IFRS Disclosure Guide

49. Notes - Insurance contracts (IFRS 17)

Disclosure of insurance contracts

 Year 2019
Insurance service result 
Insurance service expenses from insurance contracts issued 
Insurance revenue 
Income (expenses) from reinsurance contracts held, other than finance income (expenses) 
Income from amounts recovered from reinsurer 
Expenses from allocation of premiums paid to reinsurer 
Income (expenses) from reinsurance contracts held, other than finance income (expenses){"IncomeFromAmountsRecoveredFromReinsurer":"1","ExpensesFromAllocationOfPremiumsPaidToReinsurer":"-1"}real[] 
Total insurance service result{"InsuranceRevenue":"1","InsuranceServiceExpensesFromInsuranceContractsIssued":"-1","IncomeExpensesFromReinsuranceContractsHeldOtherThanFinanceIncomeExpenses":"1"}real["IncomeExpensesFromReinsuranceContractsHeldOtherThanFinanceIncomeExpenses"] 
Additional information about insurance contracts
Description of criteria satisfied when using premium allocation approach
Description of whether entity makes adjustment for time value of money and effect of financial risk when using premium allocation approach
Description of method to recognise insurance acquisition cash flows when using premium allocation approach

Disclosure of reconciliation of changes in insurance contracts by remaining coverage and incurred claims
 
