Subject to their nature, scale and complexity, insurers make audited financial statements available at least annually.

• company profile;
• corporate governance framework;
• technical provisions;
• insurance risk exposure;
• financial instruments and other investments;
• investment risk exposure;
• asset-liability management;
• capital adequacy;
• liquidity risk; and
• financial performance.

• the nature of its business;
• its corporate structure;
• key business segments;
• the external environment in which it operates; and
• its objectives and the strategies for achieving those objectives.

The supervisor requires that disclosures about the insurer’s corporate governance framework provide information on the key features of the framework, including its internal controls and risk management, and how they are implemented.

• the future cash flow assumptions;
• the rationale for the choice of discount rates;
• the risk adjustment methodology where used; and
• other information as appropriate to provide a description of the method used.

• the nature, scale and complexity of risks arising from its insurance contracts;
• the insurer’s risk management objectives and policies;
• models and techniques for managing insurance risks (including underwriting processes);
• its use of reinsurance or other forms of risk transfer; and
• its insurance risk concentrations.

• instruments and investments by class;
• investment management objectives, policies and processes; and
• values, assumptions and methods used for general purpose financial reporting and solvency purposes, as well as an explanation of any differences, where applicable.