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An insurance contract that is not a reinsurance contract . …

A contractual right to receive, as a supplement to guaranteed benefits , additional benefits: (a)             that are likely to be a significant portion of the total contractual benefits; (b)             whose amount or timing is contractually at the …

Fair value is the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. (See AASB 13 …

The following terms are used in this Standard with the meanings specified: …

A contract that requires the issuer to make specified payments to reimburse the holder for a loss it incurs because a specified debtor fails to make payment when due in accordance with the original or modified terms of a debt …

The risk of a possible future change in one or more of a specified interest rate, financial instrument price, commodity price, foreign exchange rate, index of prices or rates, credit rating or credit index or other variable, provided in the case of a …

Payments or other benefits to which a particular policyholder or investor has an unconditional right that is not subject to the contractual discretion of the …

An obligation to pay guaranteed benefits , included in a contract that contains a discretionary participation feature . …

An insurer’s net contractual rights under an insurance contract . …

A contract under which one party (the insurer ) accepts significant insurance risk from another party (the policyholder ) by agreeing to compensate the policyholder if a specified uncertain future event (the insured event ) adversely affects the …