Disaggregation of insurance contractsnoneInsurance contracts by remaining coverage and incurred claimsnoneInsurance contracts by componentsnoneInsurance contractsnone
Insurance contracts issuednoneReinsurance contracts heldnoneNet liabilities or assets for remaining coverage excluding loss componentnoneLoss componentnoneLiabilities for incurred claimsnoneEstimates of present value of future cash flowsnoneRisk adjustment for non-financial risknoneContractual service marginnoneInsurance contracts to which premium allocation approach has been appliednoneInsurance contracts other than those to which premium allocation approach has been appliednone
Estimates of present value of future cash outflowsnoneEstimates of present value of future cash inflowsnoneContractual service margin related to contracts that existed at transition date to which modified retrospective approach has been appliedfiction_totalsContractual service margin related to contracts that existed at transition date to which fair value approach has been appliedfiction_totalsContractual service margin not related to contracts that existed at transition date to which modified retrospective approach or fair value approach has been appliedfiction_totalsTotal for Contractual service margin{"ContractualServiceMarginRelatedToContractsThatExistedAtTransitionDateToWhichModifiedRetrospectiveApproachHasBeenAppliedMember":-1,"ContractualServiceMarginRelatedToContractsThatExistedAtTransitionDateToWhichFairValueApproachHasBeenAppliedMember":-1,"ContractualServiceMarginNotRelatedToContractsThatExistedAtTransitionDateToWhichModifiedRetrospectiveApproachOrFairValueApproachHasBeenAppliedMember":-1}fiction_totals[]
Estimates of present value of insurance acquisition cash flowsnoneEstimates of present value of future cash outflows other than insurance acquisition cash flowsnone
For the year 2019: 
Changes in insurance contracts for reconciliation by remaining coverage and incurred claims 
Increase (decrease) through insurance service result for reconciliation by remaining coverage and incurred claims, insurance contracts liability (asset) 
Increase (decrease) through insurance revenue, insurance contracts liability (asset) 
Increase (decrease) through insurance revenue related to contracts that existed at transition date to which modified retrospective approach has been applied, insurance contracts liability (asset)           ContractualServiceMarginMember_1t    
Increase (decrease) through insurance revenue related to contracts that existed at transition date to which fair value approach has been applied, insurance contracts liability (asset)           ContractualServiceMarginMember_1t    
Increase (decrease) through insurance revenue not related to contracts that existed at transition date to which modified retrospective approach or fair value approach has been applied, insurance contracts liability (asset)           ContractualServiceMarginMember_1t    
Total increase (decrease) through insurance revenue, insurance contracts liability (asset){"IncreaseDecreaseThroughInsuranceRevenueRelatedToContractsThatExistedAtTransitionDateToWhichModifiedRetrospectiveApproachHasBeenAppliedInsuranceContractsLiabilityAsset":"1","IncreaseDecreaseThroughInsuranceRevenueRelatedToContractsThatExistedAtTransitionDateToWhichFairValueApproachHasBeenAppliedInsuranceContractsLiabilityAsset":"1","IncreaseDecreaseThroughInsuranceRevenueNotRelatedToContractsThatExistedAtTransitionDateToWhichModifiedRetrospectiveApproachOrFairValueApproachHasBeenAppliedInsuranceContractsLiabilityAsset":"1"}real[]               
Increase (decrease) through insurance service expenses, insurance contracts liability (asset) 
Increase (decrease) through incurred claims and other incurred insurance service expenses, insurance contracts liability (asset)           ContractualServiceMarginMember_1t    
Increase (decrease) through amortisation of insurance acquisition cash flows, insurance contracts liability (asset)           ContractualServiceMarginMember_1t    
Increase (decrease) through changes that relate to past service, insurance contracts liability (asset)           ContractualServiceMarginMember_1t    
Increase (decrease) through changes that relate to future service, insurance contracts liability (asset)           ContractualServiceMarginMember_1t    
