance as at end of report","sectionType":"subdivision","heading":"Item 28: Net balance as at end of reporting period","content":"#### Item 28: Net balance as at end of reporting period\n\n| Item 28 | Item 28, net balance as at end of reporting period, is a derived item and is calculated as the sum of item 26 and item 27. |\n| ------- | -------------------------------------------------------------------------------------------------------------------------- |","sortOrder":40},{"sectionNumber":"Liability Roll Forward 2 — Reconciliatio","sectionType":"division","heading":"Liability Roll Forward 2 — Reconciliation of the measurement components of insurance contract balances","content":"### Liability Roll Forward 2 – Reconciliation of the measurement components of insurance contract balances\n\nFor contracts not measured under the PAA, report the items in the table based on AASB 17.101 requirements.\n\nReport zero values for line items if they are not applicable.\n\n| Column 1 | Report estimates of the present value of the future cash flows for the current reporting period.Report this item in accordance with AASB 17.101 (a) Disclosure.           |\n| -------- | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------- |\n| Column 2 | Report the risk adjustment for non-financial risk for the current reporting period.Report this item in accordance with AASB 17 Appendix A and AASB 17.101 (b) Disclosure. |\n| Column 3 | Report the contractual service margin (CSM) for the current reporting period.Report this item in accordance with AASB 17 Appendix A and AASB 17.101 (c) Disclosure.       |\n| Column 4 | Column 4, total current reporting period, is a derived column and is calculated as the sum of columns 1-3.                                                                |","sortOrder":41},{"sectionNumber":"Item 1: Opening insurance contract liabi","sectionType":"subdivision","heading":"Item 1: Opening insurance contract liabilities","content":"#### Item 1: Opening insurance contract liabilities\n\n| Item 1 | Report opening insurance contract liabilities.Report this item in accordance with AASB 17 Appendix A and AASB 17.99 (b) Disclosure. |\n| ------ | ----------------------------------------------------------------------------------------------------------------------------------- |","sortOrder":42},{"sectionNumber":"Item 2: Opening insurance contract asset","sectionType":"subdivision","heading":"Item 2: Opening insurance contract assets","content":"#### Item 2: Opening insurance contract assets\n\n| Item 2 | Report opening insurance contract assets.Report this item in accordance with AASB 17 Appendix A and AASB 17.99 (b) Disclosure. |\n| ------ | ------------------------------------------------------------------------------------------------------------------------------ |","sortOrder":43},{"sectionNumber":"Item 3: Net balance as at beginning of r","sectionType":"subdivision","heading":"Item 3: Net balance as at beginning of reporting period","content":"#### Item 3: Net balance as at beginning of reporting period\n\n| Item 3 | Item 3, net balance as at beginning of reporting period, is a derived item and is calculated as the sum of item 1 and item 2. |\n| ------ | ----------------------------------------------------------------------------------------------------------------------------- |","sortOrder":44},{"sectionNumber":"Items 4-7: Changes that relate to curren","sectionType":"subdivision","heading":"Items 4-7: Changes that relate to current services","content":"#### Items 4-7: Changes that relate to current services\n\n| Item 4 | Report CSM recognised for services provided.Report this item in accordance with AASB 17 Appendix A and AASB 17.104 (b) (i) Disclosure.                               |\n| ------ | -------------------------------------------------------------------------------------------------------------------------------------------------------------------- |\n| Item 5 | Report change in risk adjustment for non-financial risk for risk expired.Report this item in accordance with AASB 17 Appendix A and AASB 17.104 (b) (ii) Disclosure. |\n| Item 6 | Report experience adjustments.Report this item in accordance with AASB 17 Appendix A and AASB 17.104 (b) (iii) Disclosure.                                           |\n| Item 7 | Item 7, total changes that relate to current services, is a derived item and is calculated as the sum of items 4 to 6 inclusive.                                     |","sortOrder":46},{"sectionNumber":"Items 8-11: Changes that relate to futur","sectionType":"subdivision","heading":"Items 8-11: Changes that relate to future services","content":"#### Items 8-11: Changes that relate to future services\n\n| Item 8  | Report changes in estimates that adjust the CSM.Report this item in accordance with AASB 17 Appendix A and AASB 17.104 (a) (i) Disclosure.                                                                                  |\n| ------- | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- |\n| Item 9  | Report changes in estimates that do not adjust the CSM, i.e. losses on groups of onerous contracts and reversals of such losses.Report this item in accordance with AASB 17 Appendix A and AASB 17.104 (a) (ii) Disclosure. |\n| Item 10 | Report contracts initially recognised in the period.Report this item in accordance with AASB 17.104 (a) (iii) Disclosure.                                                                                                   |\n| Item 11 | Item 11, total changes that relate to future services, is a derived item and is calculated as the sum of items 8 to 10 inclusive.                                                                                           |","sortOrder":47},{"sectionNumber":"Item 12: Changes that relate to past ser","sectionType":"subdivision","heading":"Item 12: Changes that relate to past services - Changes to liabilities for incurred claims","content":"#### Item 12: Changes that relate to past services - Changes to liabilities for incurred claims\n\n| Item 12 | Report changes that relate to past services - changes to liabilities for incurred claims.Report this item in accordance with AASB 17.104 (c) Disclosure. |\n| ------- | -------------------------------------------------------------------------------------------------------------------------------------------------------- |","sortOrder":48},{"sectionNumber":"Item 14: Finance expenses or income from","sectionType":"subdivision","heading":"Item 14: Finance expenses or income from insurance contracts issued","content":"#### Item 14: Finance expenses or income from insurance contracts issued\n\n| Item 14 | Report finance expenses or income from insurance contracts issued.Report this item in accordance with AASB 17 Appendix A and AASB 17.105 (c) Disclosure. |\n| ------- | -------------------------------------------------------------------------------------------------------------------------------------------------------- |","sortOrder":50},{"sectionNumber":"Item 17: Premiums received","sectionType":"subdivision","heading":"Item 17: Premiums received","content":"#### Item 17: Premiums received\n\n| Item 17 | Report premiums received for insurance contracts issued.Report this item in accordance with AASB 17 Appendix A and AASB 17.105 (a) (i) Disclosure. |\n| ------- | -------------------------------------------------------------------------------------------------------------------------------------------------- |","sortOrder":54},{"sectionNumber":"Item 18: Claims and other expenses paid","sectionType":"subdivision","heading":"Item 18: Claims and other expenses paid","content":"#### Item 18: Claims and other expenses paid\n\n| Item 18 | Report claims and other expenses paid.Report this item in accordance with AASB 17.105 (a) (iii) Disclosure. |\n| ------- | ----------------------------------------------------------------------------------------------------------- |","sortOrder":55},{"sectionNumber":"Item 19: Insurance acquisition cash flow","sectionType":"subdivision","heading":"Item 19: Insurance acquisition cash flows paid","content":"#### Item 19: Insurance acquisition cash flows paid\n\n| Item 19 | Report insurance acquisition cash flows paid.Report this item in accordance with AASB 17 Appendix A and AASB 17.105 (a) (ii) Disclosure. |\n| ------- | ---------------------------------------------------------------------------------------------------------------------------------------- |","sortOrder":56},{"sectionNumber":"Item 20: Total cash flows","sectionType":"subdivision","heading":"Item 20: Total cash flows","content":"#### Item 20: Total cash flows\n\n| Item 20 | Item 20, total cash flows, is a derived item and is calculated as the sum of items 17 to 19 inclusive. |\n| ------- | ------------------------------------------------------------------------------------------------------ |","sortOrder":57},{"sectionNumber":"Items 26-28: Closing balances","sectionType":"subdivision","heading":"Items 26-28: Closing balances","content":"#### Items 26-28: Closing balances\n\n| Item 26 | Report closing insurance contract liabilities.Report this item in accordance with AASB 17 Appendix A and AASB 17.99 (b) Disclosure. |\n| ------- | ----------------------------------------------------------------------------------------------------------------------------------- |\n| Item 27 | Report closing insurance contract assets.Report this item in accordance with AASB 17 Appendix A and AASB 17.99 (b) Disclosure.      |\n| Item 28 | Item 28, net balance as at end of reporting period, is a derived item and is calculated as the sum of item 26 and item 27.          |","sortOrder":60},{"sectionNumber":"Part B","sectionType":"part","heading":": Reinsurance contracts held (outwards reinsurance by cedant/retrocedent)","content":"# Reporting Standard HRS 320.0\n\n# Liability Roll Forwards\n\n## General instructions\n\nThese instructions assist completion of the Reporting Standard HRS 320.0 Liability Roll Forwards, which collects information relating to reconciliations of insurance contract liabilities required by AASB 17 Insurance Contracts (AASB 17). These instructions also apply to roll forwards of assets for insurance acquisition cash flows and reinsurance contracts held.\n\n### Reporting tables\n\nTables described in this reporting standard list each of the data fields required to be reported. The data fields are listed sequentially in the column order that they will appear in the reported data set. Constraints on the data that can be reported for each field have also been provided.\n\n### General accounting basis\n\nUnless otherwise specifically stated, reporting insurers are to report in accordance with the relevant Australian Accounting Standards.\n\n### References to Australian Accounting Standards\n\nEach item reported under this Reporting Standard aligns with the Accounting Standards made by the Australian Accounting Standards Board (AASB). The applicable AASB references are specified with each item. AASB reference provides a written description of the accounting meaning of an IFRS Taxonomy element.\n\n### IFRS taxonomy element reference\n\nEach IFRS taxonomy element contains at least one cross-reference to an AASB Standard (that incorporates IFRS 17 Standards as issued and amended by the International Accounting Standards Board) and has a reference type that can be used to identify the source of that element. The IFRS Taxonomy uses the following element reference types:\n\n    (a) disclosure—an element of this type depicts a presentation or disclosure requirement of an IFRS/AASB Standard;\n    (b) example—an element of this type represents an example provided in an IFRS/AASB Standard or its accompanying materials; and\n    (a) common practice—an element of this type reflects common reporting practice within IFRS/AASB financial statements. They are not specifically mentioned in IFRS/AASB Standards or their accompanying materials, but are consistent with IFRS/AASB Standards. They have been found to be frequently disclosed across a range of companies and accounting jurisdictions.\n\n### Definitions\n\nTerms highlighted in bold italics indicate that the definition is provided in this Reporting Standard.\n\n## Specific instructions\n\n### Reporting basis\n\nInformation in this Reporting Standard is to be completed by private health insurers for each reporting period on a private health insurer basis.\n\n### Units of measurement\n\nReport values in this Reporting Standard in whole Australian dollars (AUD).\n\nConvert amounts denominated in foreign currency to AUD in accordance with AASB 121 The Effects of Changes in Foreign Exchange Rates.\n\nDirect business is any insurance business written / insurance contracts issued by the reporting insurer.\n\nInwards reinsurance is any reinsurance business written / reinsurance contracts issued by the reporting insurer.\n\n  \n\n  \n\n## Part A: Insurance contracts issued (direct business/inwards reinsurance)\n\n### Liability Roll Forward 1 – Reconciliation of the liability for remaining coverage and the liability for incurred claims\n\nReport the items in the table based on AASB 17.100 requirements to provide reconciliation from the opening to the closing balances of the liabilities for remaining coverage (LRC) and liabilities for incurred claims (LIC). Report the reconciliation from the opening to the closing balance of assets for insurance acquisition cash flows based on the insurer’s interpretation of AASB 17.105A and AASB 17.105B requirements.\n\nReport zero values for line items if they are not applicable.\n\n| Column 1 | Report liabilities for remaining coverage excluding loss component for the current reporting period.Where a group of contracts meets the requirements under AASB 17.20, report these contracts in this column.Report this item in accordance with AASB 17 Appendix A and AASB 17.100 (a) Disclosure.                                    |\n| -------- | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- |\n| Column 2 | Report the loss component of liabilities for remaining coverage for the current reporting period.Report this item in accordance with AASB 17 Appendix A and AASB 17.100 (b) Disclosure.                                                                                                                                                 |\n| Column 3 | Report liabilities for incurred claims from contracts not measured under the Premium Allocation Approach (PAA) for the current reporting period.Report this item in accordance with AASB 17 Appendix A and AASB 17.100 (c) Disclosure.                                                                                                  |\n| Column 4 | For liabilities for incurred claims from contracts measured under the PAA, report estimates of the present value of the future cash flows for the current reporting period.Report this item in accordance with AASB 17 Appendix A and AASB 17.100 (c) (i) Disclosure.                                                                   |\n| Column 5 | For liabilities for incurred claims from contracts measured under PAA, report the risk adjustment for non-financial risk for the current reporting period.Report this item in accordance with AASB 17 Appendix A and AASB 17.100 (c) (ii) Disclosure.                                                                                   |\n| Column 6 | Report assets for insurance acquisition cash flows recognised applying AASB 17 paragraph 28B for the current reporting period.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. |\n| Column 7 | Column 7, total current reporting period, is a derived column and is calculated as the sum of columns 1 to 6.                                                                                                                                                                                                                           |\n\nItem 1: Opening insurance contract liabilities\n\n| Item 1 | Report opening insurance contract liabilities.Report this item in accordance with AASB 17 Appendix A and AASB 17.99 (b) Disclosure. |\n| ------ | ----------------------------------------------------------------------------------------------------------------------------------- |\n\nItem 2: Opening insurance contract assets\n\n| Item 2 | Report opening insurance contract assets.Report this item in accordance with AASB 17 Appendix A and AASB 17.99 (b) Disclosure. |\n| ------ | ------------------------------------------------------------------------------------------------------------------------------ |\n\nItem 3: Net balance as at beginning of reporting period\n\n| Item 3 | Item 3, net balance as at beginning of reporting period, is a derived item and is calculated as the sum of item 1 and item 2. |\n| ------ | ----------------------------------------------------------------------------------------------------------------------------- |\n\n### Changes in the statement of profit or loss and other comprehensive income (OCI)\n\nItem 4: Insurance revenue\n\n| Item 4 | Report insurance revenue.Report this item in accordance with AASB 17.103 (a) Disclosure. |\n| ------ | ---------------------------------------------------------------------------------------- |\n\n#### Items 5-11: Insurance service expenses\n\n| Item 5  | Report incurred claims and other expenses.Report this item in accordance with AASB 17.103 (b) (i) Disclosure.                                                                                                                                                |\n| ------- | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------ |\n| Item 6  | Report insurance acquisition cash flows amortisation.Report this item in accordance with AASB 17.103 (b) (ii) Disclosure.                                                                                                                                    |\n| Item 7  | Report changes that relate to future service: losses on onerous contracts and reversals of those losses.Report this item in accordance with AASB 17.103 (b) (iv) Disclosure.                                                                                 |\n| Item 8  | Report changes that relate to past service: changes to liabilities for incurred claims.Report this item in accordance with AASB 17.103 (b) (iii) Disclosure.                                                                                                 |\n| Item 9  | Report impairment of assets for insurance acquisition cash flows.Report this item in accordance with AASB 17 Appendix A, AASB 17.105A and AASB 17.105B Disclosure.Based on the insurer’s interpretation of AASB 17.105A, this item may not apply.            |\n| Item 10 | Report reversal of impairment of assets for insurance acquisition cash flowsReport this item in accordance with AASB 17 Appendix A, AASB 17.105A and AASB 17.105B Disclosure.Based on the insurer’s interpretation of AASB 17.105A, this item may not apply. |\n| Item 11 | Item 11, total insurance service expenses, is a derived item and is calculated as the sum of items 5 to 10 inclusive.                                                                                                                                        |\n\n#### Item 12: Investment components and premium refunds\n\n| Item 12 | Report investment components and premium refunds.Report this item in accordance with AASB 17 Appendix A and AASB 17.103 (c) Disclosure.Premium refunds may also be netted against the premiums received as disclosed under AASB 17.105 (a) (i). |\n| ------- | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- |\n\n#### Item 13: Insurance service result\n\n| Item 13 | Item 13, insurance service result, is a derived item and is calculated as the sum of item 4, item 11 and item 12. |\n| ------- | ----------------------------------------------------------------------------------------------------------------- |\n\n#### Item 14: Finance expenses from insurance contracts issued\n\n| Item 14 | Report finance expenses from insurance contracts issued.Report this item in accordance with AASB 17 Appendix A and AASB 17.105 (c) Disclosure. |\n| ------- | ---------------------------------------------------------------------------------------------------------------------------------------------- |\n\n#### Item 15: Effect of movements in exchange rates\n\n| Item 15 | Report effect of movements in exchange rates.Report this item in accordance with AASB 17.105 (d) Disclosure. |\n| ------- | ------------------------------------------------------------------------------------------------------------ |\n\n#### Item 16: Total amounts recognised in the statement of profit or loss and OCI\n\n| Item 16 | Item 16, total amounts recognised in the statement of profit or loss and OCI, is a derived item and is calculated as the sum of items 13 to 15 inclusive. |\n| ------- | --------------------------------------------------------------------------------------------------------------------------------------------------------- |\n\n#### Cash flows\n\nReport items 17-20 based on AASB 17.98 and 17.105 (a) requirements.\n\n#### Items 17-20: Cash flows\n\n| Item 17 | Report premiums received.Report this item in accordance with AASB 17.105 (a) (i) Disclosure.                                                                        |\n| ------- | ------------------------------------------------------------------------------------------------------------------------------------------------------------------- |\n| Item 18 | Report claims and other expenses paid, including investment components.Report this item in accordance with AASB 17 Appendix A and AASB 17.105 (a) (iii) Disclosure. |\n| Item 19 | Report insurance acquisition cash flows.Report this item in accordance with AASB 17 Appendix A, AASB 17.105 (a) (ii) Disclosure and AASB 17.105A Disclosure.        |\n| Item 20 | Item 20, total cash flows, is a derived item and is calculated as the sum of items 17 to 19 inclusive.                                                              |\n\n#### Items 21-24: Other movements in the net balance\n\n| Item 21 | Report allocation from assets for insurance acquisition cash flows to groups of insurance contracts.Report this item in accordance with AASB 17 Appendix A and AASB 17.105A Disclosure.Based on the insurer’s interpretation of AASB 17.105A, this item may not apply. |\n| ------- | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- |\n| Item 22 | Report other movements in the net balance that are related to acquisitions/disposals/portfolio transfers.Report this item in accordance with AASB 17.105 (d) Disclosure.                                                                                               |\n| Item 23 | Report other movements in the net balance not reported at items 21 and 22.Report this item in accordance with AASB 17.105 (d) Disclosure.                                                                                                                              |\n| Item 24 | Item 24, other movements in the net balance, is a derived item and is calculated as the sum of items 21 to 23 inclusive.                                                                                                                                               |\n\n#### Item 25: Net balance as at end of reporting period\n\n| Item 25 | Item 25, net balance as at end of reporting period, is a derived item and is calculated as the sum of item 3, item 16, item 20 and item 24. |\n| ------- | ------------------------------------------------------------------------------------------------------------------------------------------- |\n\n#### Item 26: Closing insurance contract liabilities\n\n| Item 26 | Report closing insurance contract liabilities.Report this item in accordance with AASB 17 Appendix A and AASB 17.99 (b) Disclosure. |\n| ------- | ----------------------------------------------------------------------------------------------------------------------------------- |\n\n#### Item 27: Closing insurance contract assets\n\n| Item 27 | Report closing insurance contract assets.Report this item in accordance with AASB 17 Appendix A and AASB 17.99 (b) Disclosure. |\n| ------- | ------------------------------------------------------------------------------------------------------------------------------ |\n\n#### Item 28: Net balance as at end of reporting period\n\n| Item 28 | Item 28, net balance as at end of reporting period, is a derived item and is calculated as the sum of item 26 and item 27. |\n| ------- | -------------------------------------------------------------------------------------------------------------------------- |\n\n### Liability Roll Forward 2 – Reconciliation of the measurement components of insurance contract balances\n\nFor contracts not measured under the PAA, report the items in the table based on AASB 17.101 requirements.\n\nReport zero values for line items if they are not applicable.\n\n| Column 1 | Report estimates of the present value of the future cash flows for the current reporting period.Report this item in accordance with AASB 17.101 (a) Disclosure.           |\n| -------- | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------- |\n| Column 2 | Report the risk adjustment for non-financial risk for the current reporting period.Report this item in accordance with AASB 17 Appendix A and AASB 17.101 (b) Disclosure. |\n| Column 3 | Report the contractual service margin (CSM) for the current reporting period.Report this item in accordance with AASB 17 Appendix A and AASB 17.101 (c) Disclosure.       |\n| Column 4 | Column 4, total current reporting period, is a derived column and is calculated as the sum of columns 1-3.                                                                |\n\n#### Item 1: Opening insurance contract liabilities\n\n| Item 1 | Report opening insurance contract liabilities.Report this item in accordance with AASB 17 Appendix A and AASB 17.99 (b) Disclosure. |\n| ------ | ----------------------------------------------------------------------------------------------------------------------------------- |\n\n#### Item 2: Opening insurance contract assets\n\n| Item 2 | Report opening insurance contract assets.Report this item in accordance with AASB 17 Appendix A and AASB 17.99 (b) Disclosure. |\n| ------ | ------------------------------------------------------------------------------------------------------------------------------ |\n\n#### Item 3: Net balance as at beginning of reporting period\n\n| Item 3 | Item 3, net balance as at beginning of reporting period, is a derived item and is calculated as the sum of item 1 and item 2. |\n| ------ | ----------------------------------------------------------------------------------------------------------------------------- |\n\n### Changes in the statement of profit or loss and OCI\n\n#### Items 4-7: Changes that relate to current services\n\n| Item 4 | Report CSM recognised for services provided.Report this item in accordance with AASB 17 Appendix A and AASB 17.104 (b) (i) Disclosure.                               |\n| ------ | -------------------------------------------------------------------------------------------------------------------------------------------------------------------- |\n| Item 5 | Report change in risk adjustment for non-financial risk for risk expired.Report this item in accordance with AASB 17 Appendix A and AASB 17.104 (b) (ii) Disclosure. |\n| Item 6 | Report experience adjustments.Report this item in accordance with AASB 17 Appendix A and AASB 17.104 (b) (iii) Disclosure.                                           |\n| Item 7 | Item 7, total changes that relate to current services, is a derived item and is calculated as the sum of items 4 to 6 inclusive.                                     |\n\n#### Items 8-11: Changes that relate to future services\n\n| Item 8  | Report changes in estimates that adjust the CSM.Report this item in accordance with AASB 17 Appendix A and AASB 17.104 (a) (i) Disclosure.                                                                                  |\n| ------- | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- |\n| Item 9  | Report changes in estimates that do not adjust the CSM, i.e. losses on groups of onerous contracts and reversals of such losses.Report this item in accordance with AASB 17 Appendix A and AASB 17.104 (a) (ii) Disclosure. |\n| Item 10 | Report contracts initially recognised in the period.Report this item in accordance with AASB 17.104 (a) (iii) Disclosure.                                                                                                   |\n| Item 11 | Item 11, total changes that relate to future services, is a derived item and is calculated as the sum of items 8 to 10 inclusive.                                                                                           |\n\n#### Item 12: Changes that relate to past services - Changes to liabilities for incurred claims\n\n| Item 12 | Report changes that relate to past services - changes to liabilities for incurred claims.Report this item in accordance with AASB 17.104 (c) Disclosure. |\n| ------- | -------------------------------------------------------------------------------------------------------------------------------------------------------- |\n\n#### Item 13: Insurance service result\n\n| Item 13 | Item 13, insurance service result, is a derived item and is calculated as the sum of item 7, item 11 and item 12. |\n| ------- | ----------------------------------------------------------------------------------------------------------------- |\n\n#### Item 14: Finance expenses or income from insurance contracts issued\n\n| Item 14 | Report finance expenses or income from insurance contracts issued.Report this item in accordance with AASB 17 Appendix A and AASB 17.105 (c) Disclosure. |\n| ------- | -------------------------------------------------------------------------------------------------------------------------------------------------------- |\n\n#### Item 15: Effect of movements in exchange rates\n\n| Item 15 | Report effect of movements in exchange rates.Report this item in accordance with AASB 17.105 (d) Disclosure. |\n| ------- | ------------------------------------------------------------------------------------------------------------ |\n\n#### Item 16: Total amounts recognised in the statement of profit or loss and OCI\n\n| Item 16 | Item 16, total amounts recognised in the statement of profit or loss and OCI, is a derived item and is calculated as the sum of items 13 to 15 inclusive. |\n| ------- | --------------------------------------------------------------------------------------------------------------------------------------------------------- |\n\n### Cash flows\n\nReport items 17-20 based on AASB 17.98 and 17.105 (a) requirements.\n\n#### Item 17: Premiums received\n\n| Item 17 | Report premiums received for insurance contracts issued.Report this item in accordance with AASB 17 Appendix A and AASB 17.105 (a) (i) Disclosure. |\n| ------- | -------------------------------------------------------------------------------------------------------------------------------------------------- |\n\n#### Item 18: Claims and other expenses paid\n\n| Item 18 | Report claims and other expenses paid.Report this item in accordance with AASB 17.105 (a) (iii) Disclosure. |\n| ------- | ----------------------------------------------------------------------------------------------------------- |\n\n#### Item 19: Insurance acquisition cash flows paid\n\n| Item 19 | Report insurance acquisition cash flows paid.Report this item in accordance with AASB 17 Appendix A and AASB 17.105 (a) (ii) Disclosure. |\n| ------- | ---------------------------------------------------------------------------------------------------------------------------------------- |\n\n#### Item 20: Total cash flows\n\n| Item 20 | Item 20, total cash flows, is a derived item and is calculated as the sum of items 17 to 19 inclusive. |\n| ------- | ------------------------------------------------------------------------------------------------------ |\n\n#### Items 21-24: Other movements in the net balance\n\n| Item 21 | Report allocation from assets for insurance acquisition cash flows to groups of insurance contracts.Report this item in accordance with AASB 17 Appendix A and AASB 17.105A Disclosure.Based on the insurer’s interpretation of AASB 17.105A, this item may not apply. |\n| ------- | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- |\n| Item 22 | Report other movements in the net balance that are related to acquisitions/disposals/portfolio transfers.Report this item in accordance with AASB 17.105 (d) Disclosure.                                                                                               |\n| Item 23 | Report other movements in the net balance not reported at items 21 and 22.Report this item in accordance with AASB 17.105 (d) Disclosure.                                                                                                                              |\n| Item 24 | Item 24, other movements in the net balance, is a derived item and is calculated as the sum of items 21 to 23 inclusive.                                                                                                                                               |\n\n#### Item 25: Net balance as at end of reporting period\n\n| Item 25 | Item 25, net balance as at end of reporting period, is a derived item and is calculated as the sum of item 3, item 16, item 20 and item 24. |\n| ------- | ------------------------------------------------------------------------------------------------------------------------------------------- |\n\n#### Items 26-28: Closing balances\n\n| Item 26 | Report closing insurance contract liabilities.Report this item in accordance with AASB 17 Appendix A and AASB 17.99 (b) Disclosure. |\n| ------- | ----------------------------------------------------------------------------------------------------------------------------------- |\n| Item 27 | Report closing insurance contract assets.Report this item in accordance with AASB 17 Appendix A and AASB 17.99 (b) Disclosure.      |\n| Item 28 | Item 28, net balance as at end of reporting period, is a derived item and is calculated as the sum of item 26 and item 27.          |\n\n  \n\n## Part B: Reinsurance contracts held (outwards reinsurance by cedant/retrocedent)\n\n### Liability Roll Forward 1 – Reconciliation of the asset for remaining coverage and the asset for incurred claims\n\nReport the items in the table based on AASB 17.98, AASB 17.100, AASB 17.105A and AASB 17.105B requirements to provide separate reconciliations for insurance contracts issued and reinsurance contracts held.\n\nReport zero values for line items if they are not applicable.\n\n| Column 1 | Report assets for remaining coverage excluding loss-recovery component for the current reporting period.Report this item in accordance with AASB 17.100 (a) Disclosure.                                                                                                                                                                 |\n| -------- | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- |\n| Column 2 | Report the loss-recovery component of assets for remaining coverage for the current reporting period.Report this item in accordance with AASB 17.66B and AASB 17.100 (b) Disclosure.                                                                                                                                                    |\n| Column 3 | For contracts not measured under the Premium Allocation Approach (PAA), report assets for incurred claims for the current reporting period.Report this item in accordance with AASB 17.100 (c) Disclosure.                                                                                                                              |\n| Column 4 | 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.Report this item in accordance with AASB 17.100 (c) (i) Disclosure.                                                                                                     |\n| Column 5 | For contracts measured under PAA, report the risk adjustment for non-financial risk of assets for incurred claims for the current reporting period.Report this item in accordance with AASB 17 Appendix A and AASB 17.100 (c) (ii) Disclosure.                                                                                          |\n| Column 6 | Report assets for insurance acquisition cash flows recognised applying AASB 17 paragraph 28B for the current reporting period.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. |\n| Column 7 | Column 7, total current reporting period, is a derived column and is calculated as the sum of columns 1 to 6.                                                                                                                                                                                                                           |\n\n#### Item 1: Opening reinsurance contract assets\n\n| Item 1 | Report opening reinsurance contract assets.Report this item in accordance with AASB 17 Appendix A and AASB 17.99 (b) Disclosure. |\n| ------ | -------------------------------------------------------------------------------------------------------------------------------- |\n\n#### Item 2: Opening reinsurance contract liabilities\n\n| Item 2 | Report opening reinsurance contract liabilities.Report this item in accordance with AASB 17 Appendix A and AASB 17.99 (b) Disclosure. |\n| ------ | ------------------------------------------------------------------------------------------------------------------------------------- |\n\n#### Item 3: Net balance as at beginning of reporting period\n\n| Item 3 | Item 3, net balance as at beginning of reporting period, is a derived item and is calculated as the sum of item 1 and item 2. |\n| ------ | ----------------------------------------------------------------------------------------------------------------------------- |\n\n### Net income (expenses) from reinsurance contracts held\n\n#### Item 4: Reinsurance expenses: Allocation of premiums paid to the reinsurer\n\n| Item 4 | Report reinsurance expenses: allocation of premiums paid to the reinsurer.It is requested that the entity present this item separately from amounts recoverable from reinsurers reported at items 5 to 7 inclusive.Report this item in accordance with AASB 17.86 and AASB 17.103 (a) Disclosure. |\n| ------ | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- |\n\n#### Item 5: Recoveries of incurred claims and other insurance service expenses\n\n| Item 5 | Report recoveries of incurred claims and other insurance service expenses.Report this item in accordance with AASB 17.103 (b) (i) Disclosure and AASB 17.103 (b) (ii) Disclosure. Report recoveries of amortisation of insurance acquisition cash flows if applicable. |\n| ------ | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- |\n\n#### Item 6: Recoveries and reversals of recoveries of losses on onerous underlying contracts\n\n| Item 6 | Report recoveries and reversals of recoveries of losses on onerous underlying contractsReport this item in accordance with AASB 17.103 (b) (iv) Disclosure. |\n| ------ | ----------------------------------------------------------------------------------------------------------------------------------------------------------- |\n\n#### Item 7: Changes that relate to past service: Changes to assets for incurred claims\n\n| Item 7 | Report changes that relate to past service: Changes to assets for incurred claims.Report this item in accordance with AASB 17.103 (b) (iii) Disclosure. |\n| ------ | ------------------------------------------------------------------------------------------------------------------------------------------------------- |\n\n#### Item 8: Amounts recoverable from reinsurers\n\n| Item 8 | Item 8, amounts recoverable from reinsurers, is a derived item and is calculated as the sum of items 5 to 7 inclusive.Report this item in accordance with AASB 17.86 Disclosure and AASB 17.103 (b) Disclosure. |\n| ------ | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- |\n\n#### Item 9: Investment components and premium refunds\n\n| Item 9 | Report investment components and premium refunds.Report this item in accordance with AASB 17 Appendix A and AASB 17.103 (c) Disclosure.Premium refunds may also be netted against the premiums received as disclosed under AASB 17.105 (a) (i). |\n| ------ | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- |\n\n#### Item 10: Cost of retroactive cover on reinsurance contracts held\n\n| Item 10 | Report cost of retroactive cover on reinsurance contracts held.Report this item in accordance with AASB 17 Appendix A and AASB 17.65A Disclosure.Insurers can either report the cost of retroactive cover on reinsurance contracts held at this item, or include it as part of Item 4 Reinsurance expenses: Allocation of premiums paid to the reinsurer. |\n| ------- | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- |\n\n#### Item 11: Impairment of assets for insurance acquisition cash flows\n\n| Item 11 | Report impairment of assets for insurance acquisition cash flows in accordance with AASB 17 Appendix A, AASB 17.105A and AASB 17.105B Disclosure.Based on the insurer’s interpretation of AASB 17.105A, this item may not apply. |\n| ------- | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- |\n\n#### Item 12: Reversal of impairment of assets for insurance acquisition cash flows\n\n| Item 12 | Report reversal of impairment of assets for insurance acquisition cash flowsReport this item in accordance with AASB 17 Appendix A, AASB 17.105A and AASB 17.105B Disclosure.Based on the insurer’s interpretation of AASB 17.105A, this item may not apply. |\n| ------- | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------ |\n\n#### Item 13: Net income (expenses) from reinsurance contracts held\n\n| Item 13 | Item 13, net income (expenses) from reinsurance contracts held, is a derived item and is calculated as the sum of item 4, and items 8 to 12 inclusive. |\n| ------- | ------------------------------------------------------------------------------------------------------------------------------------------------------ |\n\n#### Item 14: Effect of changes in non-performance risk of reinsurers\n\n| Item 14 | Report effect of changes in non-performance risk of reinsurers.Report this item in accordance with AASB 17.105 (b) Disclosure. |\n| ------- | ------------------------------------------------------------------------------------------------------------------------------ |\n\n#### Item 15: Finance income from reinsurance contracts held\n\n| Item 15 | Report finance income from reinsurance contracts held.Report this item in accordance with AASB 17 Appendix A and AASB 17.105 (c) Disclosure. |\n| ------- | -------------------------------------------------------------------------------------------------------------------------------------------- |\n\n#### Item 16: Effect of movements in exchange rates\n\n| Item 16 | Report effect of movements in exchange rates.Report this item in accordance with AASB 17.105 (d) Disclosure. |\n| ------- | ------------------------------------------------------------------------------------------------------------ |\n\n#### Item 17: Total amounts recognised in the statement of profit or loss and OCI\n\n| Item 17 | Item 17, total amounts recognised in the statement of profit or loss and OCI, is a derived item and is calculated as the sum of items 13 to 16 inclusive. |\n| ------- | --------------------------------------------------------------------------------------------------------------------------------------------------------- |\n\n### Cash flows\n\nReport items 18-21 based on AASB 17.98 and 17.105 (a) requirements.\n\n#### Item 18: Premiums paid\n\n| Item 18 | Report premiums paid.Report this item in accordance with AASB 17.105 (a) (i) Disclosure. |\n| ------- | ---------------------------------------------------------------------------------------- |\n\n#### Item 19: Amounts received\n\n| Item 19 | Report amounts received.Report this item in accordance with AASB 17.105 (a) (iii) Disclosure. |\n| ------- | --------------------------------------------------------------------------------------------- |\n\n#### Item 20: Insurance acquisition cash flows\n\n| Item 20 | Report insurance acquisition cash flows in accordance with AASB 17 Appendix A, AASB 17.105 (a) (ii) Disclosure and AASB 17.105A Disclosure. |\n| ------- | ------------------------------------------------------------------------------------------------------------------------------------------- |\n\n#### Item 21: Total cash flows\n\n| Item 21 | Item 21, total cash flows, is a derived item and is calculated as the sum of items 18 to 20 inclusive. |\n| ------- | ------------------------------------------------------------------------------------------------------ |\n\n#### Items 22-25: Other movements in the net balance\n\n| Item 22 | Report allocation from assets for insurance acquisition cash flows to groups of reinsurance contracts held.Report this item in accordance with AASB 17 Appendix A and AASB 17.105A Disclosure. |\n| ------- | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- |\n| Item 23 | Report other movements in the net balance that are related to acquisitions, disposals, or portfolio transfers.Report this item in accordance with AASB 17.105 (d) Disclosure.                  |\n| Item 24 | Report other movements in the net balance not reported at items 22 and 23.Report this item in accordance with AASB 17.105 (d) Disclosure.                                                      |\n| Item 25 | Item 25, other movements in the net balance, is a derived item and is calculated as the sum of items 22 to 24 inclusive.                                                                       |\n\n#### Item 26: Net balance as at end of reporting period\n\n| Item 26 | Item 26, net balance as at end of reporting period, is a derived item and is calculated as the sum of item 3, item 17, item 21 and item 25. |\n| ------- | ------------------------------------------------------------------------------------------------------------------------------------------- |\n\n#### Item 27: Closing reinsurance contract assets\n\n| Item 27 | Report closing reinsurance contract assets.Report this item in accordance with AASB 17 Appendix A and AASB 17.99 (b) Disclosure. |\n| ------- | -------------------------------------------------------------------------------------------------------------------------------- |\n\n#### Item 28: Closing reinsurance contract liabilities\n\n| Item 28 | Report closing reinsurance contract liabilities.Report this item in accordance with AASB 17 Appendix A and AASB 17.99 (b) Disclosure. |\n| ------- | ------------------------------------------------------------------------------------------------------------------------------------- |\n\n#### Item 29: Net balance as at end of reporting period\n\n| Item 29 | Item 29, net balance as at end of reporting period, is a derived item and is calculated as the sum of item 27 and item 28. |\n| ------- | -------------------------------------------------------------------------------------------------------------------------- |\n\n### Liability Roll Forward 2 – Reconciliation of the measurement components of reinsurance contract balances\n\nFor contracts not measured under the PAA, report the items in the table based on AASB 17.98 and AASB 17.101 requirements to provide separate reconciliations for insurance contracts issued and reinsurance contracts held.\n\nReport zero values for line items if they are not applicable.\n\n| Column 1 | Report estimates of the present value of the future cash flows for the current reporting period.Report this item in accordance with AASB 17.101 (a) Disclosure.           |\n| -------- | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------- |\n| Column 2 | Report the risk adjustment for non-financial risk for the current reporting period.Report this item in accordance with AASB 17 Appendix A and AASB 17.101 (b) Disclosure. |\n| Column 3 | Report the contractual service margin (CSM) for the current reporting period.Report this item in accordance with AASB 17 Appendix A and AASB 17.101 (c) Disclosure.       |\n| Column 4 | Column 4, total current reporting period, is a derived column and is calculated as the sum of columns 1-3.                                                                |\n\n#### Item 1: Opening reinsurance contract assets\n\n| Item 1 | Report opening reinsurance contract assets.Report this item in accordance with AASB 17 Appendix A and AASB 17.99 (b) Disclosure. |\n| ------ | -------------------------------------------------------------------------------------------------------------------------------- |\n\n#### Item 2: Opening reinsurance contract liabilities\n\n| Item 2 | Report opening reinsurance contract liabilities.Report this item in accordance with AASB 17 Appendix A and AASB 17.99 (b) Disclosure. |\n| ------ | ------------------------------------------------------------------------------------------------------------------------------------- |\n\n#### Item 3: Net balance as at beginning of reporting period\n\n| Item 3 | Item 3, net balance as at beginning of reporting period, is a derived item and is calculated as the sum of item 1 and item 2. |\n| ------ | ----------------------------------------------------------------------------------------------------------------------------- |\n\n### Changes in the statement of profit or loss and OCI\n\n#### Items 4-7: Changes that relate to current services\n\n| Item 4 | Report CSM recognised for services received.Report this item in accordance with AASB 17 Appendix A and AASB 17.104 (b) (i) Disclosure.                               |\n| ------ | -------------------------------------------------------------------------------------------------------------------------------------------------------------------- |\n| Item 5 | Report change in risk adjustment for non-financial risk for risk expired.Report this item in accordance with AASB 17 Appendix A and AASB 17.104 (b) (ii) Disclosure. |\n| Item 6 | Report experience adjustments.Report this item in accordance with AASB 17 Appendix A and AASB 17.104 (b) (iii) Disclosure.                                           |\n| Item 7 | Item 7, total changes that relate to current services, is a derived item and is calculated as the sum of items 4 to 6 inclusive.                                     |\n\n#### Items 8-12: Changes that relate to future services\n\n| Item 8  | Report contracts initially recognised in the period.Report this item in accordance with AASB 17.104 (a) (iii) Disclosure.                                                                               |\n| ------- | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- |\n| Item 9  | Report changes in recoveries of losses on onerous underlying contracts that adjust the CSM.Report this item in accordance with AASB 17 Appendix A, AASB 17.105 (d) and AASB 17.66 (ba)–(bb) Disclosure. |\n| Item 10 | Report changes in estimates that adjust the CSM.Report this item in accordance with AASB 17 Appendix A and AASB 17.104 (a) (i) Disclosure.                                                              |\n| Item 11 | Report changes in estimates that relate to losses and reversals of losses on onerous underlying contracts that do not adjust the CSM.Report this item in accordance with AASB 17.104 (a) (ii).          |\n| Item 12 | Item 12, changes that relate to future services, is a derived item and is calculated as the sum of items 8 to 11 inclusive.                                                                             |\n\n#### Item 13: Changes that relate to past services - changes to assets for incurred claims\n\n| Item 13 | Report changes that relate to past services – changes to assets for incurred claims.Report this item in accordance with AASB 17.104 (c) Disclosure. |\n| ------- | --------------------------------------------------------------------------------------------------------------------------------------------------- |\n\n#### Item 14: Net income (expenses) from reinsurance contracts held\n\n| Item 14 | Item 14, net income (expenses) from reinsurance contracts held, is derived and is calculated as the sum of item 7, item 12 and item 13. |\n| ------- | --------------------------------------------------------------------------------------------------------------------------------------- |\n\n#### Item 15: Effect of changes in non-performance risk of reinsurers\n\n| Item 15 | Report effect of changes in non-performance risk of reinsurers.Report this item in accordance with AASB 17.105 (b) Disclosure. |\n| ------- | ------------------------------------------------------------------------------------------------------------------------------ |\n\n#### Item 16: Finance income (expenses) from reinsurance contracts held\n\n| Item 16 | Report finance income (expenses) from reinsurance contracts held.Report this item in accordance with AASB 17 Appendix A and AASB 17.105 (c) Disclosure. |\n| ------- | ------------------------------------------------------------------------------------------------------------------------------------------------------- |\n\n#### Item 17: Effect of movements in exchange rates\n\n| Item 17 | Report the effect of movements in exchange rates.Report this item in accordance with AASB 17.105 (d) Disclosure. |\n| ------- | ---------------------------------------------------------------------------------------------------------------- |\n\n#### Item 18: Total amounts recognised in the statement of profit or loss and OCI\n\n| Item 18 | Item 18, total amounts recognised in the statement of profit or loss and OCI, is a derived item and is calculated as the sum of items 14 to 17 inclusive. |\n| ------- | --------------------------------------------------------------------------------------------------------------------------------------------------------- |\n\n### Cash flows\n\n#### Report items 19-21 based on AASB 17.98 and 17.105 (a) requirements.