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Financial Sector (Collection of Data) (reporting standard) determination No. 93 of 2023
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| Expected reinsurance recoveries | This is the amount due to an insurer, or to an entity that carries on international business within a Level 2 insurance group, from a reinsurer that arises from the recognition of premiums liabilities referred to in the GI Prudential Standards (including GPS 340). This is distinguished from reinsurance recoverables. The value of premiums ceded to reinsurers which are determined in accordance with GPS 340 and deferred in accordance with the pattern of reinsurance service received as per GPS 340. |
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