Total increase (decrease) through insurance service expenses, insurance contracts liability (asset){"IncreaseDecreaseThroughIncurredClaimsAndOtherIncurredInsuranceServiceExpensesInsuranceContractsLiabilityAsset":"1","IncreaseDecreaseThroughAmortisationOfInsuranceAcquisitionCashFlowsInsuranceContractsLiabilityAsset":"1","IncreaseDecreaseThroughChangesThatRelateToPastServiceInsuranceContractsLiabilityAsset":"1","IncreaseDecreaseThroughChangesThatRelateToFutureServiceInsuranceContractsLiabilityAsset":"1"}real[]               
Increase (decrease) through investment components excluded from insurance revenue and insurance service expenses, insurance contracts liability (asset)           ContractualServiceMarginMember_1t    
Total increase (decrease) through insurance service result, insurance contracts liability (asset){"IncreaseDecreaseThroughInsuranceRevenueInsuranceContractsLiabilityAsset":"1","IncreaseDecreaseThroughInsuranceServiceExpensesInsuranceContractsLiabilityAsset":"1","IncreaseDecreaseThroughInvestmentComponentsExcludedFromInsuranceRevenueAndInsuranceServiceExpensesInsuranceContractsLiabilityAsset":"1"}real["IncreaseDecreaseThroughInsuranceRevenueInsuranceContractsLiabilityAsset","IncreaseDecreaseThroughInsuranceServiceExpensesInsuranceContractsLiabilityAsset"]               
Increase (decrease) through cash flows, insurance contracts liability (asset) 
Increase (decrease) through premiums received for insurance contracts issued, insurance contracts liability (asset)           ContractualServiceMarginMember_1t    
Increase (decrease) through premiums paid for reinsurance contracts held, insurance contracts liability (asset)           ContractualServiceMarginMember_1t    
Increase (decrease) through insurance acquisition cash flows, insurance contracts liability (asset)           ContractualServiceMarginMember_1t    
Increase (decrease) through incurred claims paid and other insurance service expenses paid for insurance contracts issued excluding insurance acquisition cash flows, insurance contracts liability (asset)           ContractualServiceMarginMember_1t    
Increase (decrease) through incurred claims recovered and other insurance service expenses recovered under reinsurance contracts held, insurance contracts liability (asset)           ContractualServiceMarginMember_1t    
Total increase (decrease) through cash flows, insurance contracts liability (asset){"IncreaseDecreaseThroughPremiumsReceivedForInsuranceContractsIssuedInsuranceContractsLiabilityAsset":"1","IncreaseDecreaseThroughPremiumsPaidForReinsuranceContractsHeldInsuranceContractsLiabilityAsset":"1","IncreaseDecreaseThroughInsuranceAcquisitionCashFlowsInsuranceContractsLiabilityAsset":"1","IncreaseDecreaseThroughIncurredClaimsPaidAndOtherInsuranceServiceExpensesPaidForInsuranceContractsIssuedExcludingInsuranceAcquisitionCashFlowsInsuranceContractsLiabilityAsset":"1","IncreaseDecreaseThroughIncurredClaimsRecoveredAndOtherInsuranceServiceExpensesRecoveredUnderReinsuranceContractsHeldInsuranceContractsLiabilityAsset":"1"}real[]               
Increase (decrease) through effect of changes in risk of non-performance by issuer of reinsurance contracts held, insurance contracts liability (asset)           ContractualServiceMarginMember_1t    
Increase (decrease) through insurance finance income or expenses, insurance contracts liability (asset)           ContractualServiceMarginMember_1t    
Increase (decrease) through additional items necessary to understand change, insurance contracts liability (asset)           ContractualServiceMarginMember_1t    
Total increase (decrease) in insurance contracts liability (asset){"IncreaseDecreaseThroughInsuranceServiceResultInsuranceContractsLiabilityAsset":"1","IncreaseDecreaseThroughCashFlowsInsuranceContractsLiabilityAsset":"1","IncreaseDecreaseThroughEffectOfChangesInRiskOfNonperformanceByIssuerOfReinsuranceContractsHeldInsuranceContractsLiabilityAsset":"1","IncreaseDecreaseThroughInsuranceFinanceIncomeOrExpensesInsuranceContractsLiabilityAsset":"1","IncreaseDecreaseThroughAdditionalItemsNecessaryToUnderstandChangeInsuranceContractsLiabilityAsset":"1"}real{"2":"IncreaseDecreaseThroughInsuranceServiceResultInsuranceContractsLiabilityAsset","3":"IncreaseDecreaseThroughCashFlowsInsuranceContractsLiabilityAsset"}               
At 31.12.2019: 
Insurance contracts liability (asset)           ContractualServiceMarginMember_1t    
Insurance contracts that are assets           ContractualServiceMarginMember_1t    
Insurance contracts that are liabilities           ContractualServiceMarginMember_1t    

