The financial statements shall disclose in relation to the outstanding claims liability the component related to the risk margin.
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Q3: In AASB 1023 General Insurance Contracts all
Q4: The present value of claim liabilities will
Q5: Unclosed business is defined as business written
Q6: Under AASB 1023 a general insurer must
Q7: At present there are three AASB standards
Q9: Outstanding claims should be recognised as liabilities,as
Q10: In AASB 1023 General Insurance Contracts,premium that
Q11: Part of the insurance premium is a
Q12: General insurance refers to the provision of
Q13: Under AASB 1023 general insurers are to
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