\n\n#### Item 19: Premiums paid\n\n| Item 19 | Report premiums paid.Report this item in accordance with AASB 17.105 (a) (i) Disclosure. |\n| ------- | ---------------------------------------------------------------------------------------- |\n\n#### Item 20: Amounts received\n\n| Item 20 | Report amounts received.Report this item in accordance with AASB 17.105 (a) (iii) Disclosure. |\n| ------- | --------------------------------------------------------------------------------------------- |\n\n#### Item 21: Total cash flows\n\n| Item 21 | Item 21, total cash flows, is a derived item and is calculated as the sum of item 19 and item 20. |\n| ------- | ------------------------------------------------------------------------------------------------- |\n\n#### Items 22-24: Other movements in the net balance\n\n| Item 22 | Report other movements in the net balance that are related to acquisitions, disposals, or portfolio transfers.Report this item in accordance with AASB 17.105 (d) Disclosure. |\n| ------- | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------- |\n| Item 23 | Report other movements in the net balance not reported at item 22.Report this item in accordance with AASB 17.105 (d) Disclosure.                                             |\n| Item 24 | Item 24, other movements in the net balance, is a derived item and is calculated as the sum of item 22 and item 23.                                                           |\n\n#### Item 25: Net balance as at end of reporting period\n\n| Item 25 | Item 25, net balance as at end of reporting period, is a derived item and is calculated as the sum of item 3, item 18, item 21 and item 24. |\n| ------- | ------------------------------------------------------------------------------------------------------------------------------------------- |\n\n#### Item 26: Closing reinsurance contract assets\n\n| Item 26 | Report closing reinsurance contract assets.Report this item in accordance with AASB 17 Appendix A and AASB 17.99 (b) Disclosure. |\n| ------- | -------------------------------------------------------------------------------------------------------------------------------- |\n\n#### Item 27: Closing reinsurance contract liabilities\n\n| Item 27 | Report closing reinsurance contract liabilities.Report this item in accordance with AASB 17 Appendix A and AASB 17.99 (b) Disclosure. |\n| ------- | ------------------------------------------------------------------------------------------------------------------------------------- |\n\n#### Item 28: Net balance as at end of reporting period\n\n| Item 28 | Item 28, net balance as at end of reporting period, is a derived item and is calculated as the sum of item 26 and item 27. |\n| ------- | -------------------------------------------------------------------------------------------------------------------------- |","sortOrder":61},{"sectionNumber":"Item 1: Opening reinsurance contract ass","sectionType":"subdivision","heading":"Item 1: Opening reinsurance contract assets","content":"#### Item 1: Opening reinsurance contract assets\n\n| Item 1 | Report opening reinsurance contract assets.Report this item in accordance with AASB 17 Appendix A and AASB 17.99 (b) Disclosure. |\n| ------ | -------------------------------------------------------------------------------------------------------------------------------- |","sortOrder":63},{"sectionNumber":"Item 2: Opening reinsurance contract lia","sectionType":"subdivision","heading":"Item 2: Opening reinsurance contract liabilities","content":"#### Item 2: Opening reinsurance contract liabilities\n\n| Item 2 | Report opening reinsurance contract liabilities.Report this item in accordance with AASB 17 Appendix A and AASB 17.99 (b) Disclosure. |\n| ------ | ------------------------------------------------------------------------------------------------------------------------------------- |","sortOrder":64},{"sectionNumber":"Net income (expenses) from reinsurance c","sectionType":"division","heading":"Net income (expenses) from reinsurance contracts held","content":"# Reporting Standard HRS 320.0\n\n# Liability Roll Forwards\n\n## General instructions\n\nThese instructions assist completion of the Reporting Standard HRS 320.0 Liability Roll Forwards, which collects information relating to reconciliations of insurance contract liabilities required by AASB 17 Insurance Contracts (AASB 17). These instructions also apply to roll forwards of assets for insurance acquisition cash flows and reinsurance contracts held.\n\n### Reporting tables\n\nTables described in this reporting standard list each of the data fields required to be reported. The data fields are listed sequentially in the column order that they will appear in the reported data set. Constraints on the data that can be reported for each field have also been provided.\n\n### General accounting basis\n\nUnless otherwise specifically stated, reporting insurers are to report in accordance with the relevant Australian Accounting Standards.\n\n### References to Australian Accounting Standards\n\nEach item reported under this Reporting Standard aligns with the Accounting Standards made by the Australian Accounting Standards Board (AASB). The applicable AASB references are specified with each item. AASB reference provides a written description of the accounting meaning of an IFRS Taxonomy element.\n\n### IFRS taxonomy element reference\n\nEach IFRS taxonomy element contains at least one cross-reference to an AASB Standard (that incorporates IFRS 17 Standards as issued and amended by the International Accounting Standards Board) and has a reference type that can be used to identify the source of that element. The IFRS Taxonomy uses the following element reference types:\n\n    (a) disclosure—an element of this type depicts a presentation or disclosure requirement of an IFRS/AASB Standard;\n    (b) example—an element of this type represents an example provided in an IFRS/AASB Standard or its accompanying materials; and\n    (a) common practice—an element of this type reflects common reporting practice within IFRS/AASB financial statements. They are not specifically mentioned in IFRS/AASB Standards or their accompanying materials, but are consistent with IFRS/AASB Standards. They have been found to be frequently disclosed across a range of companies and accounting jurisdictions.\n\n### Definitions\n\nTerms highlighted in bold italics indicate that the definition is provided in this Reporting Standard.\n\n## Specific instructions\n\n### Reporting basis\n\nInformation in this Reporting Standard is to be completed by private health insurers for each reporting period on a private health insurer basis.\n\n### Units of measurement\n\nReport values in this Reporting Standard in whole Australian dollars (AUD).\n\nConvert amounts denominated in foreign currency to AUD in accordance with AASB 121 The Effects of Changes in Foreign Exchange Rates.\n\nDirect business is any insurance business written / insurance contracts issued by the reporting insurer.\n\nInwards reinsurance is any reinsurance business written / reinsurance contracts issued by the reporting insurer.\n\n  \n\n  \n\n## Part A: Insurance contracts issued (direct business/inwards reinsurance)\n\n### Liability Roll Forward 1 – Reconciliation of the liability for remaining coverage and the liability for incurred claims\n\nReport the items in the table based on AASB 17.100 requirements to provide reconciliation from the opening to the closing balances of the liabilities for remaining coverage (LRC) and liabilities for incurred claims (LIC). Report the reconciliation from the opening to the closing balance of assets for insurance acquisition cash flows based on the insurer’s interpretation of AASB 17.105A and AASB 17.105B requirements.\n\nReport zero values for line items if they are not applicable.\n\n| Column 1 | Report liabilities for remaining coverage excluding loss component for the current reporting period.Where a group of contracts meets the requirements under AASB 17.20, report these contracts in this column.Report this item in accordance with AASB 17 Appendix A and AASB 17.100 (a) Disclosure.                                    |\n| -------- | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- |\n| Column 2 | Report the loss component of liabilities for remaining coverage for the current reporting period.Report this item in accordance with AASB 17 Appendix A and AASB 17.100 (b) Disclosure.                                                                                                                                                 |\n| Column 3 | Report liabilities for incurred claims from contracts not measured under the Premium Allocation Approach (PAA) for the current reporting period.Report this item in accordance with AASB 17 Appendix A and AASB 17.100 (c) Disclosure.                                                                                                  |\n| Column 4 | For liabilities for incurred claims from contracts measured under the PAA, report estimates of the present value of the future cash flows for the current reporting period.Report this item in accordance with AASB 17 Appendix A and AASB 17.100 (c) (i) Disclosure.                                                                   |\n| Column 5 | For liabilities for incurred claims from contracts measured under PAA, report the risk adjustment for non-financial risk for the current reporting period.Report this item in accordance with AASB 17 Appendix A and AASB 17.100 (c) (ii) Disclosure.                                                                                   |\n| Column 6 | Report assets for insurance acquisition cash flows recognised applying AASB 17 paragraph 28B for the current reporting period.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. |\n| Column 7 | Column 7, total current reporting period, is a derived column and is calculated as the sum of columns 1 to 6.                                                                                                                                                                                                                           |\n\nItem 1: Opening insurance contract liabilities\n\n| Item 1 | Report opening insurance contract liabilities.Report this item in accordance with AASB 17 Appendix A and AASB 17.99 (b) Disclosure. |\n| ------ | ----------------------------------------------------------------------------------------------------------------------------------- |\n\nItem 2: Opening insurance contract assets\n\n| Item 2 | Report opening insurance contract assets.Report this item in accordance with AASB 17 Appendix A and AASB 17.99 (b) Disclosure. |\n| ------ | ------------------------------------------------------------------------------------------------------------------------------ |\n\nItem 3: Net balance as at beginning of reporting period\n\n| Item 3 | Item 3, net balance as at beginning of reporting period, is a derived item and is calculated as the sum of item 1 and item 2. |\n| ------ | ----------------------------------------------------------------------------------------------------------------------------- |\n\n### Changes in the statement of profit or loss and other comprehensive income (OCI)\n\nItem 4: Insurance revenue\n\n| Item 4 | Report insurance revenue.Report this item in accordance with AASB 17.103 (a) Disclosure. |\n| ------ | ---------------------------------------------------------------------------------------- |\n\n#### Items 5-11: Insurance service expenses\n\n| Item 5  | Report incurred claims and other expenses.Report this item in accordance with AASB 17.103 (b) (i) Disclosure.                                                                                                                                                |\n| ------- | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------ |\n| Item 6  | Report insurance acquisition cash flows amortisation.Report this item in accordance with AASB 17.103 (b) (ii) Disclosure.                                                                                                                                    |\n| Item 7  | Report changes that relate to future service: losses on onerous contracts and reversals of those losses.Report this item in accordance with AASB 17.103 (b) (iv) Disclosure.                                                                                 |\n| Item 8  | Report changes that relate to past service: changes to liabilities for incurred claims.Report this item in accordance with AASB 17.103 (b) (iii) Disclosure.                                                                                                 |\n| Item 9  | Report impairment of assets for insurance acquisition cash flows.Report this item in accordance with AASB 17 Appendix A, AASB 17.105A and AASB 17.105B Disclosure.Based on the insurer’s interpretation of AASB 17.105A, this item may not apply.            |\n| Item 10 | Report reversal of impairment of assets for insurance acquisition cash flowsReport this item in accordance with AASB 17 Appendix A, AASB 17.105A and AASB 17.105B Disclosure.Based on the insurer’s interpretation of AASB 17.105A, this item may not apply. |\n| Item 11 | Item 11, total insurance service expenses, is a derived item and is calculated as the sum of items 5 to 10 inclusive.                                                                                                                                        |\n\n#### Item 12: Investment components and premium refunds\n\n| Item 12 | Report investment components and premium refunds.Report this item in accordance with AASB 17 Appendix A and AASB 17.103 (c) Disclosure.Premium refunds may also be netted against the premiums received as disclosed under AASB 17.105 (a) (i). |\n| ------- | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- |\n\n#### Item 13: Insurance service result\n\n| Item 13 | Item 13, insurance service result, is a derived item and is calculated as the sum of item 4, item 11 and item 12. |\n| ------- | ----------------------------------------------------------------------------------------------------------------- |\n\n#### Item 14: Finance expenses from insurance contracts issued\n\n| Item 14 | Report finance expenses from insurance contracts issued.Report this item in accordance with AASB 17 Appendix A and AASB 17.105 (c) Disclosure. |\n| ------- | ---------------------------------------------------------------------------------------------------------------------------------------------- |\n\n#### Item 15: Effect of movements in exchange rates\n\n| Item 15 | Report effect of movements in exchange rates.Report this item in accordance with AASB 17.105 (d) Disclosure. |\n| ------- | ------------------------------------------------------------------------------------------------------------ |\n\n#### Item 16: Total amounts recognised in the statement of profit or loss and OCI\n\n| Item 16 | Item 16, total amounts recognised in the statement of profit or loss and OCI, is a derived item and is calculated as the sum of items 13 to 15 inclusive. |\n| ------- | --------------------------------------------------------------------------------------------------------------------------------------------------------- |\n\n#### Cash flows\n\nReport items 17-20 based on AASB 17.98 and 17.105 (a) requirements.\n\n#### Items 17-20: Cash flows\n\n| Item 17 | Report premiums received.Report this item in accordance with AASB 17.105 (a) (i) Disclosure.                                                                        |\n| ------- | ------------------------------------------------------------------------------------------------------------------------------------------------------------------- |\n| Item 18 | Report claims and other expenses paid, including investment components.Report this item in accordance with AASB 17 Appendix A and AASB 17.105 (a) (iii) Disclosure. |\n| Item 19 | Report insurance acquisition cash flows.Report this item in accordance with AASB 17 Appendix A, AASB 17.105 (a) (ii) Disclosure and AASB 17.105A Disclosure.        |\n| Item 20 | Item 20, total cash flows, is a derived item and is calculated as the sum of items 17 to 19 inclusive.                                                              |\n\n#### Items 21-24: Other movements in the net balance\n\n| Item 21 | Report allocation from assets for insurance acquisition cash flows to groups of insurance contracts.Report this item in accordance with AASB 17 Appendix A and AASB 17.105A Disclosure.Based on the insurer’s interpretation of AASB 17.105A, this item may not apply. |\n| ------- | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- |\n| Item 22 | Report other movements in the net balance that are related to acquisitions/disposals/portfolio transfers.Report this item in accordance with AASB 17.105 (d) Disclosure.                                                                                               |\n| Item 23 | Report other movements in the net balance not reported at items 21 and 22.Report this item in accordance with AASB 17.105 (d) Disclosure.                                                                                                                              |\n| Item 24 | Item 24, other movements in the net balance, is a derived item and is calculated as the sum of items 21 to 23 inclusive.                                                                                                                                               |\n\n#### Item 25: Net balance as at end of reporting period\n\n| Item 25 | Item 25, net balance as at end of reporting period, is a derived item and is calculated as the sum of item 3, item 16, item 20 and item 24. |\n| ------- | ------------------------------------------------------------------------------------------------------------------------------------------- |\n\n#### Item 26: Closing insurance contract liabilities\n\n| Item 26 | Report closing insurance contract liabilities.Report this item in accordance with AASB 17 Appendix A and AASB 17.99 (b) Disclosure. |\n| ------- | ----------------------------------------------------------------------------------------------------------------------------------- |\n\n#### Item 27: Closing insurance contract assets\n\n| Item 27 | Report closing insurance contract assets.Report this item in accordance with AASB 17 Appendix A and AASB 17.99 (b) Disclosure. |\n| ------- | ------------------------------------------------------------------------------------------------------------------------------ |\n\n#### Item 28: Net balance as at end of reporting period\n\n| Item 28 | Item 28, net balance as at end of reporting period, is a derived item and is calculated as the sum of item 26 and item 27. |\n| ------- | -------------------------------------------------------------------------------------------------------------------------- |\n\n### Liability Roll Forward 2 – Reconciliation of the measurement components of insurance contract balances\n\nFor contracts not measured under the PAA, report the items in the table based on AASB 17.101 requirements.\n\nReport zero values for line items if they are not applicable.\n\n| Column 1 | Report estimates of the present value of the future cash flows for the current reporting period.Report this item in accordance with AASB 17.101 (a) Disclosure.           |\n| -------- | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------- |\n| Column 2 | Report the risk adjustment for non-financial risk for the current reporting period.Report this item in accordance with AASB 17 Appendix A and AASB 17.101 (b) Disclosure. |\n| Column 3 | Report the contractual service margin (CSM) for the current reporting period.Report this item in accordance with AASB 17 Appendix A and AASB 17.101 (c) Disclosure.       |\n| Column 4 | Column 4, total current reporting period, is a derived column and is calculated as the sum of columns 1-3.                                                                |\n\n#### Item 1: Opening insurance contract liabilities\n\n| Item 1 | Report opening insurance contract liabilities.Report this item in accordance with AASB 17 Appendix A and AASB 17.99 (b) Disclosure. |\n| ------ | ----------------------------------------------------------------------------------------------------------------------------------- |\n\n#### Item 2: Opening insurance contract assets\n\n| Item 2 | Report opening insurance contract assets.Report this item in accordance with AASB 17 Appendix A and AASB 17.99 (b) Disclosure. |\n| ------ | ------------------------------------------------------------------------------------------------------------------------------ |\n\n#### Item 3: Net balance as at beginning of reporting period\n\n| Item 3 | Item 3, net balance as at beginning of reporting period, is a derived item and is calculated as the sum of item 1 and item 2. |\n| ------ | ----------------------------------------------------------------------------------------------------------------------------- |\n\n### Changes in the statement of profit or loss and OCI\n\n#### Items 4-7: Changes that relate to current services\n\n| Item 4 | Report CSM recognised for services provided.Report this item in accordance with AASB 17 Appendix A and AASB 17.104 (b) (i) Disclosure.                               |\n| ------ | -------------------------------------------------------------------------------------------------------------------------------------------------------------------- |\n| Item 5 | Report change in risk adjustment for non-financial risk for risk expired.Report this item in accordance with AASB 17 Appendix A and AASB 17.104 (b) (ii) Disclosure. |\n| Item 6 | Report experience adjustments.Report this item in accordance with AASB 17 Appendix A and AASB 17.104 (b) (iii) Disclosure.                                           |\n| Item 7 | Item 7, total changes that relate to current services, is a derived item and is calculated as the sum of items 4 to 6 inclusive.                                     |\n\n#### Items 8-11: Changes that relate to future services\n\n| Item 8  | Report changes in estimates that adjust the CSM.Report this item in accordance with AASB 17 Appendix A and AASB 17.104 (a) (i) Disclosure.                                                                                  |\n| ------- | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- |\n| Item 9  | Report changes in estimates that do not adjust the CSM, i.e. losses on groups of onerous contracts and reversals of such losses.Report this item in accordance with AASB 17 Appendix A and AASB 17.104 (a) (ii) Disclosure. |\n| Item 10 | Report contracts initially recognised in the period.Report this item in accordance with AASB 17.104 (a) (iii) Disclosure.                                                                                                   |\n| Item 11 | Item 11, total changes that relate to future services, is a derived item and is calculated as the sum of items 8 to 10 inclusive.                                                                                           |\n\n#### Item 12: Changes that relate to past services - Changes to liabilities for incurred claims\n\n| Item 12 | Report changes that relate to past services - changes to liabilities for incurred claims.Report this item in accordance with AASB 17.104 (c) Disclosure. |\n| ------- | -------------------------------------------------------------------------------------------------------------------------------------------------------- |\n\n#### Item 13: Insurance service result\n\n| Item 13 | Item 13, insurance service result, is a derived item and is calculated as the sum of item 7, item 11 and item 12. |\n| ------- | ----------------------------------------------------------------------------------------------------------------- |\n\n#### Item 14: Finance expenses or income from insurance contracts issued\n\n| Item 14 | Report finance expenses or income from insurance contracts issued.Report this item in accordance with AASB 17 Appendix A and AASB 17.105 (c) Disclosure. |\n| ------- | -------------------------------------------------------------------------------------------------------------------------------------------------------- |\n\n#### Item 15: Effect of movements in exchange rates\n\n| Item 15 | Report effect of movements in exchange rates.Report this item in accordance with AASB 17.105 (d) Disclosure. |\n| ------- | ------------------------------------------------------------------------------------------------------------ |\n\n#### Item 16: Total amounts recognised in the statement of profit or loss and OCI\n\n| Item 16 | Item 16, total amounts recognised in the statement of profit or loss and OCI, is a derived item and is calculated as the sum of items 13 to 15 inclusive. |\n| ------- | --------------------------------------------------------------------------------------------------------------------------------------------------------- |\n\n### Cash flows\n\nReport items 17-20 based on AASB 17.98 and 17.105 (a) requirements.\n\n#### Item 17: Premiums received\n\n| Item 17 | Report premiums received for insurance contracts issued.Report this item in accordance with AASB 17 Appendix A and AASB 17.105 (a) (i) Disclosure. |\n| ------- | -------------------------------------------------------------------------------------------------------------------------------------------------- |\n\n#### Item 18: Claims and other expenses paid\n\n| Item 18 | Report claims and other expenses paid.Report this item in accordance with AASB 17.105 (a) (iii) Disclosure. |\n| ------- | ----------------------------------------------------------------------------------------------------------- |\n\n#### Item 19: Insurance acquisition cash flows paid\n\n| Item 19 | Report insurance acquisition cash flows paid.Report this item in accordance with AASB 17 Appendix A and AASB 17.105 (a) (ii) Disclosure. |\n| ------- | ---------------------------------------------------------------------------------------------------------------------------------------- |\n\n#### Item 20: Total cash flows\n\n| Item 20 | Item 20, total cash flows, is a derived item and is calculated as the sum of items 17 to 19 inclusive. |\n| ------- | ------------------------------------------------------------------------------------------------------ |\n\n#### Items 21-24: Other movements in the net balance\n\n| Item 21 | Report allocation from assets for insurance acquisition cash flows to groups of insurance contracts.Report this item in accordance with AASB 17 Appendix A and AASB 17.105A Disclosure.Based on the insurer’s interpretation of AASB 17.105A, this item may not apply. |\n| ------- | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- |\n| Item 22 | Report other movements in the net balance that are related to acquisitions/disposals/portfolio transfers.Report this item in accordance with AASB 17.105 (d) Disclosure.                                                                                               |\n| Item 23 | Report other movements in the net balance not reported at items 21 and 22.Report this item in accordance with AASB 17.105 (d) Disclosure.                                                                                                                              |\n| Item 24 | Item 24, other movements in the net balance, is a derived item and is calculated as the sum of items 21 to 23 inclusive.                                                                                                                                               |\n\n#### Item 25: Net balance as at end of reporting period\n\n| Item 25 | Item 25, net balance as at end of reporting period, is a derived item and is calculated as the sum of item 3, item 16, item 20 and item 24. |\n| ------- | ------------------------------------------------------------------------------------------------------------------------------------------- |\n\n#### Items 26-28: Closing balances\n\n| Item 26 | Report closing insurance contract liabilities.Report this item in accordance with AASB 17 Appendix A and AASB 17.99 (b) Disclosure. |\n| ------- | ----------------------------------------------------------------------------------------------------------------------------------- |\n| Item 27 | Report closing insurance contract assets.Report this item in accordance with AASB 17 Appendix A and AASB 17.99 (b) Disclosure.      |\n| Item 28 | Item 28, net balance as at end of reporting period, is a derived item and is calculated as the sum of item 26 and item 27.          |\n\n  \n\n## Part B: Reinsurance contracts held (outwards reinsurance by cedant/retrocedent)\n\n### Liability Roll Forward 1 – Reconciliation of the asset for remaining coverage and the asset for incurred claims\n\nReport the items in the table based on AASB 17.98, AASB 17.100, AASB 17.105A and AASB 17.105B requirements to provide separate reconciliations for insurance contracts issued and reinsurance contracts held.\n\nReport zero values for line items if they are not applicable.\n\n| Column 1 | Report assets for remaining coverage excluding loss-recovery component for the current reporting period.Report this item in accordance with AASB 17.100 (a) Disclosure.                                                                                                                                                                 |\n| -------- | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- |\n| Column 2 | Report the loss-recovery component of assets for remaining coverage for the current reporting period.Report this item in accordance with AASB 17.66B and AASB 17.100 (b) Disclosure.                                                                                                                                                    |\n| Column 3 | For contracts not measured under the Premium Allocation Approach (PAA), report assets for incurred claims for the current reporting period.Report this item in accordance with AASB 17.100 (c) Disclosure.                                                                                                                              |\n| Column 4 | 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.Report this item in accordance with AASB 17.100 (c) (i) Disclosure.                                                                                                     |\n| Column 5 | For contracts measured under PAA, report the risk adjustment for non-financial risk of assets for incurred claims for the current reporting period.Report this item in accordance with AASB 17 Appendix A and AASB 17.100 (c) (ii) Disclosure.                                                                                          |\n| Column 6 | Report assets for insurance acquisition cash flows recognised applying AASB 17 paragraph 28B for the current reporting period.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. |\n| Column 7 | Column 7, total current reporting period, is a derived column and is calculated as the sum of columns 1 to 6.                                                                                                                                                                                                                           |\n\n#### Item 1: Opening reinsurance contract assets\n\n| Item 1 | Report opening reinsurance contract assets.Report this item in accordance with AASB 17 Appendix A and AASB 17.99 (b) Disclosure. |\n| ------ | -------------------------------------------------------------------------------------------------------------------------------- |\n\n#### Item 2: Opening reinsurance contract liabilities\n\n| Item 2 | Report opening reinsurance contract liabilities.Report this item in accordance with AASB 17 Appendix A and AASB 17.99 (b) Disclosure. |\n| ------ | ------------------------------------------------------------------------------------------------------------------------------------- |\n\n#### Item 3: Net balance as at beginning of reporting period\n\n| Item 3 | Item 3, net balance as at beginning of reporting period, is a derived item and is calculated as the sum of item 1 and item 2. |\n| ------ | ----------------------------------------------------------------------------------------------------------------------------- |\n\n### Net income (expenses) from reinsurance contracts held\n\n#### Item 4: Reinsurance expenses: Allocation of premiums paid to the reinsurer\n\n| Item 4 | Report reinsurance expenses: allocation of premiums paid to the reinsurer.It is requested that the entity present this item separately from amounts recoverable from reinsurers reported at items 5 to 7 inclusive.Report this item in accordance with AASB 17.86 and AASB 17.103 (a) Disclosure. |\n| ------ | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- |\n\n#### Item 5: Recoveries of incurred claims and other insurance service expenses\n\n| Item 5 | Report recoveries of incurred claims and other insurance service expenses.Report this item in accordance with AASB 17.103 (b) (i) Disclosure and AASB 17.103 (b) (ii) Disclosure. Report recoveries of amortisation of insurance acquisition cash flows if applicable. |\n| ------ | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- |\n\n#### Item 6: Recoveries and reversals of recoveries of losses on onerous underlying contracts\n\n| Item 6 | Report recoveries and reversals of recoveries of losses on onerous underlying contractsReport this item in accordance with AASB 17.103 (b) (iv) Disclosure. |\n| ------ | ----------------------------------------------------------------------------------------------------------------------------------------------------------- |\n\n#### Item 7: Changes that relate to past service: Changes to assets for incurred claims\n\n| Item 7 | Report changes that relate to past service: Changes to assets for incurred claims.Report this item in accordance with AASB 17.103 (b) (iii) Disclosure. |\n| ------ | ------------------------------------------------------------------------------------------------------------------------------------------------------- |\n\n#### Item 8: Amounts recoverable from reinsurers\n\n| Item 8 | Item 8, amounts recoverable from reinsurers, is a derived item and is calculated as the sum of items 5 to 7 inclusive.Report this item in accordance with AASB 17.86 Disclosure and AASB 17.103 (b) Disclosure. |\n| ------ | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- |\n\n#### Item 9: Investment components and premium refunds\n\n| Item 9 | Report investment components and premium refunds.Report this item in accordance with AASB 17 Appendix A and AASB 17.103 (c) Disclosure.Premium refunds may also be netted against the premiums received as disclosed under AASB 17.105 (a) (i). |\n| ------ | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- |\n\n#### Item 10: Cost of retroactive cover on reinsurance contracts held\n\n| Item 10 | Report cost of retroactive cover on reinsurance contracts held.Report this item in accordance with AASB 17 Appendix A and AASB 17.65A Disclosure.Insurers can either report the cost of retroactive cover on reinsurance contracts held at this item, or include it as part of Item 4 Reinsurance expenses: Allocation of premiums paid to the reinsurer. |\n| ------- | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- |\n\n#### Item 11: Impairment of assets for insurance acquisition cash flows\n\n| Item 11 | Report impairment of assets for insurance acquisition cash flows in accordance with AASB 17 Appendix A, AASB 17.105A and AASB 17.105B Disclosure.Based on the insurer’s interpretation of AASB 17.105A, this item may not apply. |\n| ------- | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- |\n\n#### Item 12: Reversal of impairment of assets for insurance acquisition cash flows\n\n| Item 12 | Report reversal of impairment of assets for insurance acquisition cash flowsReport this item in accordance with AASB 17 Appendix A, AASB 17.105A and AASB 17.105B Disclosure.Based on the insurer’s interpretation of AASB 17.105A, this item may not apply. |\n| ------- | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------ |\n\n#### Item 13: Net income (expenses) from reinsurance contracts held\n\n| Item 13 | Item 13, net income (expenses) from reinsurance contracts held, is a derived item and is calculated as the sum of item 4, and items 8 to 12 inclusive. |\n| ------- | ------------------------------------------------------------------------------------------------------------------------------------------------------ |\n\n#### Item 14: Effect of changes in non-performance risk of reinsurers\n\n| Item 14 | Report effect of changes in non-performance risk of reinsurers.Report this item in accordance with AASB 17.105 (b) Disclosure. |\n| ------- | ------------------------------------------------------------------------------------------------------------------------------ |\n\n#### Item 15: Finance income from reinsurance contracts held\n\n| Item 15 | Report finance income from reinsurance contracts held.Report this item in accordance with AASB 17 Appendix A and AASB 17.105 (c) Disclosure. |\n| ------- | -------------------------------------------------------------------------------------------------------------------------------------------- |\n\n#### Item 16: Effect of movements in exchange rates\n\n| Item 16 | Report effect of movements in exchange rates.Report this item in accordance with AASB 17.105 (d) Disclosure. |\n| ------- | ------------------------------------------------------------------------------------------------------------ |\n\n#### Item 17: Total amounts recognised in the statement of profit or loss and OCI\n\n| Item 17 | Item 17, total amounts recognised in the statement of profit or loss and OCI, is a derived item and is calculated as the sum of items 13 to 16 inclusive. |\n| ------- | --------------------------------------------------------------------------------------------------------------------------------------------------------- |\n\n### Cash flows\n\nReport items 18-21 based on AASB 17.98 and 17.105 (a) requirements.\n\n#### Item 18: Premiums paid\n\n| Item 18 | Report premiums paid.Report this item in accordance with AASB 17.105 (a) (i) Disclosure. |\n| ------- | ---------------------------------------------------------------------------------------- |\n\n#### Item 19: Amounts received\n\n| Item 19 | Report amounts received.Report this item in accordance with AASB 17.105 (a) (iii) Disclosure. |\n| ------- | --------------------------------------------------------------------------------------------- |\n\n#### Item 20: Insurance acquisition cash flows\n\n| Item 20 | Report insurance acquisition cash flows in accordance with AASB 17 Appendix A, AASB 17.105 (a) (ii) Disclosure and AASB 17.105A Disclosure. |\n| ------- | ------------------------------------------------------------------------------------------------------------------------------------------- |\n\n#### Item 21: Total cash flows\n\n| Item 21 | Item 21, total cash flows, is a derived item and is calculated as the sum of items 18 to 20 inclusive. |\n| ------- | ------------------------------------------------------------------------------------------------------ |\n\n#### Items 22-25: Other movements in the net balance\n\n| Item 22 | Report allocation from assets for insurance acquisition cash flows to groups of reinsurance contracts held.Report this item in accordance with AASB 17 Appendix A and AASB 17.105A Disclosure. |\n| ------- | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- |\n| Item 23 | Report other movements in the net balance that are related to acquisitions, disposals, or portfolio transfers.Report this item in accordance with AASB 17.105 (d) Disclosure.                  |\n| Item 24 | Report other movements in the net balance not reported at items 22 and 23.Report this item in accordance with AASB 17.105 (d) Disclosure.                                                      |\n| Item 25 | Item 25, other movements in the net balance, is a derived item and is calculated as the sum of items 22 to 24 inclusive.                                                                       |\n\n#### Item 26: Net balance as at end of reporting period\n\n| Item 26 | Item 26, net balance as at end of reporting period, is a derived item and is calculated as the sum of item 3, item 17, item 21 and item 25. |\n| ------- | ------------------------------------------------------------------------------------------------------------------------------------------- |\n\n#### Item 27: Closing reinsurance contract assets\n\n| Item 27 | Report closing reinsurance contract assets.Report this item in accordance with AASB 17 Appendix A and AASB 17.99 (b) Disclosure. |\n| ------- | -------------------------------------------------------------------------------------------------------------------------------- |\n\n#### Item 28: Closing reinsurance contract liabilities\n\n| Item 28 | Report closing reinsurance contract liabilities.Report this item in accordance with AASB 17 Appendix A and AASB 17.99 (b) Disclosure. |\n| ------- | ------------------------------------------------------------------------------------------------------------------------------------- |\n\n#### Item 29: Net balance as at end of reporting period\n\n| Item 29 | Item 29, net balance as at end of reporting period, is a derived item and is calculated as the sum of item 27 and item 28. |\n| ------- | -------------------------------------------------------------------------------------------------------------------------- |\n\n### Liability Roll Forward 2 – Reconciliation of the measurement components of reinsurance contract balances\n\nFor contracts not measured under the PAA, report the items in the table based on AASB 17.98 and AASB 17.101 requirements to provide separate reconciliations for insurance contracts issued and reinsurance contracts held.\n\nReport zero values for line items if they are not applicable.\n\n| Column 1 | Report estimates of the present value of the future cash flows for the current reporting period.Report this item in accordance with AASB 17.101 (a) Disclosure.           |\n| -------- | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------- |\n| Column 2 | Report the risk adjustment for non-financial risk for the current reporting period.Report this item in accordance with AASB 17 Appendix A and AASB 17.101 (b) Disclosure. |\n| Column 3 | Report the contractual service margin (CSM) for the current reporting period.Report this item in accordance with AASB 17 Appendix A and AASB 17.101 (c) Disclosure.       |\n| Column 4 | Column 4, total current reporting period, is a derived column and is calculated as the sum of columns 1-3.                                                                |\n\n#### Item 1: Opening reinsurance contract assets\n\n| Item 1 | Report opening reinsurance contract assets.Report this item in accordance with AASB 17 Appendix A and AASB 17.99 (b) Disclosure. |\n| ------ | -------------------------------------------------------------------------------------------------------------------------------- |\n\n#### Item 2: Opening reinsurance contract liabilities\n\n| Item 2 | Report opening reinsurance contract liabilities.Report this item in accordance with AASB 17 Appendix A and AASB 17.99 (b) Disclosure. |\n| ------ | ------------------------------------------------------------------------------------------------------------------------------------- |\n\n#### Item 3: Net balance as at beginning of reporting period\n\n| Item 3 | Item 3, net balance as at beginning of reporting period, is a derived item and is calculated as the sum of item 1 and item 2. |\n| ------ | ----------------------------------------------------------------------------------------------------------------------------- |\n\n### Changes in the statement of profit or loss and OCI\n\n#### Items 4-7: Changes that relate to current services\n\n| Item 4 | Report CSM recognised for services received.Report this item in accordance with AASB 17 Appendix A and AASB 17.104 (b) (i) Disclosure.                               |\n| ------ | -------------------------------------------------------------------------------------------------------------------------------------------------------------------- |\n| Item 5 | Report change in risk adjustment for non-financial risk for risk expired.Report this item in accordance with AASB 17 Appendix A and AASB 17.104 (b) (ii) Disclosure. |\n| Item 6 | Report experience adjustments.Report this item in accordance with AASB 17 Appendix A and AASB 17.104 (b) (iii) Disclosure.                                           |\n| Item 7 | Item 7, total changes that relate to current services, is a derived item and is calculated as the sum of items 4 to 6 inclusive.                                     |\n\n#### Items 8-12: Changes that relate to future services\n\n| Item 8  | Report contracts initially recognised in the period.Report this item in accordance with AASB 17.104 (a) (iii) Disclosure.                                                                               |\n| ------- | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- |\n| Item 9  | Report changes in recoveries of losses on onerous underlying contracts that adjust the CSM.Report this item in accordance with AASB 17 Appendix A, AASB 17.105 (d) and AASB 17.66 (ba)–(bb) Disclosure. |\n| Item 10 | Report changes in estimates that adjust the CSM.Report this item in accordance with AASB 17 Appendix A and AASB 17.104 (a) (i) Disclosure.                                                              |\n| Item 11 | Report changes in estimates that relate to losses and reversals of losses on onerous underlying contracts that do not adjust the CSM.Report this item in accordance with AASB 17.104 (a) (ii).          |\n| Item 12 | Item 12, changes that relate to future services, is a derived item and is calculated as the sum of items 8 to 11 inclusive.                                                                             |\n\n#### Item 13: Changes that relate to past services - changes to assets for incurred claims\n\n| Item 13 | Report changes that relate to past services – changes to assets for incurred claims.Report this item in accordance with AASB 17.104 (c) Disclosure. |\n| ------- | --------------------------------------------------------------------------------------------------------------------------------------------------- |\n\n#### Item 14: Net income (expenses) from reinsurance contracts held\n\n| Item 14 | Item 14, net income (expenses) from reinsurance contracts held, is derived and is calculated as the sum of item 7, item 12 and item 13. |\n| ------- | --------------------------------------------------------------------------------------------------------------------------------------- |\n\n#### Item 15: Effect of changes in non-performance risk of reinsurers\n\n| Item 15 | Report effect of changes in non-performance risk of reinsurers.Report this item in accordance with AASB 17.105 (b) Disclosure. |\n| ------- | ------------------------------------------------------------------------------------------------------------------------------ |\n\n#### Item 16: Finance income (expenses) from reinsurance contracts held\n\n| Item 16 | Report finance income (expenses) from reinsurance contracts held.Report this item in accordance with AASB 17 Appendix A and AASB 17.105 (c) Disclosure. |\n| ------- | ------------------------------------------------------------------------------------------------------------------------------------------------------- |\n\n#### Item 17: Effect of movements in exchange rates\n\n| Item 17 | Report the effect of movements in exchange rates.Report this item in accordance with AASB 17.105 (d) Disclosure. |\n| ------- | ---------------------------------------------------------------------------------------------------------------- |\n\n#### Item 18: Total amounts recognised in the statement of profit or loss and OCI\n\n| Item 18 | Item 18, total amounts recognised in the statement of profit or loss and OCI, is a derived item and is calculated as the sum of items 14 to 17 inclusive. |\n| ------- | --------------------------------------------------------------------------------------------------------------------------------------------------------- |\n\n### Cash flows\n\n#### Report items 19-21 based on AASB 17.98 and 17.105 (a) requirements.\n\n#### Item 19: Premiums paid\n\n| Item 19 | Report premiums paid.Report this item in accordance with AASB 17.105 (a) (i) Disclosure. |\n| ------- | ---------------------------------------------------------------------------------------- |\n\n#### Item 20: Amounts received\n\n| Item 20 | Report amounts received.Report this item in accordance with AASB 17.105 (a) (iii) Disclosure. |\n| ------- | --------------------------------------------------------------------------------------------- |\n\n#### Item 21: Total cash flows\n\n| Item 21 | Item 21, total cash flows, is a derived item and is calculated as the sum of item 19 and item 20. |\n| ------- | ------------------------------------------------------------------------------------------------- |\n\n#### Items 22-24: Other movements in the net balance\n\n| Item 22 | Report other movements in the net balance that are related to acquisitions, disposals, or portfolio transfers.Report this item in accordance with AASB 17.105 (d) Disclosure. |\n| ------- | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------- |\n| Item 23 | Report other movements in the net balance not reported at item 22.Report this item in accordance with AASB 17.105 (d) Disclosure.                                             |\n| Item 24 | Item 24, other movements in the net balance, is a derived item and is calculated as the sum of item 22 and item 23.                                                           |\n\n#### Item 25: Net balance as at end of reporting period\n\n| Item 25 | Item 25, net balance as at end of reporting period, is a derived item and is calculated as the sum of item 3, item 18, item 21 and item 24. |\n| ------- | ------------------------------------------------------------------------------------------------------------------------------------------- |\n\n#### Item 26: Closing reinsurance contract assets\n\n| Item 26 | Report closing reinsurance contract assets.Report this item in accordance with AASB 17 Appendix A and AASB 17.99 (b) Disclosure. |\n| ------- | -------------------------------------------------------------------------------------------------------------------------------- |\n\n#### Item 27: Closing reinsurance contract liabilities\n\n| Item 27 | Report closing reinsurance contract liabilities.Report this item in accordance with AASB 17 Appendix A and AASB 17.99 (b) Disclosure. |\n| ------- | ------------------------------------------------------------------------------------------------------------------------------------- |\n\n#### Item 28: Net balance as at end of reporting period\n\n| Item 28 | Item 28, net balance as at end of reporting period, is a derived item and is calculated as the sum of item 26 and item 27. |\n| ------- | -------------------------------------------------------------------------------------------------------------------------- |","sortOrder":66},{"sectionNumber":"Item 4: Reinsurance expenses: Allocation","sectionType":"subdivision","heading":"Item 4: Reinsurance expenses: Allocation of premiums paid to the reinsurer","content":"#### Item 4: Reinsurance expenses: Allocation of premiums paid to the reinsurer\n\n| Item 4 | Report reinsurance expenses: allocation of premiums paid to the reinsurer.It is requested that the entity present this item separately from amounts recoverable from reinsurers reported at items 5 to 7 inclusive.Report this item in accordance with AASB 17.86 and AASB 17.103 (a) Disclosure. |\n| ------ | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- |","sortOrder":67},{"sectionNumber":"Item 5: Recoveries of incurred claims an","sectionType":"subdivision","heading":"Item 5: Recoveries of incurred claims and other insurance service expenses","content":"#### Item 5: Recoveries of incurred claims and other insurance service expenses\n\n| Item 5 | Report recoveries of incurred claims and other insurance service expenses.Report this item in accordance with AASB 17.103 (b) (i) Disclosure and AASB 17.103 (b) (ii) Disclosure. Report recoveries of amortisation of insurance acquisition cash flows if applicable. |\n| ------ | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- |","sortOrder":68},{"sectionNumber":"Item 6: Recoveries and reversals of reco","sectionType":"subdivision","heading":"Item 6: Recoveries and reversals of recoveries of losses on onerous underlying contracts","content":"#### Item 6: Recoveries and reversals of recoveries of losses on onerous underlying contracts\n\n| Item 6 | Report recoveries and reversals of recoveries of losses on onerous underlying contractsReport this item in accordance with AASB 17.103 (b) (iv) Disclosure. |\n| ------ | ----------------------------------------------------------------------------------------------------------------------------------------------------------- |","sortOrder":69},{"sectionNumber":"Item 7: Changes that relate to past serv","sectionType":"subdivision","heading":"Item 7: Changes that relate to past service: Changes to assets for incurred claims","content":"#### Item 7: Changes that relate to past service: Changes to assets for incurred claims\n\n| Item 7 | Report changes that relate to past service: Changes to assets for incurred claims.Report this item in accordance with AASB 17.103 (b) (iii) Disclosure. |\n| ------ | ------------------------------------------------------------------------------------------------------------------------------------------------------- |","sortOrder":70},{"sectionNumber":"Item 8: Amounts recoverable from reinsur","sectionType":"subdivision","heading":"Item 8: Amounts recoverable from