IFRS 4 PSAK 28

International Financial Reporting Standard

4
Insurance Contracts
Pernyataan Standar Akuntansi Keuangan
No. 28
Kontrak asuransi
Obecti!e
1. The objective of this IFRS is to specify the
financial reportin for insurance contracts
by any entity that iss!es s!ch contracts
"#escribe# in this IFRS as an insurer$ !ntil
the %oar# co&pletes the secon# phase of
its project on ins!rance contracts.
"uuan
1. T!j!an Pernyataan ini a#alah !nt!'
&enent!'an pelaporan 'e!anan !nt!'
'ontra' as!ransi oleh entitas yan
&enerbit'an 'ontra' terseb!t "seperti
#ijelas'an #ala& Pernyataan ini sebaai
entitas as!ransi$ sa&pai (e)an
&enyelesai'an fase 'e#!a proye' ini.
In partic!lar* this IFRS re+!ires,
a. li&ite# i&prove&ents to acco!ntin by
ins!rers for ins!rance contracts.
(ala& hal tertent!* Pernyataan ini
'h!s!snya &ensyarat'an,
a. pene&banan yan terbatas atas
a'!ntansi oleh entitas as!ransi !nt!'
'ontra' as!ransi
b. #isclos!re that i#entifies an# e-plains
the a&o!nts in an ins!rer.s financial
state&ents arisin fro& ins!rance
contracts an# helps !sers of those
financial state&ents !n#erstan# the
a&o!nt* ti&in an# !ncertainty of f!t!re
cash flo)s fro& ins!rance contracts.
b. pen!n'apan yan &eni#entifi'asi
#an &enjelas'an j!&lah/j!&lah #ala&
laporan 'e!anan entitas as!ransi
yan &!nc!l #ari 'ontra' as!ransi #an
&e&bant! pen!na laporan 'e!anan
#ala& &e&aha&i j!&lah* )a't! #an
'eti#a'pastian ar!s 'as &asa #epan
#ari 'ontra' as!ransi.
c.
Scope Ruang #ingkup
2. An entity shall apply this IFRS to, 2. 0ntitas har!s &enerap'an Pernyataan ini
!nt!',
a. ins!rance contracts "incl!#in
reinsurance contracts$ that it iss!es an#
reins!rance contracts that it hol#s.
a. 'ontra' as!ransi "ter&as!' 'ontra'
reasuransi$ #i&ana entitas &enerbit'an
#an &ereas!ransi 'ontra' yan #i&ili'i.
b. financial instr!&ents that it iss!es )ith a
#iscretionary participation feat!re "see
pararaph 12$. IFRS 7 Financial
Instruments: Disclosures re+!ires
#isclos!re abo!t financial instr!&ents*
incl!#in financial instr!&ents that
contain s!ch feat!res.
b. instr!&en 'e!anan #i&ana entitas
&enerbit'an yan #iterbit'an #enan fit!r
partisipasi ti#a' &eni'at "discretionary
participation$ "lihat pararaf 12$. PSAK
No. 31: Instrumen Keuangan:
Pengungapan &ensyarat'an
pen!n'apan tentan instr!&en
'e!anan ter&as!' yan #i#ala&nya
&enan#!n fit!r terseb!t.
1. This IFRS #oes not a##ress other aspects
of acco!ntin by ins!rers* s!ch as
acco!ntin for financial assets hel# by
ins!rers an# financial liabilities iss!e# by
ins!rers "see IAS 12 Financial Instruments:
Presentation* IAS 13 Financial
Instruments:Recognition and !easurement
an# IFRS 4$* e-cept in the transitional
provisions in pararaph 42.
1. Pernyataan ini ti#a' &enat!r aspe' lainnya
#ari A'!ntansi entitas as!ransi seperti
a'!ntansi !nt!' aset 'e!anan yan #i&ili'i
oleh entitas as!ransi #an 'e)ajiban
'e!anan yan #iterbit'an oleh entitas
as!ransi "lihat PSAK "# Instrumen
Keuangan: Penya$ian% PSAK "" Instrumen
Keuangan: Pengauan dan Penguuran%
PSAK 31: Instrumen Keuangan:
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IFRS 4 PSAK 28
Pengungapan$* 'ec!ali #ala& &asa
transisi "transitional pro&isions$ pa#a
pararaf 42.
4. An entity shall not apply this IFRS to, 4. 0ntitas ti#a' &enerap'an Pernyataan ini
!nt!',
"a$ pro#!ct )arranties iss!e# #irectly by a
&an!fact!rer* #ealer or retailer "see IAS
18 Re&enue an# IAS 14 Pro&isions%
'ontingent (ia)ilities and 'ontingent
Assets$.
a. 7a&inan pro#!' yan #iterbit'an secara
lans!n oleh per!sahaan &an!fa't!r*
dealer ata! retailer "lihat PSAK 21
Pendapatan #an PSAK "7 Ke*a$)an
Diestimasi% Ke*a$i)an Konti$ensi dan
Aset Konti$ensi$.
"b$ e&ployers. assets an# liabilities !n#er
e&ployee benefit plans "see IAS 13
+mployee ,ene-its an# IFRS 2 S.are/
)ased Payment$ an# retire&ent benefit
obliations reporte# by #efine# benefit
retire&ent plans "see IAS 28 Accounting
and Reporting )y Retirement ,ene-it
Plans$.
b. Aset #an 'e)ajiban pe&beri 'erja
#ala& i&balan 'erja "lihat PSAK 01
Im)alan Ker$a #an PSAK "3 Auntansi
Kompensasi ,er)asis Sa.am $ #an
'e)ajiban &anfaat pensi!n yan
#ilapor'an oleh prora& pensi!n
&anfaat pasti "lihat PSAK 12 Auntansi
Dana Pensiun$.
"c$ contract!al rihts or contract!al obliations
that are continent on the f!t!re !se of* or
riht to !se* a non/financial ite& "for
e-a&ple* so&e licence fees* royalties*
continent lease pay&ents an# si&ilar
ite&s$* as )ell as a lessee.s resi#!al val!e
!arantee e&be##e# in a finance lease
"see IAS 14 (eases* IAS 18 Re&enue an#
IAS 18 Intangi)le Assets$.
c. 9a'/ha' 'ontra't!al ata! 'e)ajiban
'ontra't!al yan 'ontinjen #ala&
pen!naannya #i &asa #epan* ata!
ha' !nt!' &en!na'an ite&
non'e!anan "&isalnya, -ee* lisensi*
royalty* pe&bayaran se)a 'ontinjensi
#an ite& sejenis lainnya$* #an ter&as!'
ja&inan nilai resi#! penye)a yan
&ele'at #ala& se)a pe&biayaan "lihat
PSAK 16 Se*a* PSAK 03 Pendapatan
#an PSAK 13 Ati&a 4ida ,er*u$ud$.
"#$ financial !arantee contracts !nless the
iss!er has previo!sly asserte# e-plicitly
that it rear#s s!ch contracts as ins!rance
contracts an# has !se# acco!ntin
applicable to ins!rance contracts* in )hich
case the iss!er &ay elect to apply either
IAS 13* IAS 12 an# IFRS 4 or this
Stan#ar# to s!ch financial !arantee
contracts. The iss!er &ay &a'e that
election contract by contract* b!t the
election for each contract is irrevocable.
#. Kontra' ja&inan 'e!anan 'ec!ali
piha' penerbitnya sebel!&nya
&enyata'an secara e'splisit bah)a
'ontra' terseb!t &er!pa'an 'ontra'
as!ransi #an telah &enerap'an
a'!ntansi yan berla'! !nt!' 'ontra'
as!ransi* yan #ala& 'as!s ini penerbit
boleh &e&ilih !nt!' &enerap'an PSAK
22* PSAK 26 #an PSAK 11 ata!
Pernyataan ini !nt!' 'ontra' ja&inan
'e!anan terseb!t. Penerbit #apat
&e&ilih&enent!'an pe&ilihan ini
'ontra' per 'ontra'* tetapi pe&ilihan
setiap 'ontra' ti#a' #apat #i!bah
'e&bali.
"e$ continent consi#eration payable or
receivable in a b!siness co&bination "see
IFRS 1 ,usiness 'om)inations$.
e. :tan ata! pi!tan pe&bayaran
'ontinjensi #ala& penab!nan !saha
"lihat PSAK 22 Auntansi
Pengga)ungan 5sa.a$
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IFRS 4 PSAK 28
"f$ #irect ins!rance contracts that the entity
hol#s "ie #irect ins!rance contracts in
)hich the entity is the policyhol#er$.
9o)ever* a ce#ant shall apply this IFRS to
reins!rance contracts that it hol#s.
f. Kontra' as!ransi lans!n yan
#ipean entitas "&isalnya 'ontra'
as!ransi #i&ana entitas sebaai
pe&ean polis$. A'an tetapi cedant
har!s &enerap'an Pernyataan ini !nt!'
'ontra' reas!ransi yan &ere'a
pean.
2. For ease of reference* this IFRS #escribes
any entity that iss!es an ins!rance contract
as an ins!rer* )hether or not the iss!er is
rear#e# as an ins!rer for leal or
s!pervisory p!rposes.
2. :nt!' 'e&!#ahan referensi* Pernyataan ini
&enjelas'an berbaai entitas yan
&enerbit'an 'ontra' as!ransi sebaai
entitas as!ransi* terlepas #ari apa'ah
penerbit #iperhit!n'an sebaai entitas
as!ransi !nt!' t!j!an leal ata! !nt!'
pena)asan.