Disclosure of reconciliation of changes in insurance contracts by components
 
Disaggregation of insurance contractsnoneInsurance contracts by componentsnoneInsurance contractsnone
Insurance contracts issuednoneReinsurance contracts heldnoneEstimates of present value of future cash flowsnoneRisk adjustment for non-financial risknoneContractual service marginnoneInsurance contracts to which premium allocation approach has been appliednoneInsurance contracts other than those to which premium allocation approach has been appliednone
Estimates of present value of future cash outflowsnoneEstimates of present value of future cash inflowsnoneContractual service margin related to contracts that existed at transition date to which modified retrospective approach has been appliedfiction_totalsContractual service margin related to contracts that existed at transition date to which fair value approach has been appliedfiction_totalsContractual service margin not related to contracts that existed at transition date to which modified retrospective approach or fair value approach has been appliedfiction_totalsTotal for Contractual service margin{"ContractualServiceMarginRelatedToContractsThatExistedAtTransitionDateToWhichModifiedRetrospectiveApproachHasBeenAppliedMember":-1,"ContractualServiceMarginRelatedToContractsThatExistedAtTransitionDateToWhichFairValueApproachHasBeenAppliedMember":-1,"ContractualServiceMarginNotRelatedToContractsThatExistedAtTransitionDateToWhichModifiedRetrospectiveApproachOrFairValueApproachHasBeenAppliedMember":-1}fiction_totals[]
Estimates of present value of insurance acquisition cash flowsnoneEstimates of present value of future cash outflows other than insurance acquisition cash flowsnone
For the year 2019: 
Changes in insurance contracts for reconciliation by components 
Increase (decrease) through insurance service result for reconciliation by components, insurance contracts liability (asset) 
Increase (decrease) through changes that relate to future service, insurance contracts liability (asset) 
Increase (decrease) through changes in estimates that adjust contractual service margin, insurance contracts liability (asset)        ContractualServiceMarginMember_2t    
Increase (decrease) through changes in estimates that do not adjust contractual service margin, insurance contracts liability (asset)        ContractualServiceMarginMember_2t    
Increase (decrease) through effects of contracts initially recognised in period, insurance contracts liability (asset)        ContractualServiceMarginMember_2t    
Total increase (decrease) through changes that relate to future service, insurance contracts liability (asset){"IncreaseDecreaseThroughChangesInEstimatesThatAdjustContractualServiceMarginInsuranceContractsLiabilityAsset":"1","IncreaseDecreaseThroughChangesInEstimatesThatDoNotAdjustContractualServiceMarginInsuranceContractsLiabilityAsset":"1","IncreaseDecreaseThroughEffectsOfContractsInitiallyRecognisedInPeriodInsuranceContractsLiabilityAsset":"1"}real[]            
Increase (decrease) through changes that relate to current service, insurance contracts liability (asset) 
Increase (decrease) through recognition of contractual service margin in profit or loss to reflect transfer of services, insurance contracts liability (asset)        ContractualServiceMarginMember_2t    
Increase (decrease) through change in risk adjustment for non-financial risk that does not relate to future or past service, insurance contracts liability (asset)        ContractualServiceMarginMember_2t    
Increase (decrease) through experience adjustments, insurance contracts liability (asset)        ContractualServiceMarginMember_2t    
Total increase (decrease) through changes that relate to current service, insurance contracts liability (asset){"IncreaseDecreaseThroughRecognitionOfContractualServiceMarginInProfitOrLossToReflectTransferOfServicesInsuranceContractsLiabilityAsset":"1","IncreaseDecreaseThroughChangeInRiskAdjustmentForNonfinancialRiskThatDoesNotRelateToFutureOrPastServiceInsuranceContractsLiabilityAsset":"1","IncreaseDecreaseThroughExperienceAdjustmentsInsuranceContractsLiabilityAsset":"1"}real[]            
Increase (decrease) through changes that relate to past service, insurance contracts liability (asset)        ContractualServiceMarginMember_2t    
Total increase (decrease) through insurance service result, insurance contracts liability (asset){"IncreaseDecreaseThroughChangesThatRelateToFutureServiceInsuranceContractsLiabilityAsset":"1","IncreaseDecreaseThroughChangesThatRelateToCurrentServiceInsuranceContractsLiabilityAsset":"1","IncreaseDecreaseThroughChangesThatRelateToPastServiceInsuranceContractsLiabilityAsset":"1"}real["IncreaseDecreaseThroughChangesThatRelateToFutureServiceInsuranceContractsLiabilityAsset","IncreaseDecreaseThroughChangesThatRelateToCurrentServiceInsuranceContractsLiabilityAsset"]            
Increase (decrease) through cash flows, insurance contracts liability (asset) 
Increase (decrease) through premiums received for insurance contracts issued, insurance contracts liability (asset)        ContractualServiceMarginMember_2t    
Increase (decrease) through premiums paid for reinsurance contracts held, insurance contracts liability (asset)        ContractualServiceMarginMember_2t    
Increase (decrease) through insurance acquisition cash flows, insurance contracts liability (asset)        ContractualServiceMarginMember_2t    
Increase (decrease) through incurred claims paid and other insurance service expenses paid for insurance contracts issued excluding insurance acquisition cash flows, insurance contracts liability (asset)        ContractualServiceMarginMember_2t    
Increase (decrease) through incurred claims recovered and other insurance service expenses recovered under reinsurance contracts held, insurance contracts liability (asset)        ContractualServiceMarginMember_2t    
Total increase (decrease) through cash flows, insurance contracts liability (asset){"IncreaseDecreaseThroughPremiumsReceivedForInsuranceContractsIssuedInsuranceContractsLiabilityAsset":"1","IncreaseDecreaseThroughPremiumsPaidForReinsuranceContractsHeldInsuranceContractsLiabilityAsset":"1","IncreaseDecreaseThroughInsuranceAcquisitionCashFlowsInsuranceContractsLiabilityAsset":"1","IncreaseDecreaseThroughIncurredClaimsPaidAndOtherInsuranceServiceExpensesPaidForInsuranceContractsIssuedExcludingInsuranceAcquisitionCashFlowsInsuranceContractsLiabilityAsset":"1","IncreaseDecreaseThroughIncurredClaimsRecoveredAndOtherInsuranceServiceExpensesRecoveredUnderReinsuranceContractsHeldInsuranceContractsLiabilityAsset":"1"}real[]            
Increase (decrease) through effect of changes in risk of non-performance by issuer of reinsurance contracts held, insurance contracts liability (asset)        ContractualServiceMarginMember_2t    
Increase (decrease) through insurance finance income or expenses, insurance contracts liability (asset)        ContractualServiceMarginMember_2t    
Increase (decrease) through additional items necessary to understand change, insurance contracts liability (asset)        ContractualServiceMarginMember_2t    
Total increase (decrease) in insurance contracts liability (asset){"IncreaseDecreaseThroughInsuranceServiceResultInsuranceContractsLiabilityAsset":"1","IncreaseDecreaseThroughCashFlowsInsuranceContractsLiabilityAsset":"1","IncreaseDecreaseThroughEffectOfChangesInRiskOfNonperformanceByIssuerOfReinsuranceContractsHeldInsuranceContractsLiabilityAsset":"1","IncreaseDecreaseThroughInsuranceFinanceIncomeOrExpensesInsuranceContractsLiabilityAsset":"1","IncreaseDecreaseThroughAdditionalItemsNecessaryToUnderstandChangeInsuranceContractsLiabilityAsset":"1"}real{"2":"IncreaseDecreaseThroughInsuranceServiceResultInsuranceContractsLiabilityAsset","3":"IncreaseDecreaseThroughCashFlowsInsuranceContractsLiabilityAsset"}            
At 31.12.2019: 
Insurance contracts liability (asset)        ContractualServiceMarginMember_2t    
Insurance contracts that are assets        ContractualServiceMarginMember_2t    
Insurance contracts that are liabilities        ContractualServiceMarginMember_2t    

