example20b
2021-06-30
ifrs-full:InsuranceContractsIssuedMember
ifrs-full:NetLiabilitiesOrAssetsForRemainingCoverageExcludingLossComponentMember
example20b
2021-12-31
ifrs-full:InsuranceContractsIssuedMember
ifrs-full:NetLiabilitiesOrAssetsForRemainingCoverageExcludingLossComponentMember
example20b
2021-07-01
2021-12-31
ifrs-full:InsuranceContractsIssuedMember
ifrs-full:NetLiabilitiesOrAssetsForRemainingCoverageExcludingLossComponentMember
example20b
2022-06-30
example20b
2022-01-01
2022-06-30
example20b
2022-07-01
2022-12-31
example20b
2022-01-01
2022-06-30
ifrs-full:InsuranceContractsIssuedMember
ifrs-full:NetLiabilitiesOrAssetsForRemainingCoverageExcludingLossComponentMember
example20b
2022-06-30
ifrs-full:InsuranceContractsIssuedMember
ifrs-full:NetLiabilitiesOrAssetsForRemainingCoverageExcludingLossComponentMember
example20b
2022-07-01
2022-12-31
ifrs-full:InsuranceContractsIssuedMember
ifrs-full:NetLiabilitiesOrAssetsForRemainingCoverageExcludingLossComponentMember
example20b
2022-12-31
ifrs-full:InsuranceContractsIssuedMember
ifrs-full:NetLiabilitiesOrAssetsForRemainingCoverageExcludingLossComponentMember
example20b
2021-06-30
ifrs-full:InsuranceContractsIssuedMember
ifrs-full:LiabilitiesForIncurredClaimsMember
example20b
2021-07-01
2021-12-31
ifrs-full:InsuranceContractsIssuedMember
ifrs-full:LiabilitiesForIncurredClaimsMember
example20b
2021-12-31
ifrs-full:InsuranceContractsIssuedMember
ifrs-full:LiabilitiesForIncurredClaimsMember
example20b
2022-01-01
2022-06-30
ifrs-full:InsuranceContractsIssuedMember
ifrs-full:LiabilitiesForIncurredClaimsMember
example20b
2022-06-30
ifrs-full:InsuranceContractsIssuedMember
ifrs-full:LiabilitiesForIncurredClaimsMember
example20b
2022-07-01
2022-12-31
ifrs-full:InsuranceContractsIssuedMember
ifrs-full:LiabilitiesForIncurredClaimsMember
example20b
2022-12-31
ifrs-full:InsuranceContractsIssuedMember
ifrs-full:LiabilitiesForIncurredClaimsMember
example20b
2021-06-30
ifrs-full:InsuranceContractsIssuedMember
ifrs-full:InsuranceContractsToWhichPremiumAllocationApproachHasBeenAppliedMember
ifrs-full:EstimatesOfPresentValueOfFutureCashFlowsMember
ifrs-full:LiabilitiesForIncurredClaimsMember
example20b
2021-06-30
ifrs-full:InsuranceContractsIssuedMember
ifrs-full:InsuranceContractsToWhichPremiumAllocationApproachHasBeenAppliedMember
ifrs-full:RiskAdjustmentForNonfinancialRiskMember
ifrs-full:LiabilitiesForIncurredClaimsMember
example20b
2021-07-01
2021-12-31
ifrs-full:InsuranceContractsIssuedMember
ifrs-full:InsuranceContractsToWhichPremiumAllocationApproachHasBeenAppliedMember
ifrs-full:EstimatesOfPresentValueOfFutureCashFlowsMember
ifrs-full:LiabilitiesForIncurredClaimsMember
example20b
2021-07-01
2021-12-31
ifrs-full:InsuranceContractsIssuedMember
ifrs-full:InsuranceContractsToWhichPremiumAllocationApproachHasBeenAppliedMember
ifrs-full:RiskAdjustmentForNonfinancialRiskMember
ifrs-full:LiabilitiesForIncurredClaimsMember
example20b
2021-12-31
ifrs-full:InsuranceContractsIssuedMember
ifrs-full:InsuranceContractsToWhichPremiumAllocationApproachHasBeenAppliedMember
ifrs-full:EstimatesOfPresentValueOfFutureCashFlowsMember
ifrs-full:LiabilitiesForIncurredClaimsMember
example20b
2021-12-31
ifrs-full:InsuranceContractsIssuedMember
ifrs-full:InsuranceContractsToWhichPremiumAllocationApproachHasBeenAppliedMember
ifrs-full:RiskAdjustmentForNonfinancialRiskMember
ifrs-full:LiabilitiesForIncurredClaimsMember
example20b
2022-01-01
2022-06-30
