statistics

Table 8 Reinsurer financial position
($ million)
Jun 2015 Sep 2015 Dec 2015 Mar 2016 Jun 2016 Sep 2016
Cash and liquid assets 186 253 168 163 196 184
Investments
of which:
7,613 7,577 7,779 7,640 7,849 7,911
Interest bearing 7,217 7,178 7,383 7,248 7,459 7,522
Equity 0 0 0 0 0 0
Indirect investments 20 23 20 17 15 14
Property 0 0 0 0 0 0
Loans and advances 375 375 375 375 375 375
Other investments 0 0 0 0 0 0
Non-reinsurance recoverables 5 5 5 5 6 7
Reinsurance recoverables 1,948 1,816 1,689 1,520 1,442 1,464
Premium receivables 755 1,270 1,003 1,134 965 1,255
Deferred reinsurance expense 319 208 42 378 295 196
Deferred acquisition costs 172 260 253 257 257 312
Intangible assets 0 0 0 0 0 0
Other assets 230 244 256 248 271 226
Total assets 11,228 11,631 11,195 11,345 11,280 11,555
Outstanding Claims Liability 5,581 5,429 5,304 5,236 5,479 5,486
Unearned Premium Liability 1,018 1,656 1,508 1,646 1,540 1,850
Unexpired Risk Liability 14 22 18 16 14 18
Tax provisions 22 23 25 26 19 13
Payables on reinsurance contracts 489 393 229 372 289 198
Borrowings and loan capital 0 0 0 0 0 0
Other liabilities 931 875 779 726 683 635
Total liabilities 8,056 8,398 7,864 8,022 8,023 8,200
Share capital 1,595 1,595 1,595 1,595 1,595 1,595
Reserves 514 499 512 513 486 487
Retained profits 1,063 1,140 1,224 1,215 1,176 1,272
Net assets 3,172 3,234 3,331 3,324 3,257 3,354
Number of entities 11 10 10 10 10 10
Australian Prudential Regulation Authority 15