Disclosure of analysis of insurance revenue
 
Insurance contractsnone
Insurance contracts to which premium allocation approach has been appliednoneInsurance contracts other than those to which premium allocation approach has been appliednone
For the year 2019: 
Insurance revenue 
Insurance revenue, amounts relating to changes in liability for remaining coverage 
Insurance revenue, insurance service expenses incurred during period measured at amounts expected at beginning of period  
Insurance revenue, change in risk adjustment for non-financial risk  
Insurance revenue, contractual service margin recognised in profit or loss because of transfer of services  
Total insurance revenue, amounts relating to changes in liability for remaining coverage{"InsuranceRevenueInsuranceServiceExpensesIncurredDuringPeriodMeasuredAtAmountsExpectedAtBeginningOfPeriod":"1","InsuranceRevenueChangeInRiskAdjustmentForNonfinancialRisk":"1","InsuranceRevenueContractualServiceMarginRecognisedInProfitOrLossBecauseOfTransferOfServices":"1"}real[]  
Insurance revenue, allocation of portion of premiums that relate to recovery of insurance acquisition cash flows  
Total insurance revenue{"InsuranceRevenueAmountsRelatingToChangesInLiabilityForRemainingCoverage":"1","InsuranceRevenueAllocationOfPortionOfPremiumsThatRelateToRecoveryOfInsuranceAcquisitionCashFlows":"1"}real["InsuranceRevenueAmountsRelatingToChangesInLiabilityForRemainingCoverage"]  

Disclosure of effect of insurance contracts initially recognised
 
Disaggregation of insurance contractsnoneInsurance contracts by componentsnoneInsurance contractsnone
Insurance contracts issuednoneReinsurance contracts heldnoneEstimates of present value of future cash flowsnoneRisk adjustment for non-financial risknoneContractual service marginnoneInsurance contracts to which premium allocation approach has been appliednoneInsurance contracts other than those to which premium allocation approach has been appliednone
Estimates of present value of future cash outflowsnoneEstimates of present value of future cash inflowsnoneContractual service margin related to contracts that existed at transition date to which modified retrospective approach has been appliedfiction_totalsContractual service margin related to contracts that existed at transition date to which fair value approach has been appliedfiction_totalsContractual service margin not related to contracts that existed at transition date to which modified retrospective approach or fair value approach has been appliedfiction_totalsTotal for Contractual service margin{"ContractualServiceMarginRelatedToContractsThatExistedAtTransitionDateToWhichModifiedRetrospectiveApproachHasBeenAppliedMember":-1,"ContractualServiceMarginRelatedToContractsThatExistedAtTransitionDateToWhichFairValueApproachHasBeenAppliedMember":-1,"ContractualServiceMarginNotRelatedToContractsThatExistedAtTransitionDateToWhichModifiedRetrospectiveApproachOrFairValueApproachHasBeenAppliedMember":-1}fiction_totals[]
Estimates of present value of insurance acquisition cash flowsnoneEstimates of present value of future cash outflows other than insurance acquisition cash flowsnone
For the year 2019: 
Increase (decrease) through effects of contracts acquired in period, insurance contracts liability (asset)        ContractualServiceMarginMember_3t    
Increase (decrease) through effects of contracts initially recognised in period, insurance contracts liability (asset)        ContractualServiceMarginMember_3t    
Increase (decrease) through effects of groups of onerous contracts initially recognised in period, insurance contracts liability (asset)        ContractualServiceMarginMember_3t    

Disclosure of information about expected recognition of contractual service margin in profit or loss
 