8. A reins!rance contract is a type of
ins!rance contract. Accor#inly* all
references in this IFRS to ins!rance
contracts also apply to reins!rance
contracts.
8. Kontra' reas!ransi a#alah jenis 'ontra'
as!ransi. Sehina* se&!a referensi #ala&
Pernyataan ini j!a berla'! !nt!' 'ontra'
reas!ransi.
$%bedded deri!ati!es &eri!ati' (elekat
4. IAS 13 re+!ires an entity to separate so&e
e&be##e# #erivatives fro& their host
contract* &eas!re the& at -air &alue an#
incl!#e chanes in their fair val!e in profit
or loss. IAS 13 applies to #erivatives
e&be##e# in an ins!rance contract !nless
the e&be##e# #erivative is itself an
ins!rance contract.
4. PSAK 22 &ensyarat'an entitas !nt!'
&e&isah'an beberapa #erivatif &ele'at #ari
'ontra' !ta&anya* &en!'!r &ere'a pa#a
nilai )ajar #an &e&as!''an per!bahan
#ala& nilai )ajar &ere'a pa#a laporan laba
r!i. PSAK 22 berla'! !nt!' #erivatif
&ele'at #ala& 'ontra' as!ransi 'ec!ali
#erivatif &ele'at it! sen#iri a#alah 'ontra'
as!ransi.
8. As an e-ception to the re+!ire&ent in IAS
13* an ins!rer nee# not separate* an#
&eas!re at fair val!e* a policyhol#er.s
option to s!rren#er an ins!rance contract
for a fi-e# a&o!nt "or for an a&o!nt base#
on a fi-e# a&o!nt an# an interest rate$*
even if the e-ercise price #iffers fro& the
carryin a&o!nt of the host insurance
lia)ility. 9o)ever* the re+!ire&ent in IAS 13
#oes apply to a p!t option or cash
s!rren#er option e&be##e# in an ins!rance
contract if the s!rren#er val!e varies in
response to the chane in a financial
variable "s!ch as an e+!ity or co&&o#ity
price or in#e-$* or a non/financial variable
that is not specific to a party to the contract.
F!rther&ore* that re+!ire&ent also applies
if the hol#er.s ability to e-ercise a p!t option
or cash s!rren#er option is triere# by a
chane in s!ch a variable "for e-a&ple* a
p!t option that can be e-ercise# if a stoc'
8. Sebaai penec!alian atas persyaratan
#ala& PSAK 22* entitas as!ransi ti#a'
&e&b!t!h'an pe&isahan* #an &en!'!r
pa#a nilai )ajar* opsi pe&ean polis !nt!'
&enyerah'an s!at! 'ontra' !nt!' j!&lah
tetap "ata! !nt!' s!at! j!&lah yan
#i#asar'an pa#a j!&lah tetap #an tin'at
s!'! b!na$* bah'an ji'a hara
pela'sanaannya berbe#a #enan nilai
tercatat #ari 'e)ajiban as!ransi !ta&anya.
A'an tetapi* persyaratan #ala& PSAK 22
berla'! !nt!' opsi j!al ata! opsi
penyerahan 'as &ele'at #ala& s!at!
'ontra' as!ransi ji'a nilai penyerahan
bervariasi ses!ai respon atas per!bahan
variabel 'e!anan "seperti hara saha&
ata! hara 'o&o#itas ata! in#e's saha&
ata! 'o&o#itas$* ata! variabel non
'e!anan yan ti#a' spesifi' bai piha'
#ala& 'ontra'. ;ebih lanj!t* persyaratan
terseb!t j!a berla'! ji'a 'e&a&p!an
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IFRS 4 PSAK 28
&ar'et in#e- reaches a specifie# level$. pe&eannya polis #ala& &ela'sana'an
opsi j!al ata! opsi penyerahan 'as #ipic!
oleh per!bahan #ala& variabel terseb!t
"sebaai contoh* opsi j!al yan #apat
#ila'sana'an ji'a in#e's pasar &o#al
&encapai level tertent!$
3. Pararaph 8 applies e+!ally to options to
s!rren#er a financial instr!&ent containin
a #iscretionary participation feat!re.
3. Pararaf 8 berla'! sa&a !nt!' opsi
penyerahan& instr!&en 'e!anan yan
&enan#!n fit!r partisipasi ti#a' &eni'at
)nbundling o' deposit co%ponents Pe%isa*an ko%ponen deposit
16. So&e ins!rance contracts contain
both an ins!rance co&ponent an# a
deposit component. In so&e cases* an
ins!rer is re+!ire# or per&itte# to un)undle
those co&ponents,
16.%eberapa 'ontra' as!ransi &enan#!n
bai' 'o&ponen as!ransi &a!p!n
omponen deposit. (ala& beberapa 'as!s*
entitas as!ransi #isyarat'an ata! #iijin'an
!nt!' &e&isah'an 'o&ponen/'o&ponen
terseb!t,
"a$!nb!n#lin is re+!ire# if both the follo)in
con#itions are &et,
a. pe&isahan #isyarat'an ji'a 'e#!a
'on#isi beri'!t terpen!hi,
"i$ the ins!rer can &eas!re the #eposit
co&ponent "incl!#in any e&be##e#
s!rren#er options$ separately "ie
)itho!t consi#erin the ins!rance
co&ponent$.
i. entitas as!ransi #apat &en!'!r
'o&ponen #eposit "ter&as!' opsi
penyerahan &ele'at$ secara
terpisah "&isalnya tanpa
&e&perti&ban'an 'o&ponen
as!ransi$.
"ii$ the ins!rer.s acco!ntin policies #o not
other)ise re+!ire it to reconise all
obliations an# rihts arisin fro& the
#eposit co&ponent.
ii. 'ebija'an a'!ntansi entitas
as!ransi sebali'nya ti#a'
&ensyarat'an !nt!' &ena'!i
sel!r!h 'e)ajiban #an ha' yan
&!nc!l #ari 'o&ponen #eposit.
"b$!nb!n#lin is per&itte#* b!t not re+!ire#* if
the ins!rer can &eas!re the #eposit
co&ponent separately as in "a$"i$ b!t its
acco!ntin policies re+!ire it to reconise
all obliations an# rihts arisin fro& the
#eposit co&ponent* rear#less of the basis
!se# to &eas!re those rihts an#
obliations.
b. Pe&isahan #iijin'an* tapi ti#a'
#isyarat'an* ji'a entitas as!ransi #apat
&en!'!r 'o&ponen #eposit secara
terpisah seperti yan #iseb!t'an pa#a
"a$"i$* tetapi 'ebija'an a'!ntansi
&ensyarat'an !nt!' &ena'!i sel!r!h
'e)ajiban #an ha' yan &!nc!l #ari
'o&ponen #eposit* terlepas #ari #asar
yan #i!na'an !nt!' &en!'!r ha'
#an 'e)ajiban terseb!t.
"c$ !nb!n#lin is prohibite# if an ins!rer cannot
&eas!re the #eposit co&ponent separately
as in "a$"i$.
c. Pe&isahan #ilaran ji'a entitas
as!ransi ti#a' #apat &en!'!r
'o&ponen #eposit secara terpisah
seperti yan #iseb!t'an #ala& "a$"i$.
'as!s yan jaran terja#i
11. The follo)in is an e-a&ple of a case
)hen an ins!rer.s acco!ntin policies #o
not re+!ire it to reconise all obliations
arisin fro& a #eposit co&ponent. A ce#ant
receives co&pensation for losses fro& a
11.%eri'!t contoh 'as!s 'eti'a 'ebija'an
a'!ntansi entitas as!ransi ti#a'
&ensyarat'an !nt!' &ena'!i sel!r!h
'e)ajiban yan &!nc!l #ari 'o&ponen
#eposit. 'edant &eneri&a 'o&pensasi atas
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IFRS 4 PSAK 28
reinsurer* b!t the contract oblies the
ce#ant to repay the co&pensation in f!t!re
years. That obliation arises fro& a #eposit
co&ponent. If the ce#ant.s acco!ntin
policies )o!l# other)ise per&it it to
reconise the co&pensation as inco&e
)itho!t reconisin the res!ltin obliation*
!nb!n#lin is re+!ire#.
'er!ian #ari entitas reas!ransi* tetapi
'ontra' &e)ajib'an cedant !nt!'
&e&bayar 'e&bali 'o&pensasi #i &asa
&en#atan. Ke)ajiban terseb!t &!nc!l #ari
'o&ponen #eposit. 7i'a 'ebija'an a'!ntansi
cedant sebali'nya &enijin'an !nt!'
&ena'!i 'o&pensasi terseb!t sebaai
pen#apatan tanpa &ena'!i 'e)ajiban
yan &!nc!l* pe&isahan #isyarat'an.n.
"(eep into #etail$
12. To !nb!n#le a contract* an ins!rer
shall,
12.:nt!' &e&isah'an 'ontra' * entitas
as!ransi har!s,
"a$ apply this IFRS to the ins!rance
co&ponent.
a. <enerap'an Pernyataan ini !nt!'
'o&ponen as!ransi.
"b$ apply IAS 13 to the #eposit co&ponent. b. <enerap'an PSAK 22 !nt!' 'o&ponen
#eposit.
