4All references in AASB 17 to insurance contracts also apply to:

4 All references in AASB 17 to insurance contracts also apply to:
(a) reinsurance contracts held, except:
(i) for references to insurance contracts issued; and
(ii) as described in paragraphs 60–70A.
(b) investment contracts with discretionary participation features as set out in paragraph 3(c), except for the reference to insurance contracts in paragraph 3(c) and as described in paragraph 71.
5 All references in AASB 17 to insurance contracts issued also apply to insurance contracts acquired by the entity in a transfer of insurance contracts or a business combination other than reinsurance contracts held.
6 Appendix A defines an insurance contract and paragraphs B2–B30 of Appendix B provide guidance on the definition of an insurance contract.