Disaggregation of insurance contractsnoneMaturitynoneInsurance contractsnone
Insurance contracts issuednoneReinsurance contracts heldnoneNot later than one yearnoneLater than one year and not later than two yearsnoneLater than two years and not later than three yearsnoneLater than three years and not later than four yearsnoneLater than four years and not later than five yearsnoneLater than five yearsnoneInsurance contracts to which premium allocation approach has been appliednoneInsurance contracts other than those to which premium allocation approach has been appliednone
At 31.12.2019: 
Contractual service margin          

Disaggregation of insurance contracts & Maturity & Insurance contracts:
  • Explanation of when entity expects to recognise remaining contractual service margin in profit or loss

 Year 201931.12.2019
Insurance finance income (expenses)  
Fair value of underlying items for contracts with direct participation features  
Effect on adjustment to contractual service margin of choice not to adjust contractual service margin for some changes in fulfilment cash flows for contracts with direct participation features  
Explanation of insurance finance income (expenses)
Explanation of relationship between insurance finance income (expenses) and investment return on assets
Description of composition of underlying items for contracts with direct participation features
Description of reason why entity was required to change basis of disaggregation of insurance finance income (expenses) between profit or loss and other comprehensive income for contracts with direct participation features

Disclosure of adjustments made when entity changed basis of disaggregation of insurance finance income (expenses) between profit or loss and other comprehensive income for contracts with direct participation features
 
Effect of adjustments made when entity changed basis of disaggregation of insurance finance income (expenses) between profit or loss and other comprehensive income for contracts with direct participation featuresnone
Effect of adjustments made when entity changed basis of disaggregation of insurance finance income (expenses) between profit or loss and other comprehensive income for contracts with direct participation featuresnone
For the year 2019: 
Profit (loss) 
 Year 201931.12.2019
Insurance contracts liability (asset) at date of change, contracts with direct participation features for which entity changed basis of disaggregation of insurance finance income (expenses) between profit or loss and other comprehensive income  
Reconciliation of reserve of gains and losses on financial assets measured at fair value through other comprehensive income related to insurance contracts to which paragraphs C18(b), C19(b), C24(b) and C24(c) of IFRS 17 have been applied  
Increase (decrease) in reserve of gains and losses on financial assets measured at fair value through other comprehensive income related to insurance contracts to which paragraphs C18(b), C19(b), C24(b) and C24(c) of IFRS 17 have been applied  
Increase (decrease) through gains (losses) in period, reserve of gains and losses on financial assets measured at fair value through other comprehensive income related to insurance contracts to which paragraphs C18(b), C19(b), C24(b) and C24(c) of IFRS 17 have been applied  
Increase (decrease) through reclassification adjustments in period, reserve of gains and losses on financial assets measured at fair value through other comprehensive income related to insurance contracts to which paragraphs C18(b), C19(b), C24(b) and C24(c) of IFRS 17 have been applied  
Reserve of gains and losses on financial assets measured at fair value through other comprehensive income related to insurance contracts to which paragraphs C18(b), C19(b), C24(b) and C24(c) of IFRS 17 have been applied  
Explanation of how entity determined measurement of insurance contracts at transition date
Disclosure of significant judgements and changes in judgements made in applying IFRS 17
Description of methods used to measure contracts within scope of IFRS 17 and processes for estimating inputs to those methods
Description of changes in methods used to measure contracts within scope of IFRS 17 and processes for estimating inputs to those methods
Description of reasons for changes in methods used to measure contracts within scope of IFRS 17 and processes for estimating inputs to those methods
Description of types of contracts affected by changes in methods used to measure contracts within scope of IFRS 17 and processes for estimating inputs to those methods
Description of approach used to distinguish changes in estimates of future cash flows arising from exercise of discretion from other changes, contracts without direct participation features
Description of approach used to determine risk adjustment for non-financial risk
Description of approach used to determine discount rates
Description of approach used to determine investment components

Disclosure of inputs to methods used to measure contracts within scope of IFRS 17
 
Methods used to measure contracts within scope of IFRS 17noneInputs to methods used to measure contracts within scope of IFRS 17none
At 31.12.2019: 
Input to method used to measure contracts within scope of IFRS 17X.XX.X
 31.12.2019
Confidence level used to determine risk adjustment for non-financial riskX.X%
Confidence level corresponding to results of technique other than confidence level technique used for determining risk adjustment for non-financial riskX.X%
Explanation of methods used to determine insurance finance income (expenses) recognised in profit or loss
Description of technique other than confidence level technique used for determining risk adjustment for non-financial risk