Recognition and %easure%ent Pengakuan + Pengukuran
"e%porary e,e%ption 'ro% so%e ot*er
IFRSs
Pengecualian se%entara dari Standar
Akuntansi Keuangan lainnya
11. Pararaphs 16=12 of IAS 8
Accounting Policies% '.anges in
Accounting +stimates and+rrors specify
criteria for an entity to !se in #evelopin an
acco!ntin policy if no IFRS applies
specifically to an ite&. 9o)ever* this IFRS
e-e&pts an ins!rer fro& applyin those
criteria to its acco!ntin policies for,
11.Pararaf 16=12 PSAK 22 (a)a atau Rugi
,ersi. untu Periode ,er$alan% Kesala.an
!endasar% dan Peru)a.an Ke)i$aan
Auntansi. &eni#entifi'asi &enent!'an
'riteria entitas yan #apat #i!na'an oleh
entitas #ala& &ene&ban'an 'ebija'an
a'!ntansi ji'a ti#a' a#a Pernyataan yan
berla'!ti#a' berla'! secara spesifi' 'epa#a
s!at! pos. A'an tetapi* Pernyataan ini
&enec!ali'an entitas as!ransi #ari
&enerap'an 'riteria terseb!t !nt!'
'ebija'an a'!ntansi,
"a$ins!rance contracts that it iss!es
"incl!#in relate# ac+!isition costs an#
relate# intanible assets* s!ch as those
#escribe# in pararaphs 11 an# 12$> an#
"a$ 'ontra' as!ransi yan #iterbit'an
"ter&as!' biaya a'!isisi ter'ait #an
aset ta' ber)!j!# ter'ait* seperti yan
#ijelas'an #ala& pararaf 11 #an 12$>
#an
"b$reins!rance contracts that it hol#s. "b$ Kontra' reas!ransi yan #ipean
14. ?evertheless* this IFRS #oes not
e-e&pt an ins!rer fro& so&e i&plications
of the criteria in pararaphs 16=12 of IAS 8.
Specifically* an ins!rer,
12.
14. A'an tetapi* Pernyataan ini ti#a'
&enec!ali'an entitas as!ransi #ari
berbaai i&pli'asi 'riteria #ala& pararaf
16/12 PSAK 22. Kh!s!snya* entitas
as!ransi,
12.
"a$shall not reconise as a liability any
provisions for possible f!t!re clai&s* if
those clai&s arise !n#er ins!rance
a. Ti#a' &ena'!i sebaai 'e)ajiban
laibilitas #iesti&asi !nt!' 'lai& &asa
&en#atan* ji'a 'lai& terseb!t &!nc!l
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IFRS 4 PSAK 28
contracts that are not in e-istence at the
en# of the reportin perio# "s!ch as
catastrophe provisions an# e+!ali@ation
provisions$.
'arena 'ontra' as!ransi yan ti#a' a#a
pa#a a'hir perio#e pelaporan "seperti
'e)ajiban #iesti&asi 'arena bencana
ala& #an 'e)ajiban #iesti&asi 'arena
penya&aan$.
"b$shall carry o!t the lia)ility ade6uacy test
#escribe# in pararaphs 12=13.
b. &ela'!'an tes 'ec!'!pan 'e)ajiban
seperti yan #ijelas'an #ala& pararaf
12/13.
"c$ shall re&ove an ins!rance liability "or a
part of an ins!rance liability$ fro& its
state&ent of financial position )hen* an#
only )hen* it is e-tin!ishe#Aie )hen
the obliation specifie# in the contract is
#ischare# or cancelle# or e-pires.
c. &enhap!s 'e)ajiban as!ransi "ata!
baian #ari 'e)ajiban as!ransi$ #ari
neraca ji'a* #an hanya ji'a* 'e)ajiban
terseb!t telah habis = &isalnya 'eti'a
'e)ajiban yan #ii#entifi'asi #ala&
'ontra' telah selesai ata! #ibatal'an
ata! habis &asa berla'!nya.
"#$shall not offset, #. Ti#a' boleh salin hap!s,
"i$ reinsurance assets aainst the relate#
ins!rance liabilities> or
I. Aset reas!ransi #enan 'e)ajiban
as!ransi yan ter'ait> ata!
"ii$ inco&e or e-pense fro& reins!rance
contracts aainst the e-pense or
inco&e fro& the relate# ins!rance
contracts.
II. Pen#apatan ata! beban #ari
'ontra' reas!ransi #enan beban
ata! pen#apatan #ari 'ontra'
as!ransi ter'ait
"e$ shall consi#er )hether its reins!rance
assets are i&paire# "see pararaph 26$.
e. 9ar!s &e&perti&ban'an apa'ah aset
reas!ransi t!r!n nilainya "impaired$
ata! ti#a' "lihat pararaf 26$
#iability ade-uacy test "est Kecukupan Ke.aiban
18. An insurer s*all assess at t*e end
o' eac* reporting period .*et*er its
recogni/ed insurance liabilities are
ade-uate0 using current esti%ates o'
'uture cas* 'lo.s under its insurance
contracts. I' t*at assess%ent s*o.s t*at
t*e carrying a%ount o' its insurance
liabilities 1less related de'erred
ac-uisition costs and related intangible
assets0 suc* as t*ose discussed in
paragrap*s 23 and 224 is inade-uate in
t*e lig*t o' t*e esti%ated 'uture cas*
'lo.s0 t*e entire de'iciency s*all be
recognised in pro'it or loss.
18.$ntitas asuransi %enilai untuk pada
setiap ak*ir periode pelaporan apaka*
ke.aiban asuransi yang diakui cukup0
dengan %enggunakan esti%asi kini atas
arus kas %asa depan terkait dengan
kontrak asuransi. 5ika penilaian tersebut
%enunukkan ba*.a nilai tercatat
ke.aiban asuransi 1dikurangi dengan
biaya akuisisi terkait yang ditanggu*kan
dan aset tidak ber.uud terkait0 seperti
yang didiskusikan dala% paragra' 23 dan
224 tidak cukup dibandingkan dengan
esti%asi arus kas %asa depan0 seluru*
kekurangan *arus diakui dala% laporan
laba rugi.
14. If an ins!rer applies a liability
a#e+!acy test that &eets specifie#
&ini&!& re+!ire&ents* this IFRS i&pose
no f!rther re+!ire&ents. The &ini&!&
re+!ire&ents are the follo)in,
14. 7i'a entitas as!ransi &enerap'an tes
'ec!'!pan 'e)ajiban yan &e&en!hi
syarat &ini&!& yan telah #itent!'an*
Pernyataan ini ti#a' &e)ajib'an
persyaratan ta&bahan lai. Persyaratan
&ini&!& terseb!t a#alah sebaai beri'!t,
"a$ The test consi#ers c!rrent esti&ates of all
contract!al cash flo)s* an# of relate# cash
flo)s s!ch as clai&s han#lin costs* as )ell as
a. tes yan &e&perti&ban'an esti&asi
'ini atas sel!r!h 'ontra' ar!s 'as* #an
yan ter'ait #enan ar!s 'as seperti
8 (RAFT PSAK 285K0( 62622663
IFRS 4 PSAK 28
cash flo)s
res!ltin fro& e&be##e# options an#
!arantees.
biaya pen!r!san 'lai&* #an j!a ar!s
'as yan #atan #ari opsi yan &ele'at
#an aransi.
"b$ If the test sho)s that the liability is
ina#e+!ate* the entire #eficiency is reconise#
in profit or loss.
b. 7i'a tes &en!nj!''an bah)a 'e)ajiban
ti#a' c!'!p* sel!r!h 'e'!ranan #ia'!i
#ala& laporan laba r!i
18. If an ins!rer.s acco!ntin policies #o
not re+!ire a liability a#e+!acy test that
&eets the &ini&!& re+!ire&ents of
pararaph 18* the ins!rer shall,
18. 7i'a 'ebija'an a'!ntansi entitas as!ransi
ti#a' &ensyarat'an tes 'ec!'!pan
'e)ajiban yan &e&en!hi persyaratan
&ini&!& pararaf 18* entitas as!ransi,
"a$#eter&ine the carryin a&o!nt of the
relevant ins!rance liabilitiesB less the
carryin a&o!nt of,
a. <enent!'an nilai tercatat atas 'e)ajiban
as!ransi yan relevan #i'!rani nilai
tercatat atas,
"i$ any relate# #eferre# ac+!isition costs>
an#
i. Setiap biaya a'!isisi #itan!h'an
yan ter'ait> #an
"ii$ any relate# intanible assets* s!ch as
those ac+!ire# in a b!siness
co&bination or portfolio transfer "see
pararaphs 11 an# 12$.9o)ever*
relate# reins!rance assets are not
consi#ere# beca!se an ins!rer
acco!nts for the& separately "see
pararaph 26$.
ii. Setiap aset ti#a' ber)!j!# yan
ter'ait* seperti yan #iperoleh #ala&
penab!nan !saha ata! transfer
portfolio "lihat pararaf 11 #an 12$.