reinsurers","content":"#### Item 8: Amounts recoverable from reinsurers\n\n| Item 8 | Item 8, amounts recoverable from reinsurers, is a derived item and is calculated as the sum of items 5 to 7 inclusive.Report this item in accordance with AASB 17.86 Disclosure and AASB 17.103 (b) Disclosure. |\n| ------ | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- |","sortOrder":71},{"sectionNumber":"Item 9: Investment components and premiu","sectionType":"subdivision","heading":"Item 9: Investment components and premium refunds","content":"#### Item 9: Investment components and premium refunds\n\n| Item 9 | Report investment components and premium refunds.Report this item in accordance with AASB 17 Appendix A and AASB 17.103 (c) Disclosure.Premium refunds may also be netted against the premiums received as disclosed under AASB 17.105 (a) (i). |\n| ------ | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- |","sortOrder":72},{"sectionNumber":"Item 10: Cost of retroactive cover on re","sectionType":"subdivision","heading":"Item 10: Cost of retroactive cover on reinsurance contracts held","content":"#### Item 10: Cost of retroactive cover on reinsurance contracts held\n\n| Item 10 | Report cost of retroactive cover on reinsurance contracts held.Report this item in accordance with AASB 17 Appendix A and AASB 17.65A Disclosure.Insurers can either report the cost of retroactive cover on reinsurance contracts held at this item, or include it as part of Item 4 Reinsurance expenses: Allocation of premiums paid to the reinsurer. |\n| ------- | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- |","sortOrder":73},{"sectionNumber":"Item 11: Impairment of assets for insura","sectionType":"subdivision","heading":"Item 11: Impairment of assets for insurance acquisition cash flows","content":"#### Item 11: Impairment of assets for insurance acquisition cash flows\n\n| Item 11 | Report impairment of assets for insurance acquisition cash flows in accordance with AASB 17 Appendix A, AASB 17.105A and AASB 17.105B Disclosure.Based on the insurer’s interpretation of AASB 17.105A, this item may not apply. |\n| ------- | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- |\n\n#### Item 12: Reversal of impairment of assets for insurance acquisition cash flows\n\n| Item 12 | Report reversal of impairment of assets for insurance acquisition cash flowsReport this item in accordance with AASB 17 Appendix A, AASB 17.105A and AASB 17.105B Disclosure.Based on the insurer’s interpretation of AASB 17.105A, this item may not apply. |\n| ------- | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------ |\n\n#### Item 13: Net income (expenses) from reinsurance contracts held\n\n| Item 13 | Item 13, net income (expenses) from reinsurance contracts held, is a derived item and is calculated as the sum of item 4, and items 8 to 12 inclusive. |\n| ------- | ------------------------------------------------------------------------------------------------------------------------------------------------------ |\n\n#### Item 14: Effect of changes in non-performance risk of reinsurers\n\n| Item 14 | Report effect of changes in non-performance risk of reinsurers.Report this item in accordance with AASB 17.105 (b) Disclosure. |\n| ------- | ------------------------------------------------------------------------------------------------------------------------------ |\n\n#### Item 15: Finance income from reinsurance contracts held\n\n| Item 15 | Report finance income from reinsurance contracts held.Report this item in accordance with AASB 17 Appendix A and AASB 17.105 (c) Disclosure. |\n| ------- | -------------------------------------------------------------------------------------------------------------------------------------------- |\n\n#### Item 16: Effect of movements in exchange rates\n\n| Item 16 | Report effect of movements in exchange rates.Report this item in accordance with AASB 17.105 (d) Disclosure. |\n| ------- | ------------------------------------------------------------------------------------------------------------ |\n\n#### Item 17: Total amounts recognised in the statement of profit or loss and OCI\n\n| Item 17 | Item 17, total amounts recognised in the statement of profit or loss and OCI, is a derived item and is calculated as the sum of items 13 to 16 inclusive. |\n| ------- | --------------------------------------------------------------------------------------------------------------------------------------------------------- |\n\n### Cash flows\n\nReport items 18-21 based on AASB 17.98 and 17.105 (a) requirements.\n\n#### Item 18: Premiums paid\n\n| Item 18 | Report premiums paid.Report this item in accordance with AASB 17.105 (a) (i) Disclosure. |\n| ------- | ---------------------------------------------------------------------------------------- |\n\n#### Item 19: Amounts received\n\n| Item 19 | Report amounts received.Report this item in accordance with AASB 17.105 (a) (iii) Disclosure. |\n| ------- | --------------------------------------------------------------------------------------------- |\n\n#### Item 20: Insurance acquisition cash flows\n\n| Item 20 | Report insurance acquisition cash flows in accordance with AASB 17 Appendix A, AASB 17.105 (a) (ii) Disclosure and AASB 17.105A Disclosure. |\n| ------- | ------------------------------------------------------------------------------------------------------------------------------------------- |\n\n#### Item 21: Total cash flows\n\n| Item 21 | Item 21, total cash flows, is a derived item and is calculated as the sum of items 18 to 20 inclusive. |\n| ------- | ------------------------------------------------------------------------------------------------------ |\n\n#### Items 22-25: Other movements in the net balance\n\n| Item 22 | Report allocation from assets for insurance acquisition cash flows to groups of reinsurance contracts held.Report this item in accordance with AASB 17 Appendix A and AASB 17.105A Disclosure. |\n| ------- | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- |\n| Item 23 | Report other movements in the net balance that are related to acquisitions, disposals, or portfolio transfers.Report this item in accordance with AASB 17.105 (d) Disclosure.                  |\n| Item 24 | Report other movements in the net balance not reported at items 22 and 23.Report this item in accordance with AASB 17.105 (d) Disclosure.                                                      |\n| Item 25 | Item 25, other movements in the net balance, is a derived item and is calculated as the sum of items 22 to 24 inclusive.                                                                       |\n\n#### Item 26: Net balance as at end of reporting period\n\n| Item 26 | Item 26, net balance as at end of reporting period, is a derived item and is calculated as the sum of item 3, item 17, item 21 and item 25. |\n| ------- | ------------------------------------------------------------------------------------------------------------------------------------------- |\n\n#### Item 27: Closing reinsurance contract assets\n\n| Item 27 | Report closing reinsurance contract assets.Report this item in accordance with AASB 17 Appendix A and AASB 17.99 (b) Disclosure. |\n| ------- | -------------------------------------------------------------------------------------------------------------------------------- |\n\n#### Item 28: Closing reinsurance contract liabilities\n\n| Item 28 | Report closing reinsurance contract liabilities.Report this item in accordance with AASB 17 Appendix A and AASB 17.99 (b) Disclosure. |\n| ------- | ------------------------------------------------------------------------------------------------------------------------------------- |\n\n#### Item 29: Net balance as at end of reporting period\n\n| Item 29 | Item 29, net balance as at end of reporting period, is a derived item and is calculated as the sum of item 27 and item 28. |\n| ------- | -------------------------------------------------------------------------------------------------------------------------- |\n\n### Liability Roll Forward 2 – Reconciliation of the measurement components of reinsurance contract balances\n\nFor contracts not measured under the PAA, report the items in the table based on AASB 17.98 and AASB 17.101 requirements to provide separate reconciliations for insurance contracts issued and reinsurance contracts held.\n\nReport zero values for line items if they are not applicable.\n\n| Column 1 | Report estimates of the present value of the future cash flows for the current reporting period.Report this item in accordance with AASB 17.101 (a) Disclosure.           |\n| -------- | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------- |\n| Column 2 | Report the risk adjustment for non-financial risk for the current reporting period.Report this item in accordance with AASB 17 Appendix A and AASB 17.101 (b) Disclosure. |\n| Column 3 | Report the contractual service margin (CSM) for the current reporting period.Report this item in accordance with AASB 17 Appendix A and AASB 17.101 (c) Disclosure.       |\n| Column 4 | Column 4, total current reporting period, is a derived column and is calculated as the sum of columns 1-3.                                                                |\n\n#### Item 1: Opening reinsurance contract assets\n\n| Item 1 | Report opening reinsurance contract assets.Report this item in accordance with AASB 17 Appendix A and AASB 17.99 (b) Disclosure. |\n| ------ | -------------------------------------------------------------------------------------------------------------------------------- |\n\n#### Item 2: Opening reinsurance contract liabilities\n\n| Item 2 | Report opening reinsurance contract liabilities.Report this item in accordance with AASB 17 Appendix A and AASB 17.99 (b) Disclosure. |\n| ------ | ------------------------------------------------------------------------------------------------------------------------------------- |\n\n#### Item 3: Net balance as at beginning of reporting period\n\n| Item 3 | Item 3, net balance as at beginning of reporting period, is a derived item and is calculated as the sum of item 1 and item 2. |\n| ------ | ----------------------------------------------------------------------------------------------------------------------------- |\n\n### Changes in the statement of profit or loss and OCI\n\n#### Items 4-7: Changes that relate to current services\n\n| Item 4 | Report CSM recognised for services received.Report this item in accordance with AASB 17 Appendix A and AASB 17.104 (b) (i) Disclosure.                               |\n| ------ | -------------------------------------------------------------------------------------------------------------------------------------------------------------------- |\n| Item 5 | Report change in risk adjustment for non-financial risk for risk expired.Report this item in accordance with AASB 17 Appendix A and AASB 17.104 (b) (ii) Disclosure. |\n| Item 6 | Report experience adjustments.Report this item in accordance with AASB 17 Appendix A and AASB 17.104 (b) (iii) Disclosure.                                           |\n| Item 7 | Item 7, total changes that relate to current services, is a derived item and is calculated as the sum of items 4 to 6 inclusive.                                     |\n\n#### Items 8-12: Changes that relate to future services\n\n| Item 8  | Report contracts initially recognised in the period.Report this item in accordance with AASB 17.104 (a) (iii) Disclosure.                                                                               |\n| ------- | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- |\n| Item 9  | Report changes in recoveries of losses on onerous underlying contracts that adjust the CSM.Report this item in accordance with AASB 17 Appendix A, AASB 17.105 (d) and AASB 17.66 (ba)–(bb) Disclosure. |\n| Item 10 | Report changes in estimates that adjust the CSM.Report this item in accordance with AASB 17 Appendix A and AASB 17.104 (a) (i) Disclosure.                                                              |\n| Item 11 | Report changes in estimates that relate to losses and reversals of losses on onerous underlying contracts that do not adjust the CSM.Report this item in accordance with AASB 17.104 (a) (ii).          |\n| Item 12 | Item 12, changes that relate to future services, is a derived item and is calculated as the sum of items 8 to 11 inclusive.                                                                             |\n\n#### Item 13: Changes that relate to past services - changes to assets for incurred claims\n\n| Item 13 | Report changes that relate to past services – changes to assets for incurred claims.Report this item in accordance with AASB 17.104 (c) Disclosure. |\n| ------- | --------------------------------------------------------------------------------------------------------------------------------------------------- |\n\n#### Item 14: Net income (expenses) from reinsurance contracts held\n\n| Item 14 | Item 14, net income (expenses) from reinsurance contracts held, is derived and is calculated as the sum of item 7, item 12 and item 13. |\n| ------- | --------------------------------------------------------------------------------------------------------------------------------------- |\n\n#### Item 15: Effect of changes in non-performance risk of reinsurers\n\n| Item 15 | Report effect of changes in non-performance risk of reinsurers.Report this item in accordance with AASB 17.105 (b) Disclosure. |\n| ------- | ------------------------------------------------------------------------------------------------------------------------------ |\n\n#### Item 16: Finance income (expenses) from reinsurance contracts held\n\n| Item 16 | Report finance income (expenses) from reinsurance contracts held.Report this item in accordance with AASB 17 Appendix A and AASB 17.105 (c) Disclosure. |\n| ------- | ------------------------------------------------------------------------------------------------------------------------------------------------------- |\n\n#### Item 17: Effect of movements in exchange rates\n\n| Item 17 | Report the effect of movements in exchange rates.Report this item in accordance with AASB 17.105 (d) Disclosure. |\n| ------- | ---------------------------------------------------------------------------------------------------------------- |\n\n#### Item 18: Total amounts recognised in the statement of profit or loss and OCI\n\n| Item 18 | Item 18, total amounts recognised in the statement of profit or loss and OCI, is a derived item and is calculated as the sum of items 14 to 17 inclusive. |\n| ------- | --------------------------------------------------------------------------------------------------------------------------------------------------------- |\n\n### Cash flows\n\n#### Report items 19-21 based on AASB 17.98 and 17.105 (a) requirements.\n\n#### Item 19: Premiums paid\n\n| Item 19 | Report premiums paid.Report this item in accordance with AASB 17.105 (a) (i) Disclosure. |\n| ------- | ---------------------------------------------------------------------------------------- |\n\n#### Item 20: Amounts received\n\n| Item 20 | Report amounts received.Report this item in accordance with AASB 17.105 (a) (iii) Disclosure. |\n| ------- | --------------------------------------------------------------------------------------------- |\n\n#### Item 21: Total cash flows\n\n| Item 21 | Item 21, total cash flows, is a derived item and is calculated as the sum of item 19 and item 20. |\n| ------- | ------------------------------------------------------------------------------------------------- |\n\n#### Items 22-24: Other movements in the net balance\n\n| Item 22 | Report other movements in the net balance that are related to acquisitions, disposals, or portfolio transfers.Report this item in accordance with AASB 17.105 (d) Disclosure. |\n| ------- | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------- |\n| Item 23 | Report other movements in the net balance not reported at item 22.Report this item in accordance with AASB 17.105 (d) Disclosure.                                             |\n| Item 24 | Item 24, other movements in the net balance, is a derived item and is calculated as the sum of item 22 and item 23.                                                           |\n\n#### Item 25: Net balance as at end of reporting period\n\n| Item 25 | Item 25, net balance as at end of reporting period, is a derived item and is calculated as the sum of item 3, item 18, item 21 and item 24. |\n| ------- | ------------------------------------------------------------------------------------------------------------------------------------------- |\n\n#### Item 26: Closing reinsurance contract assets\n\n| Item 26 | Report closing reinsurance contract assets.Report this item in accordance with AASB 17 Appendix A and AASB 17.99 (b) Disclosure. |\n| ------- | -------------------------------------------------------------------------------------------------------------------------------- |\n\n#### Item 27: Closing reinsurance contract liabilities\n\n| Item 27 | Report closing reinsurance contract liabilities.Report this item in accordance with AASB 17 Appendix A and AASB 17.99 (b) Disclosure. |\n| ------- | ------------------------------------------------------------------------------------------------------------------------------------- |\n\n#### Item 28: Net balance as at end of reporting period\n\n| Item 28 | Item 28, net balance as at end of reporting period, is a derived item and is calculated as the sum of item 26 and item 27. |\n| ------- | -------------------------------------------------------------------------------------------------------------------------- |","sortOrder":74},{"sectionNumber":"Item 11","sectionType":"subdivision","heading":"Item 11","content":"#### Item 11","sortOrder":75},{"sectionNumber":"Item 12: Reversal of impairment of asset","sectionType":"subdivision","heading":"Item 12: Reversal of impairment of assets for insurance acquisition cash flows","content":"#### Item 12: Reversal of impairment of assets for insurance acquisition cash flows\n\n| Item 12 | Report reversal of impairment of assets for insurance acquisition cash flowsReport this item in accordance with AASB 17 Appendix A, AASB 17.105A and AASB 17.105B Disclosure.Based on the insurer’s interpretation of AASB 17.105A, this item may not apply. |\n| ------- | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------ |\n\n#### Item 13: Net income (expenses) from reinsurance contracts held\n\n| Item 13 | Item 13, net income (expenses) from reinsurance contracts held, is a derived item and is calculated as the sum of item 4, and items 8 to 12 inclusive. |\n| ------- | ------------------------------------------------------------------------------------------------------------------------------------------------------ |\n\n#### Item 14: Effect of changes in non-performance risk of reinsurers\n\n| Item 14 | Report effect of changes in non-performance risk of reinsurers.Report this item in accordance with AASB 17.105 (b) Disclosure. |\n| ------- | ------------------------------------------------------------------------------------------------------------------------------ |\n\n#### Item 15: Finance income from reinsurance contracts held\n\n| Item 15 | Report finance income from reinsurance contracts held.Report this item in accordance with AASB 17 Appendix A and AASB 17.105 (c) Disclosure. |\n| ------- | -------------------------------------------------------------------------------------------------------------------------------------------- |\n\n#### Item 16: Effect of movements in exchange rates\n\n| Item 16 | Report effect of movements in exchange rates.Report this item in accordance with AASB 17.105 (d) Disclosure. |\n| ------- | ------------------------------------------------------------------------------------------------------------ |\n\n#### Item 17: Total amounts recognised in the statement of profit or loss and OCI\n\n| Item 17 | Item 17, total amounts recognised in the statement of profit or loss and OCI, is a derived item and is calculated as the sum of items 13 to 16 inclusive. |\n| ------- | --------------------------------------------------------------------------------------------------------------------------------------------------------- |\n\n### Cash flows\n\nReport items 18-21 based on AASB 17.98 and 17.105 (a) requirements.\n\n#### Item 18: Premiums paid\n\n| Item 18 | Report premiums paid.Report this item in accordance with AASB 17.105 (a) (i) Disclosure. |\n| ------- | ---------------------------------------------------------------------------------------- |\n\n#### Item 19: Amounts received\n\n| Item 19 | Report amounts received.Report this item in accordance with AASB 17.105 (a) (iii) Disclosure. |\n| ------- | --------------------------------------------------------------------------------------------- |\n\n#### Item 20: Insurance acquisition cash flows\n\n| Item 20 | Report insurance acquisition cash flows in accordance with AASB 17 Appendix A, AASB 17.105 (a) (ii) Disclosure and AASB 17.105A Disclosure. |\n| ------- | ------------------------------------------------------------------------------------------------------------------------------------------- |\n\n#### Item 21: Total cash flows\n\n| Item 21 | Item 21, total cash flows, is a derived item and is calculated as the sum of items 18 to 20 inclusive. |\n| ------- | ------------------------------------------------------------------------------------------------------ |\n\n#### Items 22-25: Other movements in the net balance\n\n| Item 22 | Report allocation from assets for insurance acquisition cash flows to groups of reinsurance contracts held.Report this item in accordance with AASB 17 Appendix A and AASB 17.105A Disclosure. |\n| ------- | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- |\n| Item 23 | Report other movements in the net balance that are related to acquisitions, disposals, or portfolio transfers.Report this item in accordance with AASB 17.105 (d) Disclosure.                  |\n| Item 24 | Report other movements in the net balance not reported at items 22 and 23.Report this item in accordance with AASB 17.105 (d) Disclosure.                                                      |\n| Item 25 | Item 25, other movements in the net balance, is a derived item and is calculated as the sum of items 22 to 24 inclusive.                                                                       |\n\n#### Item 26: Net balance as at end of reporting period\n\n| Item 26 | Item 26, net balance as at end of reporting period, is a derived item and is calculated as the sum of item 3, item 17, item 21 and item 25. |\n| ------- | ------------------------------------------------------------------------------------------------------------------------------------------- |\n\n#### Item 27: Closing reinsurance contract assets\n\n| Item 27 | Report closing reinsurance contract assets.Report this item in accordance with AASB 17 Appendix A and AASB 17.99 (b) Disclosure. |\n| ------- | -------------------------------------------------------------------------------------------------------------------------------- |\n\n#### Item 28: Closing reinsurance contract liabilities\n\n| Item 28 | Report closing reinsurance contract liabilities.Report this item in accordance with AASB 17 Appendix A and AASB 17.99 (b) Disclosure. |\n| ------- | ------------------------------------------------------------------------------------------------------------------------------------- |\n\n#### Item 29: Net balance as at end of reporting period\n\n| Item 29 | Item 29, net balance as at end of reporting period, is a derived item and is calculated as the sum of item 27 and item 28. |\n| ------- | -------------------------------------------------------------------------------------------------------------------------- |\n\n### Liability Roll Forward 2 – Reconciliation of the measurement components of reinsurance contract balances\n\nFor contracts not measured under the PAA, report the items in the table based on AASB 17.98 and AASB 17.101 requirements to provide separate reconciliations for insurance contracts issued and reinsurance contracts held.\n\nReport zero values for line items if they are not applicable.\n\n| Column 1 | Report estimates of the present value of the future cash flows for the current reporting period.Report this item in accordance with AASB 17.101 (a) Disclosure.           |\n| -------- | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------- |\n| Column 2 | Report the risk adjustment for non-financial risk for the current reporting period.Report this item in accordance with AASB 17 Appendix A and AASB 17.101 (b) Disclosure. |\n| Column 3 | Report the contractual service margin (CSM) for the current reporting period.Report this item in accordance with AASB 17 Appendix A and AASB 17.101 (c) Disclosure.       |\n| Column 4 | Column 4, total current reporting period, is a derived column and is calculated as the sum of columns 1-3.                                                                |\n\n#### Item 1: Opening reinsurance contract assets\n\n| Item 1 | Report opening reinsurance contract assets.Report this item in accordance with AASB 17 Appendix A and AASB 17.99 (b) Disclosure. |\n| ------ | -------------------------------------------------------------------------------------------------------------------------------- |\n\n#### Item 2: Opening reinsurance contract liabilities\n\n| Item 2 | Report opening reinsurance contract liabilities.Report this item in accordance with AASB 17 Appendix A and AASB 17.99 (b) Disclosure. |\n| ------ | ------------------------------------------------------------------------------------------------------------------------------------- |\n\n#### Item 3: Net balance as at beginning of reporting period\n\n| Item 3 | Item 3, net balance as at beginning of reporting period, is a derived item and is calculated as the sum of item 1 and item 2. |\n| ------ | ----------------------------------------------------------------------------------------------------------------------------- |\n\n### Changes in the statement of profit or loss and OCI\n\n#### Items 4-7: Changes that relate to current services\n\n| Item 4 | Report CSM recognised for services received.Report this item in accordance with AASB 17 Appendix A and AASB 17.104 (b) (i) Disclosure.                               |\n| ------ | -------------------------------------------------------------------------------------------------------------------------------------------------------------------- |\n| Item 5 | Report change in risk adjustment for non-financial risk for risk expired.Report this item in accordance with AASB 17 Appendix A and AASB 17.104 (b) (ii) Disclosure. |\n| Item 6 | Report experience adjustments.Report this item in accordance with AASB 17 Appendix A and AASB 17.104 (b) (iii) Disclosure.                                           |\n| Item 7 | Item 7, total changes that relate to current services, is a derived item and is calculated as the sum of items 4 to 6 inclusive.                                     |\n\n#### Items 8-12: Changes that relate to future services\n\n| Item 8  | Report contracts initially recognised in the period.Report this item in accordance with AASB 17.104 (a) (iii) Disclosure.                                                                               |\n| ------- | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- |\n| Item 9  | Report changes in recoveries of losses on onerous underlying contracts that adjust the CSM.Report this item in accordance with AASB 17 Appendix A, AASB 17.105 (d) and AASB 17.66 (ba)–(bb) Disclosure. |\n| Item 10 | Report changes in estimates that adjust the CSM.Report this item in accordance with AASB 17 Appendix A and AASB 17.104 (a) (i) Disclosure.                                                              |\n| Item 11 | Report changes in estimates that relate to losses and reversals of losses on onerous underlying contracts that do not adjust the CSM.Report this item in accordance with AASB 17.104 (a) (ii).          |\n| Item 12 | Item 12, changes that relate to future services, is a derived item and is calculated as the sum of items 8 to 11 inclusive.                                                                             |\n\n#### Item 13: Changes that relate to past services - changes to assets for incurred claims\n\n| Item 13 | Report changes that relate to past services – changes to assets for incurred claims.Report this item in accordance with AASB 17.104 (c) Disclosure. |\n| ------- | --------------------------------------------------------------------------------------------------------------------------------------------------- |\n\n#### Item 14: Net income (expenses) from reinsurance contracts held\n\n| Item 14 | Item 14, net income (expenses) from reinsurance contracts held, is derived and is calculated as the sum of item 7, item 12 and item 13. |\n| ------- | --------------------------------------------------------------------------------------------------------------------------------------- |\n\n#### Item 15: Effect of changes in non-performance risk of reinsurers\n\n| Item 15 | Report effect of changes in non-performance risk of reinsurers.Report this item in accordance with AASB 17.105 (b) Disclosure. |\n| ------- | ------------------------------------------------------------------------------------------------------------------------------ |\n\n#### Item 16: Finance income (expenses) from reinsurance contracts held\n\n| Item 16 | Report finance income (expenses) from reinsurance contracts held.Report this item in accordance with AASB 17 Appendix A and AASB 17.105 (c) Disclosure. |\n| ------- | ------------------------------------------------------------------------------------------------------------------------------------------------------- |\n\n#### Item 17: Effect of movements in exchange rates\n\n| Item 17 | Report the effect of movements in exchange rates.Report this item in accordance with AASB 17.105 (d) Disclosure. |\n| ------- | ---------------------------------------------------------------------------------------------------------------- |\n\n#### Item 18: Total amounts recognised in the statement of profit or loss and OCI\n\n| Item 18 | Item 18, total amounts recognised in the statement of profit or loss and OCI, is a derived item and is calculated as the sum of items 14 to 17 inclusive. |\n| ------- | --------------------------------------------------------------------------------------------------------------------------------------------------------- |\n\n### Cash flows\n\n#### Report items 19-21 based on AASB 17.98 and 17.105 (a) requirements.\n\n#### Item 19: Premiums paid\n\n| Item 19 | Report premiums paid.Report this item in accordance with AASB 17.105 (a) (i) Disclosure. |\n| ------- | ---------------------------------------------------------------------------------------- |\n\n#### Item 20: Amounts received\n\n| Item 20 | Report amounts received.Report this item in accordance with AASB 17.105 (a) (iii) Disclosure. |\n| ------- | --------------------------------------------------------------------------------------------- |\n\n#### Item 21: Total cash flows\n\n| Item 21 | Item 21, total cash flows, is a derived item and is calculated as the sum of item 19 and item 20. |\n| ------- | ------------------------------------------------------------------------------------------------- |\n\n#### Items 22-24: Other movements in the net balance\n\n| Item 22 | Report other movements in the net balance that are related to acquisitions, disposals, or portfolio transfers.Report this item in accordance with AASB 17.105 (d) Disclosure. |\n| ------- | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------- |\n| Item 23 | Report other movements in the net balance not reported at item 22.Report this item in accordance with AASB 17.105 (d) Disclosure.                                             |\n| Item 24 | Item 24, other movements in the net balance, is a derived item and is calculated as the sum of item 22 and item 23.                                                           |\n\n#### Item 25: Net balance as at end of reporting period\n\n| Item 25 | Item 25, net balance as at end of reporting period, is a derived item and is calculated as the sum of item 3, item 18, item 21 and item 24. |\n| ------- | ------------------------------------------------------------------------------------------------------------------------------------------- |\n\n#### Item 26: Closing reinsurance contract assets\n\n| Item 26 | Report closing reinsurance contract assets.Report this item in accordance with AASB 17 Appendix A and AASB 17.99 (b) Disclosure. |\n| ------- | -------------------------------------------------------------------------------------------------------------------------------- |\n\n#### Item 27: Closing reinsurance contract liabilities\n\n| Item 27 | Report closing reinsurance contract liabilities.Report this item in accordance with AASB 17 Appendix A and AASB 17.99 (b) Disclosure. |\n| ------- | ------------------------------------------------------------------------------------------------------------------------------------- |\n\n#### Item 28: Net balance as at end of reporting period\n\n| Item 28 | Item 28, net balance as at end of reporting period, is a derived item and is calculated as the sum of item 26 and item 27. |\n| ------- | -------------------------------------------------------------------------------------------------------------------------- |","sortOrder":76},{"sectionNumber":"Item 12","sectionType":"subdivision","heading":"Item 12","content":"#### Item 12","sortOrder":77},{"sectionNumber":"Item 13: Net income (expenses) from rein","sectionType":"subdivision","heading":"Item 13: Net income (expenses) from reinsurance contracts held","content":"#### Item 13: Net income (expenses) from reinsurance contracts held\n\n| Item 13 | Item 13, net income (expenses) from reinsurance contracts held, is a derived item and is calculated as the sum of item 4, and items 8 to 12 inclusive. |\n| ------- | ------------------------------------------------------------------------------------------------------------------------------------------------------ |","sortOrder":78},{"sectionNumber":"Item 14: Effect of changes in non-perfor","sectionType":"subdivision","heading":"Item 14: Effect of changes in non-performance risk of reinsurers","content":"#### Item 14: Effect of changes in non-performance risk of reinsurers\n\n| Item 14 | Report effect of changes in non-performance risk of reinsurers.Report this item in accordance with AASB 17.105 (b) Disclosure. |\n| ------- | ------------------------------------------------------------------------------------------------------------------------------ |","sortOrder":79},{"sectionNumber":"Item 15: Finance income from reinsurance","sectionType":"subdivision","heading":"Item 15: Finance income from reinsurance contracts held","content":"#### Item 15: Finance income from reinsurance contracts held\n\n| Item 15 | Report finance income from reinsurance contracts held.Report this item in accordance with AASB 17 Appendix A and AASB 17.105 (c) Disclosure. |\n| ------- | -------------------------------------------------------------------------------------------------------------------------------------------- |","sortOrder":80},{"sectionNumber":"Item 16: Effect of movements in exchange","sectionType":"subdivision","heading":"Item 16: Effect of movements in exchange rates","content":"#### Item 16: Effect of movements in exchange rates\n\n| Item 16 | Report effect of movements in exchange rates.Report this item in accordance with AASB 17.105 (d) Disclosure. |\n| ------- | ------------------------------------------------------------------------------------------------------------ |","sortOrder":81},{"sectionNumber":"Item 17: Total amounts recognised in the","sectionType":"subdivision","heading":"Item 17: Total amounts recognised in the statement of profit or loss and OCI","content":"#### Item 17: Total amounts recognised in the statement of profit or loss and OCI\n\n| Item 17 | Item 17, total amounts recognised in the statement of profit or loss and OCI, is a derived item and is calculated as the sum of items 13 to 16 inclusive. |\n| ------- | --------------------------------------------------------------------------------------------------------------------------------------------------------- |","sortOrder":82},{"sectionNumber":"Item 18: Premiums paid","sectionType":"subdivision","heading":"Item 18: Premiums paid","content":"#### Item 18: Premiums paid\n\n| Item 18 | Report premiums paid.Report this item in accordance with AASB 17.105 (a) (i) Disclosure. |\n| ------- | ---------------------------------------------------------------------------------------- |","sortOrder":84},{"sectionNumber":"Item 19: Amounts received","sectionType":"subdivision","heading":"Item 19: Amounts received","content":"#### Item 19: Amounts received\n\n| Item 19 | Report amounts received.Report this item in accordance with AASB 17.105 (a) (iii) Disclosure. |\n| ------- | --------------------------------------------------------------------------------------------- |","sortOrder":85},{"sectionNumber":"Item 20: Insurance acquisition cash flow","sectionType":"subdivision","heading":"Item 20: Insurance acquisition cash flows","content":"#### Item 20: Insurance acquisition cash flows\n\n| Item 20 | Report insurance acquisition cash flows in accordance with AASB 17 Appendix A, AASB 17.105 (a) (ii) Disclosure and AASB 17.105A Disclosure. |\n| ------- | ------------------------------------------------------------------------------------------------------------------------------------------- |","sortOrder":86},{"sectionNumber":"Item 21: Total cash flows","sectionType":"subdivision","heading":"Item 21: Total cash flows","content":"#### Item 21: Total cash flows\n\n| Item 21 | Item 21, total cash flows, is a derived item and is calculated as the sum of items 18 to 20 inclusive. |\n| ------- | ------------------------------------------------------------------------------------------------------ |","sortOrder":87},{"sectionNumber":"Items 22-25: Other movements in the net ","sectionType":"subdivision","heading":"Items 22-25: Other movements in the net balance","content":"#### Items 22-25: Other movements in the net balance\n\n| Item 22 | Report allocation from assets for insurance acquisition cash flows to groups of reinsurance contracts held.Report this item in accordance with AASB 17 Appendix A and AASB 17.105A Disclosure. |\n| ------- | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- |\n| Item 23 | Report other movements in the net balance that are related to acquisitions, disposals, or portfolio transfers.Report this item in accordance with AASB 17.105 (d) Disclosure.                  |\n| Item 24 | Report other movements in the net balance not reported at items 22 and 23.Report this item in accordance with AASB 17.105 (d) Disclosure.                                                      |\n| Item 25 | Item 25, other movements in the net balance, is a derived item and is calculated as the sum of items 22 to 24 inclusive.                                                                       |","sortOrder":88},{"sectionNumber":"Item 26: Net balance as at end of report","sectionType":"subdivision","heading":"Item 26: Net balance as at end of reporting period","content":"#### Item 26: Net balance as at end of reporting period\n\n| Item 26 | Item 26, net balance as at end of reporting period, is a derived item and is calculated as the sum of item 3, item 17, item 21 and item 25. |\n| ------- | ------------------------------------------------------------------------------------------------------------------------------------------- |","sortOrder":89},{"sectionNumber":"Item 27: Closing reinsurance contract as","sectionType":"subdivision","heading":"Item 27: Closing reinsurance contract assets","content":"#### Item 27: Closing reinsurance contract assets\n\n| Item 27 | Report closing reinsurance contract assets.Report this item in accordance with AASB 17 Appendix A and AASB 17.99 (b) Disclosure. |\n| ------- | -------------------------------------------------------------------------------------------------------------------------------- |","sortOrder":90},{"sectionNumber":"Item 28: Closing reinsurance contract li","sectionType":"subdivision","heading":"Item 28: Closing reinsurance contract liabilities","content":"#### Item 28: Closing reinsurance contract liabilities\n\n| Item 28 | Report closing reinsurance contract liabilities.Report this item in accordance with AASB 17 Appendix A and AASB 17.99 (b) Disclosure. |\n| ------- | ------------------------------------------------------------------------------------------------------------------------------------- |","sortOrder":91},{"sectionNumber":"Item 29: Net balance as at end of report","sectionType":"subdivision","heading":"Item 29: Net balance as at end of reporting period","content":"#### Item 29: Net balance as at end of reporting period\n\n| Item 29 | Item 29, net balance as at end of reporting period, is a derived item and is calculated as the sum of item 27 and item 28. |\n| ------- | -------------------------------------------------------------------------------------------------------------------------- |","sortOrder":92},{"sectionNumber":"Items 8-12: Changes that relate to futur","sectionType":"subdivision","heading":"Items 8-12: Changes that relate to future services","content":"#### Items 8-12: Changes that relate to future services\n\n| Item 8  | Report contracts initially recognised in the period.Report this item in accordance with AASB 17.104 (a) (iii) Disclosure.                                                                               |\n| ------- | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- |\n| Item 9  | Report changes in recoveries of losses on onerous underlying contracts that adjust the CSM.Report this item in accordance with AASB 17 Appendix A, AASB 17.105 (d) and AASB 17.66 (ba)–(bb) Disclosure. |\n| Item 10 | Report changes in estimates that adjust the CSM.Report this item in accordance with AASB 17 Appendix A and AASB 17.104 (a) (i) Disclosure.                                                              |\n| Item 11 | Report changes in estimates that relate to losses and reversals of losses on onerous underlying contracts that do not adjust the CSM.Report this item in accordance with AASB 17.104 (a) (ii).          |\n| Item 12 | Item 12, changes that relate to future services, is a derived item and is calculated as the sum of items 8 to 11 inclusive.                                                                             |","sortOrder":99},{"sectionNumber":"Item 13: Changes that relate to past ser","sectionType":"subdivision","heading":"Item 13: Changes that relate to past services - changes to assets for incurred claims","content":"#### Item 13: Changes that relate to past services - changes to assets for incurred claims\n\n| Item 13 | Report changes that relate to past services – changes to assets for incurred claims.Report this item in accordance with AASB 17.104 (c) Disclosure. |\n| ------- | --------------------------------------------------------------------------------------------------------------------------------------------------- |","sortOrder":100},{"sectionNumber":"Item 14: Net income (expenses) from rein","sectionType":"subdivision","heading":"Item 14: Net income (expenses) from reinsurance contracts held","content":"#### Item 14: Net income (expenses) from reinsurance contracts held\n\n| Item 14 | Item 14, net income (expenses) from reinsurance contracts held, is derived and is calculated as the sum of item 7, item 12 and item 13. |\n| ------- | --------------------------------------------------------------------------------------------------------------------------------------- |","sortOrder":101},{"sectionNumber":"Item 15: Effect of changes in non-perfor","sectionType":"subdivision","heading":"Item 15: Effect of changes in non-performance risk of reinsurers","content":"#### Item 15: Effect of changes in non-performance risk of reinsurers\n\n| Item 15 | Report effect of changes in non-performance risk of reinsurers.Report this item in accordance with AASB 17.105 (b) Disclosure. |\n| ------- | ------------------------------------------------------------------------------------------------------------------------------ |","sortOrder":102},{"sectionNumber":"Item 16: Finance income (expenses) from ","sectionType":"subdivision","heading":"Item 16: Finance income (expenses) from reinsurance contracts held","content":"#### Item 16: Finance income (expenses) from reinsurance contracts held\n\n| Item 16 | Report finance income (expenses) from reinsurance contracts held.Report this item in accordance with AASB 17 Appendix A and AASB 17.105 (c) Disclosure. |\n| ------- | ------------------------------------------------------------------------------------------------------------------------------------------------------- |","sortOrder":103},{"sectionNumber":"Item 17: Effect of movements in exchange","sectionType":"subdivision","heading":"Item 17: Effect of movements in exchange rates","content":"#### Item 17: Effect of movements in exchange rates\n\n| Item 17 | Report the effect of movements in exchange rates.Report this item in accordance with AASB 17.105 (d) Disclosure. |\n| ------- | ---------------------------------------------------------------------------------------------------------------- |","sortOrder":104},{"sectionNumber":"Item 18: Total amounts recognised in the","sectionType":"subdivision","heading":"Item 18: Total amounts recognised in the statement of profit or loss and OCI","content":"#### Item 18: Total amounts recognised in the statement of profit or loss and OCI\n\n| Item 18 | Item 18, total amounts recognised in the statement of profit or loss and OCI, is a derived item and is calculated as the sum of items 14 to 17 inclusive. |\n| ------- | --------------------------------------------------------------------------------------------------------------------------------------------------------- |","sortOrder":105},{"sectionNumber":"Report items 19-21 based on AASB 17.98 a","sectionType":"subdivision","heading":"Report items 19-21 based on AASB 17.98 and 17.105 (a) requirements.","content":"# Reporting Standard HRS 320.0\n\n# Liability Roll Forwards\n\n## General instructions\n\nThese instructions assist completion of the Reporting Standard HRS 320.0 Liability Roll Forwards, which collects information relating to reconciliations of insurance contract liabilities required by AASB 17 Insurance Contracts (AASB 17). These instructions also apply to roll forwards of assets for insurance acquisition cash flows and reinsurance contracts held.\n\n### Reporting tables\n\nTables described in this reporting standard list each of the data fields required to be reported. The data fields are listed sequentially in the column order that they will appear in the reported data set. Constraints on the data that can be reported for each field have also been provided.\n\n### General accounting basis\n\nUnless otherwise specifically stated, reporting insurers are to report in accordance with the relevant Australian Accounting Standards.\n\n### References to Australian Accounting Standards\n\nEach item reported under this Reporting Standard aligns with the Accounting Standards made by the Australian Accounting Standards Board (AASB). The applicable AASB references are specified with each item. AASB reference provides a written description of the accounting meaning of an IFRS Taxonomy element.\n\n### IFRS taxonomy element reference\n\nEach IFRS taxonomy element contains at least one cross-reference to an AASB Standard (that incorporates IFRS 17 Standards as issued and amended by the International Accounting Standards Board) and has a reference type that can be used to identify the source of that element. The IFRS Taxonomy uses the following element reference types:\n\n    (a) disclosure—an element of this type depicts a presentation or disclosure requirement of an IFRS/AASB Standard;\n    (b) example—an element of this type represents an example provided in an IFRS/AASB Standard or its accompanying materials; and\n    (a) common practice—an element of this type reflects common reporting practice within IFRS/AASB financial statements. They are not specifically mentioned in IFRS/AASB Standards or their accompanying materials, but are consistent with IFRS/AASB Standards. They have been found to be frequently disclosed across a range of companies and accounting jurisdictions.\n\n### Definitions\n\nTerms highlighted in bold italics indicate that the definition is provided in this Reporting Standard.\n\n## Specific instructions\n\n### Reporting basis\n\nInformation in this Reporting Standard is to be completed by private health insurers for each reporting period on a private health insurer basis.\n\n### Units of measurement\n\nReport values in this Reporting Standard in whole Australian dollars (AUD).\n\nConvert amounts denominated in foreign currency to AUD in accordance with AASB 121 The Effects of Changes in Foreign Exchange Rates.\n\nDirect business is any insurance business written / insurance contracts issued by the reporting insurer.\n\nInwards reinsurance is any reinsurance business written / reinsurance contracts issued by the reporting insurer.\n\n  \n\n  \n\n## Part A: Insurance contracts issued (direct business/inwards reinsurance)\n\n### Liability Roll Forward 1 – Reconciliation of the liability for remaining coverage and the liability for incurred claims\n\nReport the items in the table based on AASB 17.100 requirements to provide reconciliation from the opening to the closing balances of the liabilities for remaining coverage (LRC) and liabilities for incurred claims (LIC). Report the reconciliation from the opening to the closing balance of assets for insurance acquisition cash flows based on the insurer’s interpretation of AASB 17.105A and AASB 17.105B requirements.\n\nReport zero values for line items if they are not applicable.\n\n| Column 1 | Report liabilities for remaining coverage excluding loss component for the current reporting period.Where a group of contracts meets the requirements under AASB 17.20, report these contracts in this column.Report this item in accordance with AASB 17 Appendix A and AASB 17.100 (a) Disclosure.                                    |\n| -------- | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- |\n| Column 2 | Report the loss component of liabilities for remaining coverage for the current reporting period.Report this item in accordance with AASB 17 Appendix A and AASB 17.100 (b) Disclosure.                                                                                                                                                 |\n| Column 3 | Report liabilities for incurred claims from contracts not measured under the Premium Allocation Approach (PAA) for the current reporting period.Report this item in accordance with AASB 17 Appendix A and AASB 17.100 (c) Disclosure.                                                                                                  |\n| Column 4 | For liabilities for incurred claims from contracts measured under the PAA, report estimates of the present value of the future cash flows for the current reporting period.Report this item in accordance with AASB 17 Appendix A and AASB 17.100 (c) (i) Disclosure.                                                                   |\n| Column 5 | For liabilities for incurred claims from contracts measured under PAA, report the risk adjustment for non-financial risk for the current reporting period.Report this item in accordance with AASB 17 Appendix A and AASB 17.100 (c) (ii) Disclosure.                                                                                   |\n| Column 6 | Report assets for insurance acquisition cash flows recognised applying AASB 17 paragraph 28B for the current reporting period.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. |\n| Column 7 | Column 7, total current reporting period, is a derived column and is calculated as the sum of columns 1 to 6.                                                                                                                                                                                                                           |\n\nItem 1: Opening insurance contract liabilities\n\n| Item 1 | Report opening insurance contract liabilities.Report this item in accordance with AASB 17 Appendix A and AASB 17.99 (b) Disclosure. |\n| ------ | ----------------------------------------------------------------------------------------------------------------------------------- |\n\nItem 2: Opening insurance contract assets\n\n| Item 2 | Report opening insurance contract assets.Report this item in accordance with AASB 17 Appendix A and AASB 17.99 (b) Disclosure. |\n| ------ | ------------------------------------------------------------------------------------------------------------------------------ |\n\nItem 3: Net balance as at beginning of reporting period\n\n| Item 3 | Item 3, net balance as at beginning of reporting period, is a derived item and is calculated as the sum of item 1 and item 2. |\n| ------ | ----------------------------------------------------------------------------------------------------------------------------- |\n\n### Changes in the statement of profit or loss and other comprehensive income (OCI)\n\nItem 4: Insurance revenue\n\n| Item 4 | Report insurance revenue.Report this item in accordance with AASB 17.103 (a) Disclosure. |\n| ------ | ---------------------------------------------------------------------------------------- |\n\n#### Items 5-11: Insurance service expenses\n\n| Item 5  | Report incurred claims and other expenses.Report this item in accordance with AASB 17.103 (b) (i) Disclosure.                                                                                                                                                |\n| ------- | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------ |\n| Item 6  | Report insurance acquisition cash flows amortisation.Report this item in accordance with AASB 17.103 (b) (ii) Disclosure.                                                                                                                                    |\n| Item 7  | Report changes that relate to future service: losses on onerous contracts and reversals of those losses.Report this item in accordance with AASB 17.103 (b) (iv) Disclosure.                                                                                 |\n| Item 8  | Report changes that relate to past service: changes to liabilities for incurred claims.Report this item in accordance with AASB 17.103 (b) (iii) Disclosure.                                                                                                 |\n| Item 9  | Report impairment of assets for insurance acquisition cash flows.Report this item in accordance with AASB 17 Appendix A, AASB 17.105A and AASB 17.105B Disclosure.Based on the insurer’s interpretation of AASB 17.105A, this item may not apply.            |\n| Item 10 | Report reversal of impairment of assets for insurance acquisition cash flowsReport this item in accordance with AASB 17 Appendix A, AASB 17.105A and AASB 17.105B Disclosure.Based on the insurer’s interpretation of AASB 17.105A, this item may not apply. |\n| Item 11 | Item 11, total insurance service expenses, is a derived item and is calculated as the sum of items 5 to 10 inclusive.                                                                                                                                        |\n\n#### Item 12: Investment components and premium refunds\n\n| Item 12 | Report investment components and premium refunds.Report this item in accordance with AASB 17 Appendix A and AASB 17.103 (c) Disclosure.Premium refunds may also be netted against the premiums received as disclosed under AASB 17.105 (a) (i). |\n| ------- | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- |\n\n#### Item 13: Insurance service result\n\n| Item 13 | Item 13, insurance service result, is a derived item and is calculated as the sum of item 4, item 11 and item 12. |\n| ------- | ----------------------------------------------------------------------------------------------------------------- |\n\n#### Item 14: Finance expenses from insurance contracts issued\n\n| Item 14 | Report finance expenses from insurance contracts issued.Report this item in accordance with AASB 17 Appendix A and AASB 17.105 (c) Disclosure. |\n| ------- | ---------------------------------------------------------------------------------------------------------------------------------------------- |\n\n#### Item 15: Effect of movements in exchange rates\n\n| Item 15 | Report effect of movements in exchange rates.Report this item in accordance with AASB 17.105 (d) Disclosure. |\n| ------- | ------------------------------------------------------------------------------------------------------------ |\n\n#### Item 16: Total amounts recognised in the statement of profit or loss and OCI\n\n| Item 16 | Item 16, total amounts recognised in the statement of profit or loss and OCI, is a derived item and is calculated as the sum of items 13 to 15 inclusive. |\n| ------- | --------------------------------------------------------------------------------------------------------------------------------------------------------- |\n\n#### Cash flows\n\nReport items 17-20 based on AASB 17.98 and 17.105 (a) requirements.\n\n#### Items 17-20: Cash flows\n\n| Item 17 | Report premiums received.Report this item in accordance with AASB 17.105 (a) (i) Disclosure.                                                                        |\n| ------- | ------------------------------------------------------------------------------------------------------------------------------------------------------------------- |\n| Item 18 | Report claims and other expenses paid, including investment components.Report this item in accordance with AASB 17 Appendix A and AASB 17.105 (a) (iii) Disclosure. |\n| Item 19 | Report insurance acquisition cash flows.Report this item in accordance with AASB 17 Appendix A, AASB 17.105 (a) (ii) Disclosure and AASB 17.105A Disclosure.        |\n| Item 20 | Item 20, total cash flows, is a derived item and is calculated as the sum of items 17 to 19 inclusive.                                                              |\n\n#### Items 21-24: Other movements in the net balance\n\n| Item 21 | Report allocation from assets for insurance acquisition cash flows to groups of insurance contracts.Report this item in accordance with AASB 17 Appendix A and AASB 17.105A Disclosure.Based on the insurer’s interpretation of AASB 17.105A, this item may not apply. |\n| ------- | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- |\n| Item 22 | Report other movements in the net balance that are related to acquisitions/disposals/portfolio transfers.Report this item in accordance with AASB 17.105 (d) Disclosure.                                                                                               |\n| Item 23 | Report other movements in the net balance not reported at items 21 and 22.Report this item in accordance with AASB 17.105 (d) Disclosure.                                                                                                                              |\n| Item 24 | Item 24, other movements in the net balance, is a derived item and is calculated as the sum of items 21 to 23 inclusive.                                                                                                                                               |\n\n#### Item 25: Net balance as at end of reporting period\n\n| Item 25 | Item 25, net balance as at end of reporting period, is a derived item and is calculated as the sum of item 3, item 16, item 20 and item 24. |\n| ------- | ------------------------------------------------------------------------------------------------------------------------------------------- |\n\n#### Item 26: Closing insurance contract liabilities\n\n| Item 26 | Report closing insurance contract liabilities.Report this item in accordance with AASB 17 Appendix A and AASB 17.99 (b) Disclosure. |\n| ------- | ----------------------------------------------------------------------------------------------------------------------------------- |\n\n#### Item 27: Closing insurance contract assets\n\n| Item 27 | Report closing insurance contract assets.Report this item in accordance with AASB 17 Appendix A and AASB 17.99 (b) Disclosure. |\n| ------- | ------------------------------------------------------------------------------------------------------------------------------ |\n\n#### Item 28: Net balance as at end of reporting period\n\n| Item 28 | Item 28, net balance as at end of reporting period, is a derived item and is calculated as the sum of item 26 and item 27. |\n| ------- | -------------------------------------------------------------------------------------------------------------------------- |\n\n### Liability Roll Forward 2 – Reconciliation of the measurement components of insurance contract balances\n\nFor contracts not measured under the PAA, report the items in the table based on AASB 17.101 requirements.\n\nReport zero values for line items if they are not applicable.\n\n| Column 1 | Report estimates of the present value of the future cash flows for the current reporting period.Report this item in accordance with AASB 17.101 (a) Disclosure.           |\n| -------- | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------- |\n| Column 2 | Report the risk adjustment for non-financial risk for the current reporting period.Report this item in accordance with AASB 17 Appendix A and AASB 17.101 (b) Disclosure. |\n| Column 3 | Report the contractual service margin (CSM) for the current reporting period.Report this item in accordance with AASB 17 Appendix A and AASB 17.101 (c) Disclosure.       |\n| Column 4 | Column 4, total current reporting period, is a derived column and is calculated as the sum of columns 1-3.                                                                |\n\n#### Item 1: Opening insurance contract liabilities\n\n| Item 1 | Report opening insurance contract liabilities.Report this item in accordance with AASB 17 Appendix A and AASB 17.99 (b) Disclosure. |\n| ------ | ----------------------------------------------------------------------------------------------------------------------------------- |\n\n#### Item 2: Opening insurance contract assets\n\n| Item 2 | Report opening insurance contract assets.Report this item in accordance with AASB 17 Appendix A and AASB 17.99 (b) Disclosure. |\n| ------ | ------------------------------------------------------------------------------------------------------------------------------ |\n\n#### Item 3: Net balance as at beginning of reporting period\n\n| Item 3 | Item 3, net balance as at beginning of reporting period, is a derived item and is calculated as the sum of item 1 and item 2. |\n| ------ | ----------------------------------------------------------------------------------------------------------------------------- |\n\n### Changes in the statement of profit or loss and OCI\n\n#### Items 4-7: Changes that relate to current services\n\n| Item 4 | Report CSM recognised for services provided.Report this item in accordance with AASB 17 Appendix A and AASB 17.104 (b) (i) Disclosure.                               |\n| ------ | -------------------------------------------------------------------------------------------------------------------------------------------------------------------- |\n| Item 5 | Report change in risk adjustment for non-financial risk for risk expired.Report this item in accordance with AASB 17 Appendix A and AASB 17.104 (b) (ii) Disclosure. |\n| Item 6 | Report experience adjustments.Report this item in accordance with AASB 17 Appendix A and AASB 17.104 (b) (iii) Disclosure.                                           |\n| Item 7 | Item 7, total changes that relate to current services, is a derived item and is calculated as the sum of items 4 to 6 inclusive.                                     |\n\n#### Items 8-11: Changes that relate to future services\n\n| Item 8  | Report changes in estimates that adjust the CSM.Report this item in accordance with AASB 17 Appendix A and AASB 17.104 (a) (i) Disclosure.                                                                                  |\n| ------- | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- |\n| Item 9  | Report changes in estimates that do not adjust the CSM, i.e. losses on groups of onerous contracts and reversals of such losses.Report this item in accordance with AASB 17 Appendix A and AASB 17.104 (a) (ii) Disclosure. |\n| Item 10 | Report contracts initially recognised in the period.Report this item in accordance with AASB 17.104 (a) (iii) Disclosure.                                                                                                   |\n| Item 11 | Item 11, total changes that relate to future services, is a derived item and is calculated as the sum of items 8 to 10 inclusive.                                                                                           |\n\n#### Item 12: Changes that relate to past services - Changes to liabilities for incurred claims\n\n| Item 12 | Report changes that relate to past services - changes to liabilities for incurred claims.Report this item in accordance with AASB 17.104 (c) Disclosure. |\n| ------- | -------------------------------------------------------------------------------------------------------------------------------------------------------- |\n\n#### Item 13: Insurance service result\n\n| Item 13 | Item 13, insurance service result, is a derived item and is calculated as the sum of item 7, item 11 and item 12. |\n| ------- | ----------------------------------------------------------------------------------------------------------------- |\n\n#### Item 14: Finance expenses or income from insurance contracts issued\n\n| Item 14 | Report finance expenses or income from insurance contracts issued.Report this item in accordance with AASB 17 Appendix A and AASB 17.105 (c) Disclosure. |\n| ------- | -------------------------------------------------------------------------------------------------------------------------------------------------------- |\n\n#### Item 15: Effect of movements in exchange rates\n\n| Item 15 | Report effect of movements in exchange rates.Report this item in accordance with AASB 17.105 (d) Disclosure. |\n| ------- | ------------------------------------------------------------------------------------------------------------ |\n\n#### Item 16: Total amounts recognised in the statement of profit or loss and OCI\n\n| Item 16 | Item 16, total amounts recognised in the statement of profit or loss and OCI, is a derived item and is calculated as the sum of items 13 to 15 inclusive. |\n| ------- | --------------------------------------------------------------------------------------------------------------------------------------------------------- |\n\n### Cash flows\n\nReport items 17-20 based on AASB 17.98 and 17.105 (a) requirements.\n\n#### Item 17: Premiums received\n\n| Item 17 | Report premiums received for insurance contracts issued.Report this item in accordance with AASB 17 Appendix A and AASB 17.105 (a) (i) Disclosure. |\n| ------- | -------------------------------------------------------------------------------------------------------------------------------------------------- |\n\n#### Item 18: Claims and other expenses paid\n\n| Item 18 | Report claims and other expenses paid.Report this item in accordance with AASB 17.105 (a) (iii) Disclosure. |\n| ------- | ----------------------------------------------------------------------------------------------------------- |\n\n#### Item 19: Insurance acquisition cash flows paid\n\n| Item 19 | Report insurance acquisition cash flows paid.Report this item in accordance with AASB 17 Appendix A and AASB 17.105 (a) (ii) Disclosure. |\n| ------- | ---------------------------------------------------------------------------------------------------------------------------------------- |\n\n#### Item 20: Total cash flows\n\n| Item 20 | Item 20, total cash flows, is a derived item and is calculated as the sum of items 17 to 19 inclusive. |\n| ------- | ------------------------------------------------------------------------------------------------------ |\n\n#### Items 21-24: Other movements in the net balance\n\n| Item 21 | Report allocation from assets for insurance acquisition cash flows to groups of insurance contracts.Report this item in accordance with AASB 17 Appendix A and AASB 17.105A Disclosure.Based on the insurer’s interpretation of AASB 17.105A, this item may not apply. |\n| ------- | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- |\n| Item 22 | Report other movements in the net balance that are related to acquisitions/disposals/portfolio transfers.Report this item in accordance with AASB 17.105 (d) Disclosure.                                                                                               |\n| Item 23 | Report other movements in the net balance not reported at items 21 and 22.Report this item in accordance with AASB 17.105 (d) Disclosure.                                                                                                                              |\n| Item 24 | Item 24, other movements in the net balance, is a derived item and is calculated as the sum of items 21 to 23 inclusive.                                                                                                                                               |\n\n#### Item 25: Net balance as at end of reporting period\n\n| Item 25 | Item 25, net balance as at end of reporting period, is a derived item and is calculated as the sum of item 3, item 16, item 20 and item 24. |\n| ------- | ------------------------------------------------------------------------------------------------------------------------------------------- |\n\n#### Items 26-28: Closing balances\n\n| Item 26 | Report closing insurance contract liabilities.Report this item in accordance with AASB 17 Appendix A and AASB 17.99 (b) Disclosure. |\n| ------- | ----------------------------------------------------------------------------------------------------------------------------------- |\n| Item 27 | Report closing insurance contract assets.Report this item in accordance with AASB 17 Appendix A and AASB 17.99 (b) Disclosure.      |\n| Item 28 | Item 28, net balance as at end of reporting period, is a derived item and is calculated as the sum of item 26 and item 27.          |\n\n  \n\n## Part B: Reinsurance contracts held (outwards reinsurance by cedant/retrocedent)\n\n### Liability Roll Forward 1 – Reconciliation of the asset for remaining coverage and the asset for incurred claims\n\nReport the items in the table based on AASB 17.98, AASB 17.100, AASB 17.105A and AASB 17.105B requirements to provide separate reconciliations for insurance contracts issued and reinsurance contracts held.\n\nReport zero values for line items if they are not applicable.\n\n| Column 1 | Report assets for remaining coverage excluding loss-recovery component for the current reporting period.Report this item in accordance with AASB 17.100 (a) Disclosure.                                                                                                                                                                 |\n| -------- | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- |\n| Column 2 | Report the loss-recovery component of assets for remaining coverage for the current reporting period.Report this item in accordance with AASB 17.66B and AASB 17.100 (b) Disclosure.                                                                                                                                                    |\n| Column 3 | For contracts not measured under the Premium Allocation Approach (PAA), report assets for incurred claims for the current reporting period.Report this item in accordance with AASB 17.100 (c) Disclosure.                                                                                                                              |\n| Column 4 | 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.Report this item in accordance with AASB 17.100 (c) (i) Disclosure.                                                                                                     |\n| Column 5 | For contracts measured under PAA, report the risk adjustment for non-financial risk of assets for incurred claims for the current reporting period.Report this item in accordance with AASB 17 Appendix A and AASB 17.100 (c) (ii) Disclosure.                                                                                          |\n| Column 6 | Report assets for insurance acquisition cash flows recognised applying AASB 17 paragraph 28B for the current reporting period.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. |\n| Column 7 | Column 7, total current reporting period, is a derived column and is calculated as the sum of columns 1 to 6.                                                                                                                                                                                                                           |\n\n#### Item 1: Opening reinsurance contract assets\n\n| Item 1 | Report opening reinsurance contract assets.Report this item in accordance with AASB 17 Appendix A and AASB 17.99 (b) Disclosure. |\n| ------ | -------------------------------------------------------------------------------------------------------------------------------- |\n\n#### Item 2: Opening reinsurance contract liabilities\n\n| Item 2 | Report opening reinsurance contract liabilities.Report this item in accordance with AASB 17 Appendix A and AASB 17.99 (b) Disclosure. |\n| ------ | ------------------------------------------------------------------------------------------------------------------------------------- |\n\n#### Item 3: Net balance as at beginning of reporting period\n\n| Item 3 | Item 3, net balance as at beginning of reporting period, is a derived item and is calculated as the sum of item 1 and item 2. |\n| ------ | ----------------------------------------------------------------------------------------------------------------------------- |\n\n### Net income (expenses) from reinsurance contracts held\n\n#### Item 4: Reinsurance expenses: Allocation of premiums paid to the reinsurer\n\n| Item 4 | Report reinsurance expenses: allocation of premiums paid to the reinsurer.It is requested that the entity present this item separately from amounts recoverable from reinsurers reported at items 5 to 7 inclusive.Report this item in accordance with AASB 17.86 and AASB 17.103 (a) Disclosure. |\n| ------ | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- |\n\n#### Item 5: Recoveries of incurred claims and other insurance service expenses\n\n| Item 5 | Report recoveries of incurred claims and other insurance service expenses.Report this item in accordance with AASB 17.103 (b) (i) Disclosure and AASB 17.103 (b) (ii) Disclosure. Report recoveries of amortisation of insurance acquisition cash flows if applicable. |\n| ------ | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- |\n\n#### Item 6: Recoveries and reversals of recoveries of losses on onerous underlying contracts\n\n| Item 6 | Report recoveries and reversals of recoveries of losses on onerous underlying contractsReport this item in accordance with AASB 17.103 (b) (iv) Disclosure. |\n| ------ | ----------------------------------------------------------------------------------------------------------------------------------------------------------- |\n\n#### Item 7: Changes that relate to past service: Changes to assets for incurred claims\n\n| Item 7 | Report changes that relate to past service: Changes to assets for incurred claims.Report this item in accordance with AASB 17.103 (b) (iii) Disclosure. |\n| ------ | ------------------------------------------------------------------------------------------------------------------------------------------------------- |\n\n#### Item 8: Amounts recoverable from reinsurers\n\n| Item 8 | Item 8, amounts recoverable from reinsurers, is a derived item and is calculated as the sum of items 5 to 7 inclusive.Report this item in accordance with AASB 17.86 Disclosure and AASB 17.103 (b) Disclosure. |\n| ------ | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- |\n\n#### Item 9: Investment components and premium refunds\n\n| Item 9 | Report investment components and premium refunds.Report this item in accordance with AASB 17 Appendix A and AASB 17.103 (c) Disclosure.Premium refunds may also be netted against the premiums received as disclosed under AASB 17.105 (a) (i). |\n| ------ | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- |\n\n#### Item 10: Cost of retroactive cover on reinsurance contracts held\n\n| Item 10 | Report cost of retroactive cover on reinsurance contracts held.Report this item in accordance with AASB 17 Appendix A and AASB 17.65A Disclosure.Insurers can either report the cost of retroactive cover on reinsurance contracts held at this item, or include it as part of Item 4 Reinsurance expenses: Allocation of premiums paid to the reinsurer. |\n| ------- | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- |\n\n#### Item 11: Impairment of assets for insurance acquisition cash flows\n\n| Item 11 | Report impairment of assets for insurance acquisition cash flows in accordance with AASB 17 Appendix A, AASB 17.105A and AASB 17.105B Disclosure.Based on the insurer’s interpretation of AASB 17.105A, this item may not apply. |\n| ------- | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- |\n\n#### Item 12: Reversal of impairment of assets for insurance acquisition cash flows\n\n| Item 12 | Report reversal of impairment of assets for insurance acquisition cash flowsReport this item in accordance with AASB 17 Appendix A, AASB 17.105A and AASB 17.105B Disclosure.Based on the insurer’s interpretation of AASB 17.105A, this item may not apply. |\n| ------- | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------ |\n\n#### Item 13: Net income (expenses) from reinsurance contracts held\n\n| Item 13 | Item 13, net income (expenses) from reinsurance contracts held, is a derived item and is calculated as the sum of item 4, and items 8 to 12 inclusive. |\n| ------- | ------------------------------------------------------------------------------------------------------------------------------------------------------ |\n\n#### Item 14: Effect of changes in non-performance risk of reinsurers\n\n| Item 14 | Report effect of changes in non-performance risk of reinsurers.Report this item in accordance with AASB 17.105 (b) Disclosure. |\n| ------- | ------------------------------------------------------------------------------------------------------------------------------ |\n\n#### Item 15: Finance income from reinsurance contracts held\n\n| Item 15 | Report finance income from reinsurance contracts held.Report this item in accordance with AASB 17 Appendix A and AASB 17.105 (c) Disclosure. |\n| ------- | -------------------------------------------------------------------------------------------------------------------------------------------- |\n\n#### Item 16: Effect of movements in exchange rates\n\n| Item 16 | Report effect of movements in exchange rates.Report this item in accordance with AASB 17.105 (d) Disclosure. |\n| ------- | ------------------------------------------------------------------------------------------------------------ |\n\n#### Item 17: Total amounts recognised in the statement of profit or loss and OCI\n\n| Item 17 | Item 17, total amounts recognised in the statement of profit or loss and OCI, is a derived item and is calculated as the sum of items 13 to 16 inclusive. |\n| ------- | --------------------------------------------------------------------------------------------------------------------------------------------------------- |\n\n### Cash flows\n\nReport items 18-21 based on AASB 17.98 and 17.105 (a) requirements.