100An entity shall disclose reconciliations from the opening to the closing balances separately for each of:

100 An entity shall disclose reconciliations from the opening to the closing balances separately for each of:
(a) the net liabilities (or assets) for the remaining coverage component, excluding any loss component.
(b) any loss component (see paragraphs 47–52 and 57–58).
(c) the liabilities for incurred claims. For insurance contracts to which the premium allocation approach described in paragraphs 53–59 or 69–70A has been applied, an entity shall disclose separate reconciliations for:
(i) the estimates of the present value of the future cash flows; and
(ii) the risk adjustment for non-financial risk.
101 For insurance contracts other than those to which the premium allocation approach described in paragraphs 53–59 or 69–70A has been applied, an entity shall also disclose reconciliations from the opening to the closing balances separately for each of:
(a) the estimates of the present value of the future cash flows;
(b) the risk adjustment for non-financial risk; and
(c) the contractual service margin.
102 The objective of the reconciliations in paragraphs 100–101 is to provide different types of information about the insurance service result.
103 An entity shall separately disclose in the reconciliations required in paragraph 100 each of the following amounts related to services, if applicable:
(a) insurance revenue.
(b) insurance service expenses, showing separately:
(i) incurred claims (excluding investment components) and other incurred insurance service expenses;
(ii) amortisation of insurance acquisition cash flows;
(iii) changes that relate to past service, ie changes in fulfilment cash flows relating to the liability for incurred claims; and
(iv) changes that relate to future service, ie losses on onerous groups of contracts and reversals of such losses.
(c) investment components excluded from insurance revenue and insurance service expenses (combined with refunds of premiums unless refunds of premiums are presented as part of the cash flows in the period described in paragraph 105(a)(i)).
104 An entity shall separately disclose in the reconciliations required in paragraph 101 each of the following amounts related to services, if applicable:
(a) changes that relate to future service, applying paragraphs B96–B118, showing separately:
(i) changes in estimates that adjust the contractual service margin;
(ii) changes in estimates that do not adjust the contractual service margin, ie losses on groups of onerous contracts and reversals of such losses; and
(iii) the effects of contracts initially recognised in the period.
(b) changes that relate to current service, ie:
(i) the amount of the contractual service margin recognised in profit or loss to reflect the transfer of services;
(ii) the change in the risk adjustment for non-financial risk that does not relate to future service or past service; and
(iii) experience adjustments (see paragraphs B97(c) and B113(a)), excluding amounts relating to the risk adjustment for non-financial risk included in (ii).
(c) changes that relate to past service, ie changes in fulfilment cash flows relating to incurred claims (see paragraphs B97(b) and B113(a)).
105 To complete the reconciliations in paragraphs 100–101, an entity shall also disclose separately each of the following amounts not related to services provided in the period, if applicable:
(a) cash flows in the period, including:
(i) premiums received for insurance contracts issued (or paid for reinsurance contracts held);
(ii) insurance acquisition cash flows; and
(iii) incurred claims paid and other insurance service expenses paid for insurance contracts issued (or recovered under reinsurance contracts held), excluding insurance acquisition cash flows.
(b) the effect of changes in the risk of non-performance by the issuer of reinsurance contracts held;
(c) insurance finance income or expenses; and
(d) any additional line items that may be necessary to understand the change in the net carrying amount of the insurance contracts.
105A An entity shall disclose a reconciliation from the opening to the closing balance of assets for insurance acquisition cash flows recognised applying paragraph 28B. An entity shall aggregate information for the reconciliation at a level that is consistent with that for the reconciliation of insurance contracts, applying paragraph 98.
105B An entity shall separately disclose in the reconciliation required by paragraph 105A any impairment losses and reversals of impairment losses recognised applying paragraph 28E–28F.
106 For insurance contracts issued other than those to which the premium allocation approach described in paragraphs 53–59 has been applied, an entity shall disclose an analysis of the insurance revenue recognised in the period comprising:
(a) the amounts relating to the changes in the liability for remaining coverage as specified in paragraph B124, separately disclosing:
(i) the insurance service expenses incurred during the period as specified in paragraph B124(a);
(ii) the change in the risk adjustment for non-financial risk, as specified in paragraph B124(b);
(iii) the amount of the contractual service margin recognised in profit or loss because of the transfer of insurance contract services in the period, as specified in paragraph B124(c); and
(iv) other amounts, if any, for example, experience adjustments for premium receipts other than those that relate to future service as specified in paragraph B124(d).
(b) the allocation of the portion of the premiums that relate to the recovery of insurance acquisition cash flows (see paragraph B125).
107 For insurance contracts other than those to which the premium allocation approach described in paragraphs 53–59 or 69–70A has been applied, an entity shall disclose the effect on the statement of financial position separately for insurance contracts issued and reinsurance contracts held that are initially recognised in the period, showing their effect at initial recognition on:
(a) the estimates of the present value of future cash outflows, showing separately the amount of the insurance acquisition cash flows;
(b) the estimates of the present value of future cash inflows;
(c) the risk adjustment for non-financial risk; and
(d) the contractual service margin.