Disclosure of yield curve used to discount cash flows that do not vary based on returns on underlying items
 
MaturitynoneRangenone
Not later than one yearnoneLater than one year and not later than two yearsnoneLater than two years and not later than three yearsnoneLater than three years and not later than four yearsnoneLater than four years and not later than five yearsnoneLater than five yearsnoneBottom of rangenoneWeighted averagenoneTop of rangenone
At 31.12.2019: 
Yield used to discount cash flows that do not vary based on returns on underlying itemsX.X%X.X%X.X%X.X%X.X%X.X%X.X%X.X%X.X%
Description of fact and reason why entity's exposure to risk arising from contracts within scope of IFRS 17 at end of reporting period is not representative of its exposure during period
Disclosure of additional information representative of risk exposure arising from contracts within scope of IFRS 17 during period

Disclosure of nature and extent of risks that arise from contracts within scope of IFRS 17
 
Types of risksnone
Insurance risknoneFinancial risknone
Credit risknoneLiquidity risknoneMarket risknone
Currency risknoneInterest rate risknoneOther price risknone
At 31.12.2019: 
Summary quantitative information about exposure to risk that arises from contracts within scope of IFRS 17 
Exposure to risk that arises from contracts within scope of IFRS 17      

Types of risks:
  • Description of exposures to risks that arise from contracts within scope of IFRS 17 and how they arise
  • Description of objectives, policies and processes for managing risks that arise from contracts within scope of IFRS 17
  • Description of methods used to measure risks that arise from contracts within scope of IFRS 17
  • Description of changes in exposures to risks that arise from contracts within scope of IFRS 17 and how they arise
  • Description of changes in objectives, policies and processes for managing risks that arise from contracts within scope of IFRS 17
  • Description of changes in methods used to measure risks that arise from contracts within scope of IFRS 17

Information about effect of regulatory frameworks in which entity operates
Statement that entity applies paragraph 20 of IFRS 17 in determining groups of insurance contracts

Disclosure of detailed information about concentrations of risk that arises from contracts within scope of IFRS 17

Types of risks & Concentrations of risk:
  • Description of how entity determines concentrations of risk that arises from contracts within scope of IFRS 17
  • Description of shared characteristic that identifies concentration of risk that arises from contracts within scope of IFRS 17


Disclosure of sensitivity analysis to changes in risk exposures that arise from contracts within scope of IFRS 17
 
Types of risksnoneRisk exposuresnone
Insurance risknoneFinancial risknone
Credit risknoneLiquidity risknoneMarket risknone
Currency risknoneInterest rate risknoneOther price risknone
At 31.12.2019: 
Percentage of reasonably possible increase in risk exposure that arises from contracts within scope of IFRS 17X.X%X.X%X.X%X.X%X.X%X.X%X.X%
For the year 2019: 
Increase (decrease) in profit (loss) due to reasonably possible increase in risk exposure that arises from contracts within scope of IFRS 17       
Increase (decrease) in profit (loss) due to reasonably possible increase in risk exposure that arises from contracts within scope of IFRS 17, insurance contracts issued before mitigation by reinsurance contracts held       
At 31.12.2019: 
Increase (decrease) in equity due to reasonably possible increase in risk exposure that arises from contracts within scope of IFRS 17       
Increase (decrease) in equity due to reasonably possible increase in risk exposure that arises from contracts within scope of IFRS 17, insurance contracts issued before mitigation by reinsurance contracts held       
Percentage of reasonably possible decrease in risk exposure that arises from contracts within scope of IFRS 17X.X%X.X%X.X%X.X%X.X%X.X%X.X%
For the year 2019: 
Increase (decrease) in profit (loss) due to reasonably possible decrease in risk exposure that arises from contracts within scope of IFRS 17       
Increase (decrease) in profit (loss) due to reasonably possible decrease in risk exposure that arises from contracts within scope of IFRS 17, insurance contracts issued before mitigation by reinsurance contracts held       
At 31.12.2019: 
Increase (decrease) in equity due to reasonably possible decrease in risk exposure that arises from contracts within scope of IFRS 17       
Increase (decrease) in equity due to reasonably possible decrease in risk exposure that arises from contracts within scope of IFRS 17, insurance contracts issued before mitigation by reinsurance contracts held       

