10. 10.1 Liability for remaining coverage excluding Profit-Share accounts PPS ProfitShare accounts Liability for incurred claims Liability for remaining coverage Liability for incurred claims Total – – (27) – (1) (28) – – (57) – (14) (71) – – (80) – (4) (84) (4) – – – – (4) (4) – (164) – (19) (187) (297) – (35) – 516 184 5 854 – – 320 – 6 174 – – (3 464) – (848) (4 312) – – (1 948) – – (1 948) – – (709) – (13) (722) 5 854 – (6 121) 320 (861) (808) 4 955 34 684 1 435 1 774 114 42 962 PPS Profit-share accounts paid to policyholders Insurance acquisition cash flows Total cash flows Claims and other directly attributable expenses 2023 R’m Transfers Transfer to Property, plant and equipment PPS Profit-Share accounts and Long-term insurance contract liabilities Reconciliation of the liability for remaining coverage and the liability for incurred claims (continued) Life Risk: Participating Life Risk: Non-participating Total transfers Transfer to Intangible assets Transfer to Employee-related obligations Transfer from Revaluation reserve Cash flows Premiums received Insurance contract liabilities at 31 December Other movements NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (continued) for the year ended 31 December 2023 155 Notes to the Consolidated Financial Statements
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