ifrs-full:InsuranceContractsIssuedMember
ifrs-full:InsuranceContractsToWhichPremiumAllocationApproachHasBeenAppliedMember
ifrs-full:EstimatesOfPresentValueOfFutureCashFlowsMember
ifrs-full:LiabilitiesForIncurredClaimsMember
example20b
2022-01-01
2022-06-30
ifrs-full:InsuranceContractsIssuedMember
ifrs-full:InsuranceContractsToWhichPremiumAllocationApproachHasBeenAppliedMember
ifrs-full:RiskAdjustmentForNonfinancialRiskMember
ifrs-full:LiabilitiesForIncurredClaimsMember
example20b
2022-06-30
ifrs-full:InsuranceContractsIssuedMember
ifrs-full:InsuranceContractsToWhichPremiumAllocationApproachHasBeenAppliedMember
ifrs-full:EstimatesOfPresentValueOfFutureCashFlowsMember
ifrs-full:LiabilitiesForIncurredClaimsMember
example20b
2022-06-30
ifrs-full:InsuranceContractsIssuedMember
ifrs-full:InsuranceContractsToWhichPremiumAllocationApproachHasBeenAppliedMember
ifrs-full:RiskAdjustmentForNonfinancialRiskMember
ifrs-full:LiabilitiesForIncurredClaimsMember
example20b
2022-07-01
2022-12-31
ifrs-full:InsuranceContractsIssuedMember
ifrs-full:InsuranceContractsToWhichPremiumAllocationApproachHasBeenAppliedMember
ifrs-full:EstimatesOfPresentValueOfFutureCashFlowsMember
ifrs-full:LiabilitiesForIncurredClaimsMember
example20b
2022-07-01
2022-12-31
ifrs-full:InsuranceContractsIssuedMember
ifrs-full:InsuranceContractsToWhichPremiumAllocationApproachHasBeenAppliedMember
ifrs-full:RiskAdjustmentForNonfinancialRiskMember
ifrs-full:LiabilitiesForIncurredClaimsMember
example20b
2022-12-31
ifrs-full:InsuranceContractsIssuedMember
ifrs-full:InsuranceContractsToWhichPremiumAllocationApproachHasBeenAppliedMember
ifrs-full:EstimatesOfPresentValueOfFutureCashFlowsMember
ifrs-full:LiabilitiesForIncurredClaimsMember
example20b
2022-12-31
ifrs-full:InsuranceContractsIssuedMember
ifrs-full:InsuranceContractsToWhichPremiumAllocationApproachHasBeenAppliedMember
ifrs-full:RiskAdjustmentForNonfinancialRiskMember
ifrs-full:LiabilitiesForIncurredClaimsMember
iso4217:GBP
IFRS 17 Insurance Contracts
Illustrative Examples
This document presents a selection of disclosures from the Illustrative Examples accompanying IFRS 17, to illustrate possible tagging using the IFRS Taxonomy. This document is not intended to provide interpretative guidance.
A possible format of the reconciliation required by paragraph 100 of IFRS 17 when an entity uses the premium allocation approach is as follows:
|
Dec 20x1
|
Dec 20x1
|
|
Jun 20x2
|
Jun 20x2
|
|
Dec 20x2
|
Dec 20x2
|
|
|
CU
|
CU
|
|
CU
|
CU
|
|
CU
|
CU
|
|
Liability for remaining coverage
|
|
|
|
|
|
|
|
|
|
Opening balance
|
|
-
|
|
|
488
|
|
|
-
|
|
Cash inflows
|
|
1,220
|
|
|
-
|
|
|
-
|
|
Insurance revenue
|
|
(732)
|
|
|
(488)
|
|
|
-
|
|
Closing balance
|
|
488
|
|
|
-
|
|
|
-
|
|
Liability for incurred claims
|
|
|
|
|
|
|
|
|
|
Estimates of the present value of future cash flows
|
-
|
|
|
600
|
|
|
1,000
|
|
|
Risk adjustment for non-financial risk
|
-
|
|
|
36
|
|
|
60
|
|
|
Opening balance
|
|
-
|
|
|
636
|
|
|
1,060
|
|
Estimates of the present value of future cash flows
|
600
|
|
|
400
|
|
|
70
|
|
|
Risk adjustment for non-financial risk
|
36
|
|
|
24
|
|
|
(60)
|
|
|
Insurance service expenses
|
|
636
|
|
|
424
|
|
|
10
|
|
Estimates of the present value of future cash flows
|
-
|
|
|
-
|
|
|
(1,070)
|
|
|
Cash outflows
|
|
-
|
|
|
-
|
|
|
(1,070)
|
|
Closing balance
|
|
636
|
|
|
1,060
|
|
|
-
|
|
|
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