Types of risks & Risk exposures:
  • Explanation of relationship between sensitivities to changes in risk exposures arising from insurance contracts and from financial assets held

Description of methods and assumptions used in preparing sensitivity analysis to changes in risk exposures that arise from contracts within scope of IFRS 17
Description of changes in methods and assumptions used in preparing sensitivity analysis to changes in risk exposures that arise from contracts within scope of IFRS 17
Description of reasons for changes in methods and assumptions used in preparing sensitivity analysis to changes in risk exposures that arise from contracts within scope of IFRS 17
Disclosure of sensitivity analysis other than specified in paragraph 128(a) of IFRS 17
Explanation of method, main parameters and assumptions underlying information provided, sensitivity analysis other than specified in paragraph 128(a) of IFRS 17
Explanation of objective of method used and limitations that may result in information provided, sensitivity analysis other than specified in paragraph 128(a) of IFRS 17

Disclosure of actual claims compared with previous estimates
 
Years of insurance claimnone
Reporting yearnoneOne year before reporting yearnoneTwo years before reporting yearnoneThree years before reporting yearnoneFour years before reporting yearnoneFive years before reporting yearnoneSix years before reporting yearnoneSeven years before reporting yearnoneEight years before reporting yearnoneNine years before reporting yearnone
At 31.12.2019: 
Estimate of undiscounted claims that arise from contracts within scope of IFRS 17          
Actual claims that arise from contracts within scope of IFRS 17          
Liabilities for incurred claims that arise from contracts within scope of IFRS 17          

Disclosure of information about credit risk that arises from contracts within scope of IFRS 17
 
Disaggregation of insurance contractsnone
Insurance contracts issuednoneReinsurance contracts heldnone
At 31.12.2019: 
Maximum exposure to credit risk that arises from contracts within scope of IFRS 17  

Disaggregation of insurance contracts:
  • Information about credit quality of reinsurance contracts held that are assets

Description of how entity manages liquidity risk that arises from contracts within scope of IFRS 17

Disclosure of maturity analysis for liquidity risk that arises from contracts within scope of IFRS 17
 
MaturitynoneDisaggregation of insurance contractsnone
Not later than one yearnoneLater than one year and not later than two yearsnoneLater than two years and not later than three yearsnoneLater than three years and not later than four yearsnoneLater than four years and not later than five yearsnoneLater than five yearsnoneInsurance contracts issuednoneReinsurance contracts heldnone
At 31.12.2019: 
Remaining contractual undiscounted cash outflows (inflows) that arise from contracts within scope of IFRS 17 that are liabilities        
Estimates of present value of future cash outflows (inflows) that arise from contracts within scope of IFRS 17 that are liabilities        
 31.12.2019
Amounts payable on demand that arise from contracts within scope of IFRS 17 
Explanation of relationship between amounts payable on demand that arise from contracts within scope of IFRS 17 and carrying amount of related groups of contracts
Identification of unadjusted comparative information
Statement that unadjusted comparative information has been prepared on different basis
Explanation of basis of preparation of unadjusted comparative information
Statement that entity does not disclose previously unpublished information about claims development that occurred earlier than five years before end of annual reporting period in which it first applies IFRS 17

Disclosure of redesignation of financial assets at date of initial application of IFRS 17
 
Classes of financial assetsnone
At 31.12.2019: 
Financial assets affected by redesignation at date of initial application of IFRS 17, carrying amount immediately before redesignation 
Financial assets affected by redesignation at date of initial application of IFRS 17, carrying amount after redesignation 
Financial assets that were designated as measured at fair value through profit or loss before application of IFRS 17 that are no longer so designated 

Classes of financial assets:
  • Description of basis for determining financial assets eligible for redesignation at date of initial application of IFRS 17
  • Financial assets affected by redesignation at date of initial application of IFRS 17, measurement category immediately before redesignation
  • Financial assets affected by redesignation at date of initial application of IFRS 17, measurement category after redesignation

Information on how entity redesignated financial assets whose classification has changed on initially applying IFRS 17
Description of reasons for designation or de-designation of financial assets as measured at fair value through profit or loss at date of initial application of IFRS 17
Explanation of why entity came to different conclusions in new assessment applying paragraphs 4.1.2(a) or 4.1.2A(a) of IFRS 9 at date of initial application of IFRS 17

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