IntroductionIntroduction

Introduction

This form captures information on the reporting an insurer’s interest in controlled entities and joint venture entities and joint venture operations.

Audit requirements

The information provided under the form is not required to be audited and has been exempted from the definition of ‘yearly statutory accounts’.

Reporting entities

Forms are to be completed for the following reporting entities where appropriate:

1. Authorised insurance entities (including mutuals); and
2. Authorised reinsurance entities.

Unit of measurement

This form is to be presented in Australian currency, rounded to thousands of dollars, with no decimal place. As a general rule, amounts denominated in foreign currency are to be converted to AUD in accordance with the requirements of the Australian accounting standards, notably AASB 1012 ‘Foreign Currency Translation’.