CTHIn ForceLegislation
Health Insurance (prudential standard) determination No. 2 of 2024
MaterialityMateriality
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Materiality
- A private health insurer may take into account materiality when calculating its capital base and prescribed capital amount or the capital base and prescribed capital amount of each of its funds. Particular values or components are considered material to the overall result of a calculation if misstating or omitting them would produce results likely to be misleading to the users of the information.