\n\n#### Item 18: Premiums paid\n\n| Item 18 | Report premiums paid.Report this item in accordance with AASB 17.105 (a) (i) Disclosure. |\n| ------- | ---------------------------------------------------------------------------------------- |\n\n#### Item 19: Amounts received\n\n| Item 19 | Report amounts received.Report this item in accordance with AASB 17.105 (a) (iii) Disclosure. |\n| ------- | --------------------------------------------------------------------------------------------- |\n\n#### Item 20: Insurance acquisition cash flows\n\n| Item 20 | Report insurance acquisition cash flows in accordance with AASB 17 Appendix A, AASB 17.105 (a) (ii) Disclosure and AASB 17.105A Disclosure. |\n| ------- | ------------------------------------------------------------------------------------------------------------------------------------------- |\n\n#### Item 21: Total cash flows\n\n| Item 21 | Item 21, total cash flows, is a derived item and is calculated as the sum of items 18 to 20 inclusive. |\n| ------- | ------------------------------------------------------------------------------------------------------ |\n\n#### Items 22-25: Other movements in the net balance\n\n| Item 22 | Report allocation from assets for insurance acquisition cash flows to groups of reinsurance contracts held.Report this item in accordance with AASB 17 Appendix A and AASB 17.105A Disclosure. |\n| ------- | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- |\n| Item 23 | Report other movements in the net balance that are related to acquisitions, disposals, or portfolio transfers.Report this item in accordance with AASB 17.105 (d) Disclosure.                  |\n| Item 24 | Report other movements in the net balance not reported at items 22 and 23.Report this item in accordance with AASB 17.105 (d) Disclosure.                                                      |\n| Item 25 | Item 25, other movements in the net balance, is a derived item and is calculated as the sum of items 22 to 24 inclusive.                                                                       |\n\n#### Item 26: Net balance as at end of reporting period\n\n| Item 26 | Item 26, net balance as at end of reporting period, is a derived item and is calculated as the sum of item 3, item 17, item 21 and item 25. |\n| ------- | ------------------------------------------------------------------------------------------------------------------------------------------- |\n\n#### Item 27: Closing reinsurance contract assets\n\n| Item 27 | Report closing reinsurance contract assets.Report this item in accordance with AASB 17 Appendix A and AASB 17.99 (b) Disclosure. |\n| ------- | -------------------------------------------------------------------------------------------------------------------------------- |\n\n#### Item 28: Closing reinsurance contract liabilities\n\n| Item 28 | Report closing reinsurance contract liabilities.Report this item in accordance with AASB 17 Appendix A and AASB 17.99 (b) Disclosure. |\n| ------- | ------------------------------------------------------------------------------------------------------------------------------------- |\n\n#### Item 29: Net balance as at end of reporting period\n\n| Item 29 | Item 29, net balance as at end of reporting period, is a derived item and is calculated as the sum of item 27 and item 28. |\n| ------- | -------------------------------------------------------------------------------------------------------------------------- |\n\n### Liability Roll Forward 2 – Reconciliation of the measurement components of reinsurance contract balances\n\nFor contracts not measured under the PAA, report the items in the table based on AASB 17.98 and AASB 17.101 requirements to provide separate reconciliations for insurance contracts issued and reinsurance contracts held.\n\nReport zero values for line items if they are not applicable.\n\n| Column 1 | Report estimates of the present value of the future cash flows for the current reporting period.Report this item in accordance with AASB 17.101 (a) Disclosure.           |\n| -------- | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------- |\n| Column 2 | Report the risk adjustment for non-financial risk for the current reporting period.Report this item in accordance with AASB 17 Appendix A and AASB 17.101 (b) Disclosure. |\n| Column 3 | Report the contractual service margin (CSM) for the current reporting period.Report this item in accordance with AASB 17 Appendix A and AASB 17.101 (c) Disclosure.       |\n| Column 4 | Column 4, total current reporting period, is a derived column and is calculated as the sum of columns 1-3.                                                                |\n\n#### Item 1: Opening reinsurance contract assets\n\n| Item 1 | Report opening reinsurance contract assets.Report this item in accordance with AASB 17 Appendix A and AASB 17.99 (b) Disclosure. |\n| ------ | -------------------------------------------------------------------------------------------------------------------------------- |\n\n#### Item 2: Opening reinsurance contract liabilities\n\n| Item 2 | Report opening reinsurance contract liabilities.Report this item in accordance with AASB 17 Appendix A and AASB 17.99 (b) Disclosure. |\n| ------ | ------------------------------------------------------------------------------------------------------------------------------------- |\n\n#### Item 3: Net balance as at beginning of reporting period\n\n| Item 3 | Item 3, net balance as at beginning of reporting period, is a derived item and is calculated as the sum of item 1 and item 2. |\n| ------ | ----------------------------------------------------------------------------------------------------------------------------- |\n\n### Changes in the statement of profit or loss and OCI\n\n#### Items 4-7: Changes that relate to current services\n\n| Item 4 | Report CSM recognised for services received.Report this item in accordance with AASB 17 Appendix A and AASB 17.104 (b) (i) Disclosure.                               |\n| ------ | -------------------------------------------------------------------------------------------------------------------------------------------------------------------- |\n| Item 5 | Report change in risk adjustment for non-financial risk for risk expired.Report this item in accordance with AASB 17 Appendix A and AASB 17.104 (b) (ii) Disclosure. |\n| Item 6 | Report experience adjustments.Report this item in accordance with AASB 17 Appendix A and AASB 17.104 (b) (iii) Disclosure.                                           |\n| Item 7 | Item 7, total changes that relate to current services, is a derived item and is calculated as the sum of items 4 to 6 inclusive.                                     |\n\n#### Items 8-12: Changes that relate to future services\n\n| Item 8  | Report contracts initially recognised in the period.Report this item in accordance with AASB 17.104 (a) (iii) Disclosure.                                                                               |\n| ------- | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- |\n| Item 9  | Report changes in recoveries of losses on onerous underlying contracts that adjust the CSM.Report this item in accordance with AASB 17 Appendix A, AASB 17.105 (d) and AASB 17.66 (ba)–(bb) Disclosure. |\n| Item 10 | Report changes in estimates that adjust the CSM.Report this item in accordance with AASB 17 Appendix A and AASB 17.104 (a) (i) Disclosure.                                                              |\n| Item 11 | Report changes in estimates that relate to losses and reversals of losses on onerous underlying contracts that do not adjust the CSM.Report this item in accordance with AASB 17.104 (a) (ii).          |\n| Item 12 | Item 12, changes that relate to future services, is a derived item and is calculated as the sum of items 8 to 11 inclusive.                                                                             |\n\n#### Item 13: Changes that relate to past services - changes to assets for incurred claims\n\n| Item 13 | Report changes that relate to past services – changes to assets for incurred claims.Report this item in accordance with AASB 17.104 (c) Disclosure. |\n| ------- | --------------------------------------------------------------------------------------------------------------------------------------------------- |\n\n#### Item 14: Net income (expenses) from reinsurance contracts held\n\n| Item 14 | Item 14, net income (expenses) from reinsurance contracts held, is derived and is calculated as the sum of item 7, item 12 and item 13. |\n| ------- | --------------------------------------------------------------------------------------------------------------------------------------- |\n\n#### Item 15: Effect of changes in non-performance risk of reinsurers\n\n| Item 15 | Report effect of changes in non-performance risk of reinsurers.Report this item in accordance with AASB 17.105 (b) Disclosure. |\n| ------- | ------------------------------------------------------------------------------------------------------------------------------ |\n\n#### Item 16: Finance income (expenses) from reinsurance contracts held\n\n| Item 16 | Report finance income (expenses) from reinsurance contracts held.Report this item in accordance with AASB 17 Appendix A and AASB 17.105 (c) Disclosure. |\n| ------- | ------------------------------------------------------------------------------------------------------------------------------------------------------- |\n\n#### Item 17: Effect of movements in exchange rates\n\n| Item 17 | Report the effect of movements in exchange rates.Report this item in accordance with AASB 17.105 (d) Disclosure. |\n| ------- | ---------------------------------------------------------------------------------------------------------------- |\n\n#### Item 18: Total amounts recognised in the statement of profit or loss and OCI\n\n| Item 18 | Item 18, total amounts recognised in the statement of profit or loss and OCI, is a derived item and is calculated as the sum of items 14 to 17 inclusive. |\n| ------- | --------------------------------------------------------------------------------------------------------------------------------------------------------- |\n\n### Cash flows\n\n#### Report items 19-21 based on AASB 17.98 and 17.105 (a) requirements.\n\n#### Item 19: Premiums paid\n\n| Item 19 | Report premiums paid.Report this item in accordance with AASB 17.105 (a) (i) Disclosure. |\n| ------- | ---------------------------------------------------------------------------------------- |\n\n#### Item 20: Amounts received\n\n| Item 20 | Report amounts received.Report this item in accordance with AASB 17.105 (a) (iii) Disclosure. |\n| ------- | --------------------------------------------------------------------------------------------- |\n\n#### Item 21: Total cash flows\n\n| Item 21 | Item 21, total cash flows, is a derived item and is calculated as the sum of item 19 and item 20. |\n| ------- | ------------------------------------------------------------------------------------------------- |\n\n#### Items 22-24: Other movements in the net balance\n\n| Item 22 | Report other movements in the net balance that are related to acquisitions, disposals, or portfolio transfers.Report this item in accordance with AASB 17.105 (d) Disclosure. |\n| ------- | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------- |\n| Item 23 | Report other movements in the net balance not reported at item 22.Report this item in accordance with AASB 17.105 (d) Disclosure.                                             |\n| Item 24 | Item 24, other movements in the net balance, is a derived item and is calculated as the sum of item 22 and item 23.                                                           |\n\n#### Item 25: Net balance as at end of reporting period\n\n| Item 25 | Item 25, net balance as at end of reporting period, is a derived item and is calculated as the sum of item 3, item 18, item 21 and item 24. |\n| ------- | ------------------------------------------------------------------------------------------------------------------------------------------- |\n\n#### Item 26: Closing reinsurance contract assets\n\n| Item 26 | Report closing reinsurance contract assets.Report this item in accordance with AASB 17 Appendix A and AASB 17.99 (b) Disclosure. |\n| ------- | -------------------------------------------------------------------------------------------------------------------------------- |\n\n#### Item 27: Closing reinsurance contract liabilities\n\n| Item 27 | Report closing reinsurance contract liabilities.Report this item in accordance with AASB 17 Appendix A and AASB 17.99 (b) Disclosure. |\n| ------- | ------------------------------------------------------------------------------------------------------------------------------------- |\n\n#### Item 28: Net balance as at end of reporting period\n\n| Item 28 | Item 28, net balance as at end of reporting period, is a derived item and is calculated as the sum of item 26 and item 27. |\n| ------- | -------------------------------------------------------------------------------------------------------------------------- |","sortOrder":107},{"sectionNumber":"Item 19: Premiums paid","sectionType":"subdivision","heading":"Item 19: Premiums paid","content":"#### Item 19: Premiums paid\n\n| Item 19 | Report premiums paid.Report this item in accordance with AASB 17.105 (a) (i) Disclosure. |\n| ------- | ---------------------------------------------------------------------------------------- |","sortOrder":108},{"sectionNumber":"Item 20: Amounts received","sectionType":"subdivision","heading":"Item 20: Amounts received","content":"#### Item 20: Amounts received\n\n| Item 20 | Report amounts received.Report this item in accordance with AASB 17.105 (a) (iii) Disclosure. |\n| ------- | --------------------------------------------------------------------------------------------- |","sortOrder":109},{"sectionNumber":"Items 22-24: Other movements in the net ","sectionType":"subdivision","heading":"Items 22-24: Other movements in the net balance","content":"#### Items 22-24: Other movements in the net balance\n\n| Item 22 | Report other movements in the net balance that are related to acquisitions, disposals, or portfolio transfers.Report this item in accordance with AASB 17.105 (d) Disclosure. |\n| ------- | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------- |\n| Item 23 | Report other movements in the net balance not reported at item 22.Report this item in accordance with AASB 17.105 (d) Disclosure.                                             |\n| Item 24 | Item 24, other movements in the net balance, is a derived item and is calculated as the sum of item 22 and item 23.                                                           |","sortOrder":111},{"sectionNumber":"Item 26: Closing reinsurance contract as","sectionType":"subdivision","heading":"Item 26: Closing reinsurance contract assets","content":"#### Item 26: Closing reinsurance contract assets\n\n| Item 26 | Report closing reinsurance contract assets.Report this item in accordance with AASB 17 Appendix A and AASB 17.99 (b) Disclosure. |\n| ------- | -------------------------------------------------------------------------------------------------------------------------------- |","sortOrder":113},{"sectionNumber":"Item 27: Closing reinsurance contract li","sectionType":"subdivision","heading":"Item 27: Closing reinsurance contract liabilities","content":"#### Item 27: Closing reinsurance contract liabilities\n\n| Item 27 | Report closing reinsurance contract liabilities.Report this item in accordance with AASB 17 Appendix A and AASB 17.99 (b) Disclosure. |\n| ------- | ------------------------------------------------------------------------------------------------------------------------------------- |","sortOrder":114}],"analysis":{"kimi_summary":{"_metrics":{"completionTokens":677},"content_quality":"ok","complexity_score":9,"scope_assessment":{"changed":false,"description":"The legislation appears consistent with its original purpose as a prudential reporting standard for private health insurers. The detailed technical instructions align with implementing AASB 17 Insurance Contracts, which was the stated objective. No significant scope expansion is evident."},"complexity_factors":["Extensive cross-referencing to AASB 17 (the accounting standard for insurance contracts) with over 50 specific paragraph citations","Multiple nested calculation structures with derived items that sum other derived items","Two parallel reporting frameworks: one for insurance contracts issued and one for reinsurance contracts held","Technical accounting concepts requiring specialist knowledge: Contractual Service Margin (CSM), Premium Allocation Approach (PAA), risk adjustment for non-financial risk, loss components","Conditional reporting requirements based on measurement approach (PAA vs. general model)","Interpretation-dependent items where insurers must use their own judgment of AASB 17.105A applicability","Detailed item-by-item instructions spanning 28+ items per table with specific AASB disclosure requirements","Requirement to report zero values for inapplicable items rather than leaving blank","Foreign currency conversion requirements under AASB 121","External audit requirements with specific follow-up obligations for qualified audit reports"],"plain_english_summary":"This APRA reporting standard requires all Australian private health insurers (direct and reinsurance) to submit AASB 17‑based reconciliations and detailed measurements of their insurance contract liabilities — including changes in remaining coverage, incurred claims, future cash flows, risk adjustments and the Contractual Service Margin.  \n\nAPRA uses the data for prudential supervision and capital assessment; reports are electronic, half‑yearly and annual, externally audited, and must be authorised by senior management/boards."},"flash_summary":{"complexity_score":7,"scope_assessment":{"changed":false,"description":"This Reporting Standard is narrowly targeted: it formalises APRA’s collection of the specific AASB 17 reconciliations from private health insurers and prescribes assurance and submission rules. There is no indication in the text that the instrument materially expands APRA’s supervisory remit beyond collecting AASB 17 roll‑forward data and associated audit/corporate governance evidence. The standard does give APRA procedural discretion to vary frequency or content for particular insurers (paragraphs 7 and 16), but that is an operational flexibility rather than a substantive change of scope from the stated objective (paragraph 1)."},"complexity_factors":["Extensive cross-referencing to other instruments: AASB 17 (many paragraphs), HPS 001 definitions and AASB/AUASB standards (paragraphs 17–18 and tables)","Multiple reporting tables and many line items (Parts A and B each contain two roll‑forwards with ~28–29 items and multiple columns)","Conditional logic and exceptions (APRA may vary periods or requirements—paragraphs 7 and 16; items that 'may not apply' depending on insurer interpretation of AASB 17.105A)","Governance and assurance layers: internal quality control (paragraph 10) plus mandatory annual external audit with detailed auditor reporting (paragraphs 11–14)","Timing and frequency rules with APRA discretion and extension mechanism (paragraphs 6–9)","Derived items and prescribed calculations (many items are 'derived' sums of prior items across the tables)","Repetition and duplication in the published text (document contains repeated blocks), increasing navigation and implementation burden","Dependence on insurer accounting judgments (CSM, risk adjustment, PAA vs general measurement) that require professional judgement","Data format and submission method requirement (electronic submission), requiring system changes (paragraph 5)","Interpretation dependence on instruments 'as in force from time to time' (paragraph 18) — ongoing maintenance risk"],"plain_english_summary":"**What this instrument does (mechanically)\n\n- It requires every private health insurer in Australia to submit detailed reconciliations (\"liability roll forwards\") of their insurance contract balances and related items prepared under AASB 17 Insurance Contracts to APRA (the prudential regulator).  The requirement applies for reporting periods ending on or after 1 July 2023 (paragraph 3).\n\n- It prescribes how and when the data must be sent: electronic submission via APRA’s website (or another method APRA notifies) (paragraph 5); normally twice a year (half-year and annual) with fixed deadlines (20 business days after the half-year and by 30 September for annual) but APRA can require different frequencies or dates for particular insurers (paragraphs 6–9). APRA can also grant extensions in writing (paragraph 9).\n\n- It sets content and format rules. The standard lists specific reporting tables and fields aligned to AASB 17 items (for direct business and reinsurance), defines units (whole AUD) and measurement basis (Australian Accounting Standards), and requires zero reporting for non‑applicable lines (general and Part A/B instructions; Liability Roll Forward tables). The detailed items include opening/closing balances, cash flows, insurance revenue and service expenses, measurement components (present value of cash flows, risk adjustment, contractual service margin), and derived totals (Parts A and B).\n\n- It imposes governance and assurance duties: the insurer’s board and senior management must have systems, processes and controls over the data submitted (quality control, paragraph 10); annual submissions must be externally audited and auditor opinion and certification provided by 30 September each year, with additional auditor reporting requirements where a prior year audit was qualified (paragraphs 11–14).\n\n- APRA retains discretionary powers to vary reporting requirements for particular insurers and to change reporting periods, and the Reporting Standard relies on definitions in Prudential Standard HPS 001 and on referenced accounting/auditing standards (paragraphs 16–18).\n\nWho it affects and who pays\n\n- Affects: every entity that meets the statutory definition of a \"private health insurer\" (paragraph 3 and interpretation).  That includes larger and smaller insurers regulated under the Private Health Insurance (Prudential Supervision) Act 2015.\n\n- Who pays: private health insurers bear the costs of preparing the reconciliations, maintaining governance and internal controls, meeting the external audit requirement, and any IT changes needed to submit the data in APRA’s electronic format. Insurers also bear ongoing resource costs where APRA requests more frequent reporting (paragraphs 5–9, 10–14, 16).\n\nWhy APRA says it matters (the instrument’s stated purpose)\n\n- APRA’s stated purpose for collecting the information is prudential supervision, including assessing compliance with capital standards (paragraph 2). The reporting aligns APRA’s data collection with the AASB 17 accounting framework so APRA can evaluate reserves, capital adequacy and insurance liabilities on a consistent basis.\n\nPractical effects, incentives and trade-offs (tested against costs and implementation risks)\n\n- Compliance burden and costs: The standard creates a recurring operational and audit cost. Annual external audit certification (paragraphs 11–14) and the requirement for internal review/board responsibility (paragraph 10) impose nontrivial administrative and assurance costs, particularly for smaller insurers where fixed costs are proportionally larger.\n\n- Timing and uncertainty: APRA’s discretion to change reporting frequency or vary requirements for individual insurers (paragraphs 7 and 16) gives APRA flexibility but increases compliance planning risk for insurers because reporting obligations may be adjusted on a written notice.\n\n- Accounting interpretation risk: many items are reported \"in accordance with AASB 17\" and the instructions flag that some items \"may not apply\" depending on an insurer’s interpretation of AASB 17.105A (several items across Parts A and B). That creates implementation risk where application of AASB 17 is judgmental; insurers will need to document their interpretations to satisfy auditors and APRA.\n\n- Behavioural incentives: providing APRA with detailed AASB 17 reconciliations increases the regulator’s visibility into insurers’ reserving and measurement practices. Insurers therefore have an incentive to ensure conservative, well-documented measurement and governance. The requirement may influence provisioning, capital-management and reporting practices because APRA uses the data for prudential assessment (paragraph 2).\n\n- Concentration of benefits/costs: APRA gains concentrated informational benefits (better supervisory data) while costs are dispersed across all private health insurers. The annual external audit requirement concentrates assurance costs on industry participants (paragraphs 11–14).\n\n- Implementation and opportunity costs: time and budget spent implementing these reporting, control and audit processes will be diverted from other insurer activities (product development, claims processing, competitiveness). The standard specifies electronic submission, derived totals and standard fields, which supports data comparability but requires systems work (paragraphs 4–5 and reporting table instructions).\n\nPrecision and administrative mechanics to watch (implementation risks)\n\n- Heavy cross-referencing to AASB 17 and HPS 001 (interpretation section, paragraphs 17–18) means an insurer’s legal/finance teams must coordinate closely. Where AASB 17 leaves scope for judgement (for example, whether AASB 17.105A applies), APRA flags that some line items may not apply; insurers should expect auditors to examine and document those judgments (Parts A/B instructions and repeated notes).\n\n- The external audit must include program details and a named auditor signature (paragraph 14), and if a prior audit was qualified the auditor must state whether the issues were addressed (paragraph 13). That raises the bar on audit evidence and remediation tracking.\n\nOverall operational picture in one sentence\n\n- The instrument standardises APRA’s collection of AASB 17–based liability and reinsurance reconciliations from all private health insurers, enforces governance and external assurance, and gives APRA scope to tailor frequency and content — transferring the cost of detailed, audited supervisory data onto insurers while raising their compliance and interpretation workload (see paragraphs 2–16, Parts A and B)."},"flash_summary_failed":{"failed":true,"reason":"A positive credit balance is required for all requests, including BYOK, so fallback providers remain available. Add credits at https://vercel.com/d?to=%2F%5Bteam%5D%2F%7E%2Fai%3Fmodal%3Dtop-up to continue.","source":"analysis-cron"}},"importantCases":[],"_links":{"self":"/api/acts/financial-sector-collection-of-data-reporting-standard-determination-no-110-of-2023","history":"/api/acts/financial-sector-collection-of-data-reporting-standard-determination-no-110-of-2023/history","analysis":"/api/acts/financial-sector-collection-of-data-reporting-standard-determination-no-110-of-2023/analysis","conflicts":"/api/acts/financial-sector-collection-of-data-reporting-standard-determination-no-110-of-2023/conflicts","importantCases":"/api/acts/financial-sector-collection-of-data-reporting-standard-determination-no-110-of-2023/important-cases","documents":"/api/acts/financial-sector-collection-of-data-reporting-standard-determination-no-110-of-2023/documents"}}