A'an tetapi* aset reas!ransi ter'ait
ti#a' #iperti&ban'an 'arena a'!n
entitas as!ransi !nt!' ini terpisah
"lihat pararaf 26$
"b$#eter&ine )hether the a&o!nt #escribe#
in "a$ is less than the carryin a&o!nt
that )o!l# be re+!ire# if the relevant
ins!rance liabilities )ere )ithin the
scope of IAS 14. If it is less* the ins!rer
shall reconise the entire #ifference in
profit or loss an# #ecrease the carryin
a&o!nt of the relate# #eferre#
ac+!isition costs or relate# intanible
assets or increase the carryin a&o!nt
of the relevant ins!rance liabilities.
b. <enent!'an apa'ah j!&lah yan
#ijelas'an h!r!f "a$ lebih 'ecil #ari nilai
tercatat yan a'an #isyarat'an ji'a
'e)ajiban as!ransi yan ter'ait a#a
#ala& r!an lin'!p PSAK 24
Ke*a$i)an Diestimasi% Ke*a$i)an
Kontin$ensi dan Aset Kontin$ensi. 7i'a
j!&lah terseb!t lebih 'ecil* entitas
as!ransi har!s &ena'!i se&!a
selisihnya pa#a laporan laba r!i #an
&en!rani nilai tercatat biaya a'!isisi
#itan!h'an yan ter'ait ata! aset
ti#a' ber)!j!# yan ter'ait ata!
&enin'at'an nilai tercatat 'e)ajiban
as!ransi ter'ait.
13. If an ins!rer.s liability a#e+!acy test
&eets the &ini&!& re+!ire&ents of
pararaph 18* the test is applie# at the level
of areation specifie# in that test. If its
liability a#e+!acy test #oes not &eet those
&ini&!& re+!ire&ents* the co&parison
#escribe# in pararaph 14 shall be &a#e at
the level of a portfolio of contracts that are
13.7i'a tes 'ec!'!pan 'e)ajiban entitas
as!ransi &e&en!hi persyaratan &ini&!&
pararaf 18* tes terseb!t #iterap'an pa#a
tin'at rata/rata "le&el o- aggregation$
spesifi' #ala& test terseb!t. 7i'a tes
'ec!'!pan 'e)ajiban ti#a' &e&en!hi
persyaratan &ini&!& terseb!t*
perban#inan yan #ijelas'an #ala&
4 (RAFT PSAK 285K0( 62622663
IFRS 4 PSAK 28
s!bject to broa#ly si&ilar ris's an#
&anae# toether as a sinle portfolio.
paraaraf 14 har!s #ib!at pa#a level
portfolio 'ontra' yan &er!pa'an s!bye'
atas risi'o/risi'o yan sa&a #an #i'elola
bersa&a/sa&a sebaai sat! portfolio.
26. The a&o!nt #escribe# in pararaph
14"b$ "ie the res!lt of applyin IAS 14$ shall
reflect f!t!re invest&ent &arins "see
pararaphs 24=23$ if* an# only if* the
a&o!nt #escribe# in pararaph 14"a$ also
reflects those &arins.
26. 7!&lah yan #ijelas'an #ala& pararaf
14"b$ "&isalnya hasil #ari penerapan PSAK
24$ har!s &ena&bar'an &arin/&arin
investasi &asa #epan "lihat pararaf 24/23$
ji'a* #an hanya ji'a* j!&lah yan #ijelas'an
#ala& pararaf 14"a$ j!a &ena&bar'an
&arin/&arin terseb!t.
I%pair%ent o' reinsurance assets Penurunan nilai atas aset reasuransi
21. If a ce#ant.s reins!rance asset is
i&paire#* the ce#ant shall re#!ce its
carryin a&o!nt accor#inly an# reconise
that i&pair&ent loss in profit or loss. A
reins!rance asset is i&paire# if* an# only if,
21. 7i'a aset reas!ransi cedant t!r!n nilainya*
cedant har!s &en!rani nilai tercatatnya
ses!ai #enan nilainya #an &ena'!i
'er!ian pen!r!nan nilai terseb!t #ala&
laporan laba r!i. Aset reas!ransi t!r!n
nilainya ji'a* #an hanya ji'a,
"a$there is objective evi#ence* as a res!lt of
an event that occ!rre# after initial
reconition of the reins!rance asset* that
the ce#ant &ay not receive all a&o!nts
#!e to it !n#er the ter&s of the contract>
an#
a. Ter#apat b!'ti obye'tif* sebaai hasil
atas 'eja#ian yan terja#i setelah
pena'!an a)al aset reas!ransi* yan
&enyebab'an cedant ti#a' &eneri&a
sel!r!h j!&lah yan ses!ai #enan
syarat/syarat 'ontra'> #an
"b$that event has a reliably &eas!rable
i&pact on the a&o!nts that the ce#ant
)ill receive fro& the reins!rer.
b. Keja#ian terseb!t &e&ili'i #a&pa'
yan #apat #i!'!r secara an#al #ala&
j!&lah/j!&lah nilai yan a'an cedant
teri&a #ari entitas reas!ransi
6*anges in accounting policies Peruba*an dala% kebiakan akutansi
22. Pararaphs 22=16 apply both to
chanes &a#e by an ins!rer that alrea#y
applies IFRSs an# to chanes &a#e by an
ins!rer a#optin IFRSs for the first ti&e.
22.Pararaf 22=16 berla'! bai' !nt!'
per!bahan yan #ila'!'an oleh entitas
as!ransi yan telah &enerap'an PSAK
Stan#ar A'!ntansi Ke!anan #an !nt!'
per!bahan yan #ila'!'an entitas as!ransi
yan &ena#opsi PSAK Stan#ar A'!ntansi
Ke!anan !nt!' perta&a 'ali.
21. An insurer %ay c*ange its
accounting policies 'or insurance
contracts i'0 and only i'0 t*e c*ange
%akes t*e 'inancial state%ents %ore
rele!ant to t*e econo%ic decision7
%aking needs o' users and no less
reliable0 or %ore reliable and no less
rele!ant to t*ose needs. An insurer s*all
udge rele!ance and reliability by t*e
criteria in IAS 8.
21.$ntitas asuransi dapat %enguba*
kebiakan akuntansi untuk kontrak
asuransi ika0 dan *anya ika0 peruba*an
tersebut %e%buat laporan keuangan
lebi* rele!an untuk kebutu*an pengguna
dala% %e%buat keputusan ekono%i dan
tidak %engurangi keandalan0 atau lebi*
andal dan tidak %engurangi rele!ansi
untuk kebutu*an tersebut. $ntitas
asuransi *arus %enilai rele!ansi dan
keandalan sesuai kriteria dala% PSAK
28.
24. To j!stify chanin its acco!ntin 24.:nt!' &enj!stifi'asi per!bahan 'ebija'an
8 (RAFT PSAK 285K0( 62622663
IFRS 4 PSAK 28
policies for ins!rance contracts* an ins!rer
shall sho) that the chane brins its
financial state&ents closer to &eetin the
criteria in IAS 8* b!t the chane nee# not
achieve f!ll co&pliance )ith those criteria.
The follo)in specific iss!es are #isc!sse#
belo),
a'!ntansi #ala& 'ontra' as!ransi* entitas
as!ransi har!s &e&b!at laporan
'e!anannya &en#e'ati 'riteria #ala&
PSAK 22* a'an tetapi per!bahan yan
#ib!t!h'an ti#a' &encapai &eni'!ti
secara pen!h "-ull compliance$ #enan
'riteria terseb!t. Is! spesifi' terseb!t
#i#is'!si'an beri'!t ini,
"a$c!rrent interest rates "pararaph 24$> a. Tin'at s!'! b!na se'aran "pararaf
24$>
"b$ contin!ation of e-istin practices
"pararaph 22$>
b. Keberlanj!tan pra'te' yan telah a#a
"pararaf 22$>
"c$ pr!#ence "pararaph 28$> c. Kehati/hatian "pararaf 28$>
"#$f!t!re invest&ent &arins "pararaphs
24=23$> an#
#. <arin investasi &asa #epan "pararaf
24=23$> #an
"e$sha#o) acco!ntin "pararaph 16$. e. A'!ntansi Se&entara bayanan "sha#o)
acco!ntin$ "pararaf 16$.
6urrent %arket interest rates "ingkat suku bunga pasar sekarang
22. An ins!rer is per&itte#* b!t not
re+!ire#* to chane its acco!ntin policies
so that it re&eas!res #esinate# ins!rance
liabilitiesB to reflect c!rrent &ar'et interest
rates an# reconises chanes in those
liabilities in profit or loss. At that ti&e* it &ay
also intro#!ce acco!ntin policies that
re+!ire other c!rrent esti&ates an#
ass!&ptions for the #esinate# liabilities.
The election in this pararaph per&its an
ins!rer to chane its acco!ntin policies for
#esinate# liabilities* )itho!t applyin those
policies consistently to all si&ilar liabilities
as IAS 8 )o!l# other)ise re+!ire. If an
ins!rer #esinates liabilities for this
election* it shall contin!e to apply c!rrent
&ar'et interest rates "an#* if applicable* the
other c!rrent esti&ates an# ass!&ptions$
consistently in all perio#s to all these
liabilities !ntil they are e-tin!ishe#.
22. 0ntitas as!ransi #iijin'an* tetapi ti#a'
#isyarat'an* !nt!' &en!bah 'ebija'an
a'!ntansi sehina entitas &en!'!r
'e&bali 'e)ajiban as!ransi yan #ipilih
!nt!' &erefle'si'an tin'at s!'! b!na
pasar 'ini #an &ena'!i per!bahan atas
'e)ajiban #ala& laporan laba r!i. Pa#a
saat it!* j!a* entitas #apat &enenal'an
'ebija'an a'!ntansi yan &ensyarat'an
esti&asi 'ini lainnya #an as!&si !nt!'
