Page 110 - IC46 addendum

General Insurance Accounts (IC-46)

years. That obligation arises from a deposit
component.
b. A cedant receives compensation for losses
from a reinsurer, but the contract obliges the
cedant to repay the compensation in next
year. That obligation arises from a deposit
component.
c. A cedant receives compensation for losses
from a insurer, but the contract obliges the
cedant to repay the compensation in future
years. That obligation arises from a deposit
component.
d. A cedant receives compensation for losses
from a reinsurer, but the contract obliges the
cedant to repay the compensation in future
years. That obligation arises from a insurance
component.

15. To unbundle a contract, an insurer shall -
a. Apply Ind AS 104 to the insurance component
b. Apply Ind AS 109 to the deposit component.
c. Apply Ind AS 108 to the insurance

component.
d. a and b
e. b and c

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