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Financial Sector (Collection of Data) (reporting standard) determination No. 68 of 2023
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| Non-reinsurance recoveries receivable | This is the value of non-reinsurance recoveries on paid claims.Non-reinsurance recoveries receivable is netted against insurance contract liabilities or added to insurance contract assets under AASB 17 Insurance Contracts.This must exclude any amount already allowed in insurance liabilities determined under GPS 340 to avoid double counting. |
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