'e)ajiban yan #ipilih terseb!t. Pe&ilihan
#ala& pararaf ini &enijin'an entitas
as!ransi !nt!' &en!bah 'ebija'an
a'!ntansi !nt!' 'e)ajiban yan #ipilih*
tanpa &enerap'an 'ebija'an terseb!t
secara 'onsisten 'epa#a sel!r!h 'e)ajiban
yan sa&a sebaai&ana PSAK 22
syarat'an. 7i'a entitas as!ransi &en#esain
'e)ajiban !nt!' pe&ilihan ini* &a'a it!
har!s #ilanj!t'anentitas &elanj!t'an !nt!'
&en!na'an !nt!' tin'at s!'! b!na
pasar 'ini "#an* ji'a #apat #iterap'an*
esti&asi #an as!&si 'ini lainnya #an
as!&si/as!&si$ secara 'onsisten #ala&
sel!r!h perio#e 'e)ajiban terseb!t sa&pai
bera'hirnya 'e)ajiban terseb!t.
6ontinuation o' e,isting practices Keberlanutan praktek yang tela* ada
28. An ins!rer &ay contin!e the follo)in
practices* b!t the intro#!ction of any of
the& #oes not satisfy pararaph 22,
28.0ntitas as!ransi #apat &elanj!t'an pra'te'/
pra'te' beri'!t* tapi &e&!lainya a'an
bertentanan #enan pararaf 22,
"a$ &eas!rin ins!rance liabilities on an
!n#isco!nte# basis.
a. &en!'!r 'e)ajiban as!ransi #enan
#asar ti#a' #i#is'onto.
3 (RAFT PSAK 285K0( 62622663
IFRS 4 PSAK 28
"b$ &eas!rin contract!al rihts to f!t!re
invest&ent &anae&ent fees at an
a&o!nt that e-cee#s their fair val!e as
i&plie# by a co&parison )ith c!rrent
fees chare# by other &ar'et
participants for si&ilar services. It is
li'ely that the fair val!e at inception of
those contract!al rihts e+!als the
oriination costs pai#* !nless f!t!re
invest&ent &anae&ent fees an#
relate# costs are o!t of line )ith &ar'et
co&parables.
b. &en!'!r ha' 'ontra't!al !nt!' -ee
&anaje&en investasi &asa #epan pa#a
j!&lah yan &elebihi nilai )ajar seperti
#inyata'an &elal!i perban#inan
#enan fee se'aran yan #i'ena'an
oleh anota pasar lainnya !nt!' jasa
sejenis. 9al ini sa&a bah)a nilai )ajar
pa#a saat &e&!lai ha' 'ontra't!al
terseb!t sa&a #enan biaya/biaya
&e&!lainya yan #ibayar'an* 'ec!ali fee
&anaje&en investasi &asa #epan ter'ait
#an biaya/biaya ter'aitnya ja!h #il!ar
perban#inan #enan pasar.
"c$ !sin non/!nifor& acco!ntin policies
for the ins!rance contracts "an# relate#
#eferre# ac+!isition costs an# relate#
intanible assets* if any$ of
s!bsi#iaries* e-cept as per&itte# by
pararaph 24. If those acco!ntin
policies are not !nifor&* an ins!rer
&ay chane the& if the chane #oes
not &a'e the acco!ntin policies &ore
#iverse an# also satisfies the other
re+!ire&ents in this IFRS.
c. <en!na'an 'ebija'an a'!ntansi yan
ti#a' seraa& !nt!' 'ontra' as!ransi
"#an biaya a'!isisi #itan!h'an yan
ter'ait #an aset ti#a' ber)!j!# ter'ait*
ji'a a#a$ atas entitas ana'* 'ec!ali yan
#iijin'an oleh pararaf 24. 7i'a 'ebija'an
a'!ntansi terseb!t ti#a' seraa&* entitas
as!ransi #apat &en!bahnya ji'a
per!bahan ti#a' &e&b!at 'ebija'an
a'!ntansi se&a'in beraa& #an j!a
&e&en!hi persyaratan lainnya #ala&
Pernyataan ini.
Prudence Ke*ati7*atian
24. An ins!rer nee# not chane its
acco!ntin policies for ins!rance contracts
to eli&inate e-cessive pr!#ence. 9o)ever*
if an ins!rer alrea#y &eas!res its ins!rance
contracts )ith s!fficient pr!#ence* it shall
not intro#!ce a##itional pr!#ence.
24. 0ntitas as!ransi ti#a' perl! &en!bah
'ebija'an a'!ntansi 'ontra' as!ransi !nt!'
&eneli&inasi si'ap 'ehati/hatian yan
berlebih. %aai&anap!n* ji'a entitas
as!ransi s!#ah &en!'!r 'ontra'
as!ransinya #enan si'ap 'ehati/hatian
yan c!'!p* ti#a' #iperl!'an lai 'ebija'an
'ehati/hatian ta&bahan.
Future in!est%ent %argins (argin in!estasi %asa depan
28. An ins!rer nee# not chane its
acco!ntin policies for ins!rance contracts
to eli&inate f!t!re invest&ent &arins.
9o)ever* there is a reb!ttable pres!&ption
that an ins!rer.s financial state&ents )ill
beco&e less relevant an# reliable if it
intro#!ces an acco!ntin policy that reflects
f!t!re invest&ent &arins in the
&eas!re&ent of ins!rance contracts*
!nless those &arins affect the contract!al
pay&ents. T)o e-a&ples of acco!ntin
policies that reflect those &arins are,
28. 0ntitas as!ransi ti#a' perl! &en!bah
'ebija'an a'!ntansi 'ontra' as!ransi !nt!'
&eneli&inasi &arin investasi &asa
#epan. ?a&!n #e&i'ian* ter#apat as!&si
a)al yan #apat #iper#ebat'an bah)a
laporan 'e!anan entitas as!ransi a'an
&enja#i '!ran relevan #an an#al ji'a
'ebija'an a'!ntansi &erefle'si'an &arin
investasi &asa #epan #ala& pen!'!ran
'ontra' as!ransi* 'ec!ali &arin/&arin
terseb!t &e&penar!hi pe&bayaran
'ontra'. (!a contoh 'ebija'an a'!ntansi
yan &erefle'si'an &arin terseb!t a#alah,
"a$!sin a #isco!nt rate that reflects the
esti&ate# ret!rn on the ins!rer.s assets>
a. <en!na'an tin'at #is'onto yan
&erefle'si'an esti&asi tin'at
16 (RAFT PSAK 285K0( 62622663
IFRS 4 PSAK 28
or pene&balian aset entitas as!ransi>
ata!
"b$projectin the ret!rns on those assets at
an esti&ate# rate of ret!rn* #isco!ntin
those projecte# ret!rns at a #ifferent rate
an# incl!#in the res!lt in the
&eas!re&ent of the liability.
b. <e&proye'si'an tin'at pene&balian
atas aset pa#a tin'at pene&balian
esti&asi* &en#is'onto'an
pene&balian proye' terseb!t pa#a
s!'! b!na yan berbe#a #an
&e&as!''an hasilnya #ala&
pen!'!ran 'e)ajiban.
23. An ins!rer &ay overco&e the
reb!ttable pres!&ption #escribe# in
pararaph 24 if* an# only if* the other
co&ponents of a chane in acco!ntin
policies increase the relevance an#
reliability of its financial state&ents
s!fficiently to o!t)eih the #ecrease in
relevance an# reliability ca!se# by the
incl!sion of f!t!re invest&ent &arins. For
e-a&ple* s!ppose that an ins!rer.s e-istin
acco!ntin policies for ins!rance contracts
involve e-cessively pr!#ent ass!&ptions
set at inception an# a #isco!nt rate
prescribe# by a re!lator )itho!t #irect
reference to &ar'et con#itions* an# inore
so&e e&be##e# options an# !arantees.
The ins!rer &iht &a'e its financial
state&ents &ore relevant an# no less
reliable by s)itchin to a co&prehensive
investor/oriente# basis of acco!ntin that is
)i#ely !se# an# involves,
23.0ntitas as!ransi #apat &enatasi as!&si
a)al yan #apat #iper#ebat'an seperti
#ijelas'an #ala& pararaf 24 ji'a* #an
hanya ji'a* 'o&ponen lain atas per!bahan
'ebija'an a'!ntansi &enin'at'an relevansi
#an 'ean#alan laporan 'e!anan #enan
c!'!p &e&a#ai !nt!' &eni&bani
pen!r!nan #ala& relevansi #an 'ean#alan
yan #isebab'an oleh pena&bahan &arin
investasi &as#a #epan. Sebaai contoh*
bayan'an bah)a 'ebija'an a'!ntansi
entitas as!ransi !nt!' 'ontra' as!ransi
yan a#a se'aran &elibat'an as!&si
'ehati/hatian yan berlebihan #an tin'at
s!'! b!na yan #i)ajib'an oleh re!lator
tanpa &elihat lans!n 'on#isi pasar* #an
&enabai'an beberapa opsi &ele'at #an
aransi. 0ntitas as!ransi bisa &e&b!at
laporan 'e!anannya lebih relevan #an
ti#a' ber'!ran 'ean#alannya #enan
&en!bah basis a'!ntansi yan
berorientasi pa#a investor secara
'o&prehensif yan #i!na'an secara l!as
#an &elibat'an,
"a$ c!rrent esti&ates an# ass!&ptions> a. esti&asi 'ini #an as!&si/as!&si>
"b$ a reasonable "b!t not e-cessively
pr!#ent$ a#j!st&ent to reflect ris' an#
!ncertainty>
b. penyes!aian yan laya' "ti#a' berlebihan
'ehati/hatiannya$ !nt!'
