CTHRepealedLegislation
Financial Sector (Collection of Data) determination No. 23 of 2005
6. Expected Reinsurance Recoveries6. Expected Reinsurance Recoveries
Start here
Get a plain-English read of 6. Expected Reinsurance Recoveries
Turn the raw legal text into a practical explanation grounded in Financial Sector (Collection of Data) determination No. 23 of 2005.
6. Expected Reinsurance Recoveries
“Expected reinsurance recoveries” is the term used to describe the value of potential future liabilities recognised as “Premium Liabilities” (in accordance with GPS 210 Liability Valuation for General Insurers) that are expected to be recovered under reinsurance contracts.
Report the value of Expected Reinsurance Recoveries that is attributable to the respective countries listed.