The disclosures required in AASB 1023 in relation to liabilities for outstanding claims include:

Question

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AASB 1023 requires all of the given disclosures in relation to liabilities for outstanding claims, including the percentage margin adopted in determining the outstanding claims liability, the component related to the risk margin, and the central estimate of the expected present value of future payments for claims incurred.

The Disclosures Required in AASB 1023 in Relation to Liabilities