&ena&bar'an'an risi'o #an
'eti#a'pastian>
"c$ &eas!re&ents that reflect both the
intrinsic val!e an# ti&e val!e of
e&be##e# options an# !arantees>
an#
c. pen!'!ran yan &ena&bar'an bai'
nilai intrinsi' #an nilai )a't! atas opsi
&ele'at #an ja&inan> #an
"#$ a c!rrent &ar'et #isco!nt rate* even if
that #isco!nt rate reflects the esti&ate#
ret!rn on the ins!rer.s assets.
#. tin'at #is'onto pasar 'ini* bah'an ji'a
tin'at #is'onto &ena&bar'an
esti&asi tin'at pene&balian aset
entitas as!ransi.
16. In so&e &eas!re&ent approaches* the
#isco!nt rate is !se# to #eter&ine the
present val!e of a f!t!re profit &arin. That
profit &arin is then attrib!te# to #ifferent
16. (ala& beberapa pen#e'atan pen!'!ran*
tin'at #is'onto #i!na'an !nt!'
&enent!'an nilai 'ini atas &arin laba
&asa #epan. <arin laba terseb!t
11 (RAFT PSAK 285K0( 62622663
IFRS 4 PSAK 28
perio#s !sin a for&!la. In those
approaches* the #isco!nt rate affects the
&eas!re&ent of the liability only in#irectly.
In partic!lar* the !se of a less appropriate
#isco!nt rate has a li&ite# or no effect on
the &eas!re&ent of the liability at
inception. 9o)ever* in other approaches*
the #isco!nt rate #eter&ines the
&eas!re&ent of the liability #irectly. In the
latter case* beca!se the intro#!ction of an
asset/base# #isco!nt rate has a &ore
sinificant effect* it is hihly !nli'ely that an
ins!rer co!l# overco&e the reb!ttable
pres!&ption #escribe# in pararaph 24.
'e&!#ian #iattrib!si'an 'e perio#e yan
berbe#a #enan &en!na'an s!at!
for&!la. Atas pen#e'atan terseb!t* tin'at
#is'onto &e&penar!hi pen!'!ran
'e)ajiban hanya secara ti#a' lans!n.
(ala& 'on#isi tertent!* pen!naan tin'at
#is'onto yan '!ran tepat tin'at #is'onto
&e&p!nyai penar!h terbatas ata! sa&a
se'ali ti#a' terpenar!h #ala&
&e&penar!hi pen!'!ran 'e)ajiban pa#a
saat penerbitan. ?a&!n* #ala& pen#e'atan
lainnya* tin'at #is'onto &enent!'an
pen!'!ran 'e)ajiban secara lans!n.
:nt!' 'as!s selanj!tnya* 'arena
penenalan atas tin'at #is'onto
ber#asar'an aset &e&ili'i penar!h lebih
sinifi'an* 'e&!n'inan besar entitas
as!ransi ti#a' #apat &eni&bani as!&si
a)al yan #apat #iper#ebat'an seperti
#ala& pararaf 24.
S*ado. accounting Akuntansi se%entarabayangan 1Shadow
accounting4
11. In so&e acco!ntin &o#els* realise#
ains or losses on an ins!rer.s assets have
a #irect effect on the &eas!re&ent of so&e
or all of "a$ its ins!rance liabilities* "b$
relate# #eferre# ac+!isition costs an# "c$
relate# intanible assets* s!ch as those
#escribe# in pararaphs 11 an# 12. An
ins!rer is per&itte#* b!t not re+!ire#* to
chane its acco!ntin policies so that a
reconise# b!t !nreali@e# ain or loss on
an asset affects those &eas!re&ents in the
sa&e )ay that a realise# ain or loss #oes.
The relate# a#j!st&ent to the ins!rance
liability "or #eferre# ac+!isition costs or
intanible assets$ shall be reconise# in
other co&prehensive inco&e if* an# only if*
the !nrealise# ains or losses are
reconise# in other co&prehensive inco&e.
This practice is so&eti&es #escribe# as
Csha#o) acco!ntin..
11.(ala& beberapa &o#el a'!ntansi*
'e!nt!nan ata! 'er!ian yan
#irealisasi'an atas aset entitas as!ransi
&e&ili'i penar!h lans!n #ala&
pen!'!ran beberapa ata! se&!a #ari, "a$
'e)ajiban as!ransinya* "b$ biaya a'!isisi
#itan!h'an yan ter'ait #an "c$ aset ti#a'
ber)!j!# yan ter'ait* seperti yan
#ijelas'an #ala& pararaf 11 #an 12.
0ntitas as!ransi #iijin'an* tapi ti#a'
#isyarat'an !nt!' &er!bah 'ebija'an
a'!ntansinya sehina 'e!nt!nan ata!
'er!ian yan #ia'!i na&!n bel!&
#irealisasi'an atas aset yan
&e&penar!hi pen!'!ran terseb!t
#enan cara yan sa&a 'eti'a 'e!nt!nan
#an 'er!ian #irealisasi'an. Penyes!aian
ter'ait atas 'e)ajiban as!ransi "ata! biaya
a'!isisi #itan!h'an #an aset ti#a'
ber)!j!#$ har!s #ia'!i #ala& pen#apatan
'o&prehensif lainnya ji'a* #an hanya ji'a*
'e!nt!nan ata! 'er!ian yan bel!&
#irealisasi'an #ia'!i #ala& pen#apatan
'o&prehensif lainnya. Pra'te' ini serin
j!a #ijelas'an sebaai Da'!ntansi
bayananEA'!ntansi Se&entara.
Insurance contracts ac-uired in a business
co%bination or port'olio trans'er
Kontrak asuransi yang diperole* dala%
penggabungan usa*a atau trans'er port'olio
12 (RAFT PSAK 285K0( 62622663
IFRS 4 PSAK 28
12. To co&ply )ith IFRS 1* an ins!rer
shall* at the ac+!isition #ate* &eas!re at
fair val!e the ins!rance liabilities ass!&e#
an# insurance assets ac+!ire# in a
b!siness co&bination. 9o)ever* an ins!rer
is per&itte#* b!t not re+!ire#* to !se an
e-pan#e# presentation that splits the fair
val!e of ac+!ire# ins!rance contracts into
t)o co&ponents,
12.:nt!' t!n#!' pa#a PSAK 22* entitas
as!ransi pa#a tanal a'!isisi har!s*
&en!'!r pa#a nilai )ajar 'e)ajiban
as!ransi yan #ias!&si'an #an aset
as!ransi yan #iperoleh #ala&
penab!nan !saha. ?a&!n* entitas
as!ransi #iijin'an* tapi ti#a' #isyarat'an*
!nt!' &en!na'an penyajian #iperl!as
yan &e&bai nilai )ajar 'ontra' as!ransi
yan #iperoleh &enja#i #!a 'o&ponen,
"a$ a liability &eas!re# in accor#ance )ith
the ins!rer.s acco!ntin policies for
ins!rance contracts that it iss!es> an#
"a$ 'e)ajiban yan #i!'!r ses!ai #enan
'ebija'an a'!ntansi entitas as!ransi
!nt!' 'ontra' as!ransi yan #iterbit'an
"b$ an intanible asset* representin the
#ifference bet)een "i$ the fair val!e of
the contract!al ins!rance rihts
ac+!ire# an# ins!rance obliations
ass!&e# an# "ii$ the a&o!nt #escribe#
in "a$. The s!bse+!ent &eas!re&ent
of this asset shall be consistent )ith
the &eas!re&ent of the relate#
ins!rance liability.
"b$ aset ti#a' ber)!j!#* yan &enyaji'an
perbe#aan antara "i$ nilai )ajar atas ha'
perjanjian as!ransi yan #iperoleh #an
'e)ajiban as!ransi yan #ias!&si'an
#an "ii$ j!&lah yan #ijelas'an #ala&
h!r!f "a$. Pen!'!ran beri'!tnya atas
aset ini har!s 'onsisten #enan
pen!'!ran 'e)ajiban as!ransi ter'ait.
11. An ins!rer ac+!irin a portfolio of
ins!rance contracts &ay !se the e-pan#e#
presentation #escribe# in pararaph 11.
11.S!at! entitas as!ransi yan &e&peroleh
s!at! portfolio 'ontra' as!ransi #apat
&en!na'an penyajian #iperl!as seperti
yan #ijelas'an #ala& pararaf 11.
14. The intanible assets #escribe# in
pararaphs 11 an# 12 are e-cl!#e# fro&
the scope of IAS 18 Impairment o- Assets
an# IAS 18. 9o)ever* IAS 18 an# IAS 18
apply to c!sto&er lists an# c!sto&er
relationships reflectin the e-pectation of
f!t!re contracts that are not part of the
contract!al ins!rance rihts an# contract!al
ins!rance obliations that e-iste# at the
#ate of a b!siness co&bination or portfolio
transfer.
14.Aset ti#a' ber)!j!# yan #ijelas'an #ala&
pararaf 11 #an 12 ti#a' ter&as!' #ala&
r!an lin'!p PSAK 48 Penurunan Nilai
Aset #an PSAK 13 Aset 4ida ,er*u$ud.
?a&!n* PSAK 48 #an PSAK 13 berla'!
!nt!' #aftar pelanan #an h!b!nan
pelanan yan &ena&bar'an
e'spe'tasi atas 'ontra' &asa #epan yan
b!'an &er!pa'an baian #ari ha' 'ontra'
as!ransi #an 'e)ajiban as!ransi yan a#a
pa#a saat penab!nan !saha ata!
transfer portfolio.
