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Financial Sector (Collection of Data) (reporting standard) determination No. 121 of 2023
21Assets for insurance acquisition cash flows
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Assets for insurance acquisition cash fl Assets for insurance acquisition cash flows
Any assets recognised for insurance acquisition cash flows paid under AASB 17.28B (pre-coverage or relating to renewals) are included as part of the carrying amount of the related portfolios of insurance contracts issued (in accordance with AASB 17.79). Similarly, any assets or liabilities for cash flows related to portfolios of reinsurance contracts held are reported in accordance with AASB 17.79.