8. 8.1 Non- life risk Non-life risk 2023 R'm Liability for remaining coverage Estimates of the present value of future cash flows Risk adjustment for nonfinancial risk Liability for remaining coverage Estimates of the present value of future cash flows Risk adjustment for nonfinancial risk Total Insurance contract liabilities as at 1 January – 32 1 2 66 17 118 Insurance revenue Other contracts (a) (2) – – (101) – – (103) Insurance service expenses Incurred claims and other directly attributable expenses – 134 6 – 30 (6) 164 Changes that relate to past service – (2) (6) – (31) – (39) Total Insurance service expenses – 132 – – (1) (6) 125 Insurance service result (2) 132 – (101) (1) (6) 22 Finance expenses (income) from insurance contracts issued – – – – 4 1 5 Total amounts recognised in profit or loss (2) 132 – (101) 3 (5) 27 Short-term insurance liabilities Short Term Insurance Healthcare Professional Indemnity Short Term Insurance Motor & Household Reconciliation of the liability for remaining coverage and the liability for incurred claims Liabilities for incurred claims Liabilities for incurred claims NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (continued) for the year ended 31 December 2023 145 Notes to the Consolidated Financial Statements
RkJQdWJsaXNoZXIy MTY2ODY3Ng==