&iscretionary participation 'eatures Fitur partisipasi tidak %engikat
&iscretionary participation 'eatures in
insurance contracts
Fitur partisipasi tidak %engikat dala%
kontrak asuransi
12. So&e ins!rance contracts contain a
#iscretionary participation feat!re as )ell as
a !arantee# ele&ent. The iss!er of s!ch a
contract,
12.%eberapa 'ontra' as!ransi &enan#!n
fit!r partisipasi ti#a' &eni'at seperti halnya
ele&en ja&inan. Penerbit 'ontra' seperti
it!,
"a$ &ay* b!t nee# not* reconise the
!arantee# ele&ent separately fro&
the#iscretionary participation feat!re. If
(a) #apat* tapi ti#a' perl! &ena'!i ele&en
ja&inan secara terpisah #ari fit!r
partisipasi ti#a' &eni'at. 7i'a penerbit
11 (RAFT PSAK 285K0( 62622663
IFRS 4 PSAK 28
the iss!er #oes not reconise the&
separately* it shall classify the )hole
contract as a liability. If the iss!er
classifies the& separately* it shall
classify the !arantee# ele&ent as a
liability.
ti#a' &ena'!inya secara terpisah*
entitas har!s #i'lasifi'asi'an
&en'lasifi'asi'an 'esel!r!han 'ontra'
sebaai 'e)ajiban. 7i'a penerbit
&en'lasifi'asi'annya secara terpisah*
entitas har!s &en'lasifi'asi'an
ele&en ja&inan it! sebaai 'e)ajiban.
"b$ shall* if it reconises the #iscretionary
participation feat!re separately fro&
the !arantee# ele&ent* classify that
feat!re as either a liability or a
separate co&ponent of e+!ity. This
IFRS #oes not specify ho) the iss!er
#eter&ines )hether that feat!re is a
liability or e+!ity. The iss!er &ay split
that feat!re into liability an# e+!ity
co&ponents an# shall !se a consistent
acco!ntin policy for that split. The
iss!er shall not classify that feat!re as
an inter&e#iate cateory that is neither
liability nor e+!ity.
(b) har!s &en'lasifi'asi fit!r partisipasi
ti#a' &eni'at bai' sebaai 'e)ajiban
ata! 'o&ponen e'!itas yan terpisah
ji'a entitas &ena'!i fit!r partisipasi
ti#a' &eni'at secara terpisah #ari
ele&en ja&inan. Pernyataan ini ti#a'
&eni#entifi'asi baai&ana penerbit
&enent!'an apa'ah fit!r terseb!t
'e)ajiban ata! e'!itas. Penerbit boleh
&e&bai fit!r terseb!t 'e #ala&
'o&ponen 'e)ajiban #an e'!itas #an
har!s &en!na'an 'ebija'an terseb!t
secara 'onsisten. Penerbit ti#a' boleh
&en'lasifi'asi'an fit!r terseb!t
sebaai 'ateori antara "intermediate$
yan b!'an 'e)ajiban #an b!'an p!la
e'!itas.
"c$ &ay reconise all pre&i!&s receive#
as reven!e )itho!t separatin any
portion that relates to the e+!ity
co&ponent. The res!ltin chanes in
the !arantee# ele&ent an# in the
portion of the #iscretionary participation
feat!re classifie# as a liability shall be
reconise# in profit or loss. If part or all
of the #iscretionary participation
feat!re is classifie# in e+!ity* a portion
of profit or loss &ay be attrib!table to
that feat!re "in the sa&e )ay that a
portion &ay be attrib!table to non/
controllin interests$. The iss!er shall
reconise the portion of profit or loss
attrib!table to any e+!ity co&ponent of
a #iscretionary participation feat!re as
an allocation of profit or loss* not as
e-pense or inco&e "see IAS 1
Presentation o- Financial Statements$.
(c) #apat &ena'!i sel!r!h aio pre&i
yan #iteri&a sebaai pen#apatan
tanpa &e&isah'an setiap porsi yan
ter'ait #enan 'o&ponen e'!itas. 9asil
#ari per!bahan #ala& ele&en aransi
#an #ala& porsi fit!r partisipasi ti#a'
&eni'at yan #i'lasifi'asi'an sebaai
'e)ajiban har!s #ia'!i #ala& laporan
laba r!i. 7i'a sebaian ata! sel!r!h
fit!r partisipasi ti#a' &eni'at
#i'lasifi'asi'an #ala& e'!itas* sebaian
atas laba/r!i boleh #iattrib!si'an 'e
fit!r terseb!t "#enan cara yan sa&a
baian terseb!t #apat #iattrib!si'an 'e
'epe&ili'an b!'an penen#ali$.
Penerbit har!s &ena'!i baian atas
laba r!i yan #iattrib!si'an 'e setiap
'o&ponen e'!itas atas fit!r partisipasi
ti#a' &eni'at sebaai s!at! alo'asi
laba r!i* b!'an sebaai beban ata!
pen#apatan "lihat PSAK 1 Penya$ian
(aporan Keuangan$.
"#$ shall* if the contract contains an
e&be##e# #erivative )ithin the scope
of IAS 13* apply IAS 13 to that
e&be##e# #erivative.
(d) 9ar!s &enerap'an PSAK 22 !nt!'
#erivatif &ele'at* ji'a 'ontra'
&enan#!n #erivatif &ele'at ses!ai
#enan r!an lin'!p PSAK 22.
14 (RAFT PSAK 285K0( 62622663
IFRS 4 PSAK 28
"e$ shall* in all respects not #escribe# in
pararaphs 14=26 an# 14"a$="#$*
contin!e its e-istin acco!ntin policies
for s!ch contracts* !nless it chanes
those acco!ntin policies in a )ay that
co&plies )ith pararaphs 21=16.
(e) har!s &elanj!t'an 'ebija'an a'!ntansi
yan telah a#a !nt!' 'ontra'/'ontra'*
ter'ait #enan yan ti#a' #ijelas'an
#ala& pararaf 14=26 #an 14"a$="#$*
'ec!ali ji'a per!bahan 'ebija'an
a'!ntansi terseb!t !nt!' t!n#!' pa#a
pararaf 21=16.
&iscretionary participation 'eatures in
'inancial instru%ents
Fitur partisipasi tidak %engikat dala%
instru%en keuangan
18. The re+!ire&ents in pararaph 14
also apply to a financial instr!&ent that
contains a #iscretionary participation
feat!re. In a##ition,
18.Persyaratan #ala& pararaf 14 j!a berla'!
!nt!' instr!&en 'e!anan yan
&enan#!n fit!r partisipasi ti#a' &eni'at.
Sebaai ta&bahan,
"a$ if the iss!er classifies the entire
#iscretionary participation feat!re as a
liability* it shall apply the liability
a#e+!acy test in pararaphs 12=13 to
the )hole contract "ie both the
!arantee# ele&ent an# the
#iscretionary participation feat!re$. The
iss!er nee# not #eter&ine the a&o!nt
that )o!l# res!lt fro& applyin IAS 13
to the !arantee# ele&ent.
(a) ji'a entitas as!ransi &en'lasifi'asi
sel!r!h fit!r partisipasi ti#a' &eni'at
sebaai 'e)ajiban* &a'a entitas har!s
&enerap'an tes 'ec!'!pan 'e)ajiban
#ala& pararaf 12=13 !nt!' sel!r!h
'ontra' "&isalnya bai' ele&en ja&inan
#an fit!r partisipasi ti#a' &eni'at$.
Penerbit ti#a' perl! &enent!'an j!&lah
yan a'an #ihasil'an #ari &enerap'an
PSAK 22 !nt!' ele&en ja&inan.
"b$ if the iss!er classifies part or all of that
feat!re as a separate co&ponent of
e+!ity* the liability reconise# for the
)hole contract shall not be less than
the a&o!nt that )o!l# res!lt fro&
applyin IAS 13 to the !arantee#
ele&ent. That a&o!nt shall incl!#e the
intrinsic val!e of an option to s!rren#er
the contract* b!t nee# not incl!#e its
ti&e val!e if pararaph 3 e-e&pts that
option fro& &eas!re&ent at fair val!e.
The iss!er nee# not #isclose the
a&o!nt that )o!l# res!lt fro& applyin
IAS 13 to the !arantee# ele&ent* nor
nee# it present that a&o!nt separately.
F!rther&ore* the iss!er nee# not
#eter&ine that a&o!nt if the total
liability reconise# is clearly hiher.
(b) ji'a entitas as!ransi &en'lasifi'asi'an
sebaian ata! sel!r!h fit!r sebaai
'o&ponen e'!itas terpisah* 'e)ajiban
yan #ia'!i !nt!' sel!r!h 'ontra' har!s
ti#a' boleh '!ran #ari j!&lah yan
a'an #ihasil'an #ari &enerap'an PSAK
22 !nt!' ele&en ja&inan. 7!&lah
terseb!t har!s ter&as!' nilai intrinsi'
atas opsi &enyerah'an 'ontra'* tapi
ti#a' perl! &e&as!''an nilai )a't! ji'a
pararaf 3 &enec!ali'an opsi terseb!t
#ari pen!'!ran pa#a nilai )ajar.
Penerbit ti#a' perl! &en!n'ap'an
nilai yan a'an #ihasil'an #ari
&enerap'an penerapan PSAK 22 !nt!'
ele&en ja&inan* j!a ti#a' perl!
&enyaji'an j!&lah terseb!t secara
terpisah. ;ebih lanj!t* penerbit ti#a'
perl! &enent!'an j!&lah terseb!t ji'a
total 'e)ajiban yan #ia'!i jelas/jelas
lebih tini.
