302 definitions found
AASB 4
Definition
A[8]
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 …
AASB 4
Definition
A[9]
An obligation to pay guaranteed benefits , included in a contract that contains a discretionary participation feature . …
AASB 4
Definition
A[10]
An insurer’s net contractual rights under an insurance contract . …
AASB 4
Definition
A[11]
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 …
AASB 4
Definition
A[12]
An insurer’s net contractual obligations under an insurance contract . …
AASB 4
Definition
A[13]
Risk, other than financial risk , transferred from the holder of a contract to the issuer. …
AASB 4
Definition
A[14]
An uncertain future event that is covered by an insurance contract and creates insurance risk . …
AASB 4
Definition
A[19]
An insurance contract issued by one insurer (the reinsurer ) to compensate another insurer (the cedant ) for losses on one or more contracts issued by the …
AASB 4
Definition
A[20]
The party that has an obligation under a reinsurance contract to compensate a cedant if an insured event occurs. …
AASB 4
Definition
A[21]
Account for the components of a contract as if they were separate contracts. Additional Australian defined terms – see Appendix …