"c$ altho!h these contracts are financial
instr!&ents* the iss!er &ay contin!e to
reconise the pre&i!&s for those
contracts as reven!e an# reconise as
an e-pense the res!ltin increase in
the carryin a&o!nt of the liability.
(c) <es'ip!n 'ontra'/'ontra' terseb!t
a#alah instr!&en 'e!anan* penerbit
boleh &elanj!t'an !nt!' &ena'!i aio
pre&i #ari 'ontra' terseb!t sebaai
pen#apatan #an &ena'!i sebaai
s!at! beban atas hasil 'enai'an j!&lah
12 (RAFT PSAK 285K0( 62622663
IFRS 4 PSAK 28
terba)a 'e)ajiban.
"#$ altho!h these contracts are financial
instr!&ents* an iss!er applyin
pararaph 26"b$ of IFRS 4 to contracts
)ith a #iscretionary participation
feat!re shall #isclose the total interest
e-pense reconise# in profit or loss*
b!t nee# not calc!late s!ch interest
e-pense !sin the effective interest
&etho#.
(d) <es'ip!n 'ontra'/'ontra' terseb!t
a#alah instr!&en 'e!anan* penerbit
penerbit "issuer$ yan &enerap'an
pararaf 26"b$ PSAK 11 !nt!' 'ontra'
#enan fit!r partisipasi ti#a' &eni'at
har!s &en!n'ap'an total beban
b!na yan #ia'!i #ala& laba r!i* tapi
ti#a' perl! &enhit!n beban b!na
seperti it! #enan &en!na'an
&eto#e s!'! b!na efe'tif "e--ecti&e
interest met.od$.
&isclosure Pengungkapan
$,planation o' recognised a%ounts Penelasan atas u%la*7u%la* yang diakui
14. An insurer s*all disclose
in'or%ation t*at identi'ies and e,plains
t*e a%ounts in its 'inancial state%ents
arising 'ro% insurance contracts.
14.$ntitas asuransi *arus %engungkapkan
in'or%asi yang %engidenti'ikasi dan
%enelaskan u%la*7u%la* dala%
laporan keuangannya yang %uncul dari
kontrak asuransi.
18. To co&ply )ith pararaph 18* an
ins!rer shall #isclose,
18. :nt!' t!n#!' #enan pararaf 18* entitas
as!ransi har!s &en!n'ap'an,
"a$ its acco!ntin policies for ins!rance
contracts an# relate# assets* liabilities*
inco&e an# e-pense.
"a$ Kebija'an a'!ntansi !nt!' 'ontra'
as!ransi #an aset* 'e)ajiban*
pen#apatan #an beban ter'ait.
"b$ the reconise# assets* liabilities*
inco&e an# e-pense "an#* if it presents
its state&ent of cash flo)s !sin the
#irect &etho#* cash flo)s$ arisin fro&
ins!rance contracts. F!rther&ore* if the
ins!rer is a ce#ant* it shall #isclose,
"b$ Aset* 'e)ajiban* pen#apatan #an beban
yan #ia'!i "#an* ji'a laporan ar!s 'as
#isaji'an #enan &eto#e lans!n*
ar!s 'as$ yan &!nc!l #ari 'ontra'
as!ransi. ;ebih lanj!t* ji'a entitas
as!ransi a#alah cedant* har!s
&en!n'ap'an,
"i$ ains an# losses reconise# in
profit or loss on b!yin
reins!rance> an#
i. Ke!nt!nan #an 'er!ian yan
#ia'!i #ala& laporan laba r!i atas
pe&belian reas!ransi
"ii$ if the ce#ant #efers an# a&ortises
ains an# losses arisin on b!yin
reins!rance* the a&ortisation for
the perio# an# the a&o!nts
re&ainin !na&ortise# at the
beinnin an# en# of the perio#.
ii. 7i'a cedant &en!n#a #an
&ena&ortisasi 'e!nt!nan #an
'er!ian yan &!nc!l #ari
pe&belian reas!ransi* a&ortisasi
!nt!' perio#e terseb!t #an sisa
j!&lah yan bel!& #ia&ortisasi
pa#a a)al #an a'hir perio#e
"c$ the process !se# to #eter&ine the
ass!&ptions that have the reatest
effecton the &eas!re&ent of the
reconise# a&o!nts #escribe# in "b$.
Fhen practicable* an ins!rer shall also
ive +!antifie# #isclos!re of those
ass!&ptions.
"c$ Proses yan #i!na'an !nt!'
&enent!'an as!&si/as!&si yan
&e&ili'i penar!h terbesar #ala&
pen!'!ran atas j!&lah/j!&lah yan
#ia'!i seperti yan #ijelas'an #ala&
h!r!f "b$. 7i'a pra'tis #ila'!'an* entitas
as!ransi j!a har!s &e&beri'an
pen!n'apan '!antitatif atas as!&si/
as!&si terseb!t.
18 (RAFT PSAK 285K0( 62622663
IFRS 4 PSAK 28
"#$ the effect of chanes in ass!&ptions
!se# to &eas!re ins!rance assets an#
ins!rance liabilities* sho)in separately
the effect of each chane that has a
&aterial effect on the financial
state&ents.
"#$ Penar!h atas per!bahan #ala&
as!&si yan #i!na'an !nt!'
&en!'!r aset as!ransi #an 'e)ajiban
as!ransi* yan &enyaji'an secara
terpisah penar!h &asin/&asin
per!bahan yan &e&ili'i efe' &aterial
#ala& laporan 'e!anan
"e$ reconciliations of chanes in ins!rance
liabilities* reins!rance assets an#* if
any* relate# #eferre# ac+!isition costs.
"e$ Re'onsiliasi atas per!bahan #ala&
'e)ajiban as!ransi* aset reas!ransi
#an* ji'a a#a* biaya a'!isisi
#itan!h'an yan ter'ait.
Nature and e,tent o' risks arising 'ro%
insurance contracts
Si'at dan tingkat risiko yang %uncul dari
kontrak asuransi
13. An insurer s*all disclose
in'or%ation t*at enables users o' its
'inancial state%ents to e!aluate t*e
nature and e,tent o' risks arising 'ro%
insurance contracts.
13.$ntitas asuransi *arus %engungkapkan
in'or%asi yang bisa %e%buat pengguna
laporan keuangannya %enge!aluasi si'at
dan tingkat risiko yang %uncul dari
kontrak asuransi.
46. To co&ply )ith pararaph 18* an
ins!rer shall #isclose,
46.:nt!' t!n#!' #enan pararaf 18* s!at!
entitas as!ransi har!s &en!n'ap'an,
"a$ its objectives* policies an# processes
for &anain ris's arisin fro&
ins!rance contracts an# the &etho#s
!se# to &anae those ris's.
"a$ t!j!an* 'ebija'an #an proses #ala&
penelolaan risi'o yan &!nc!l #ari
'ontra' as!ransi #an &eto#e yan
#i!na'an !nt!' &enelola risi'o
terseb!t.
"b$ G#elete#H "b$ G(ihap!sH
"c$ infor&ation abo!t insurance ris "both
before an# after ris' &itiation by
reins!rance$* incl!#in infor&ation
abo!t,
"c$ infor&asi tentan risio asuransi "bai'
sebel!& #an ses!#ah &itiasi risi'o
oleh reas!ransi$* ter&as!' infor&asi
tentan,
"i$ sensitivity to ins!rance ris' "see
pararaph 13A$.
i. sensitivitas !nt!' risi'o as!ransi
">lihat pararaf 13A$
"ii$ concentrations of ins!rance ris'*
incl!#in a #escription of ho)
&anae&ent #eter&ines
concentrations an# a #escription of
theshare# characteristic that
i#entifies each concentration "e
type of ins!re# event* eoraphical
area* or c!rrency$.
ii. 'onsentrasi risi'o as!ransi*
ter&as!' #es'ripsi baai&ana
&anaje&en &enent!'an
'onsentrasi #an #es'ripsi
'ara'teristi' yan &eni#entifi'asi
&asin/&asin 'onsentrasi
"&isalnya jenis 'eja#ian yan
#ias!ransi'an* area eorafis* ata!
&ata !an$
"iii$ act!al clai&s co&pare# )ith
previo!s esti&ates "ie clai&s
#evelop&ent$. The #isclos!re abo!t
clai&s #evelop&ent shall o bac' to
the perio# )hen the earliest &aterial
clai& arose for )hich there is still
!ncertainty abo!t the a&o!nt an#
iii. 'lai& a't!al #iban#in'an #enan
esti&asi sebel!&nya "&isalnya
'lai& pene&banan$.
Pen!n'apan atas 'lai&
pene&banan har!s 'e&bali
'epa#a perio#e 'eti'a 'lai&
&aterial perta&a 'ali &!nc!l
14 (RAFT PSAK 285K0( 62622663
IFRS 4 PSAK 28
ti&in of the clai&s pay&ents* b!t
nee# not o bac' &ore than ten
years. An ins!rer nee# not #isclose
this infor&ation for clai&s for )hich
!ncertainty abo!t the a&o!nt an#
ti&in of clai&s pay&ents is
typically resolve# )ithin one year.
#i&ana tetap ter#apat
'eti#a'pastian tentan j!&lah #an
)a't! atas pe&bayaran 'lai&* tapi
ti#a' perl! 'e&bali &!n#!r lebih
#ari 16 tah!n. 0ntitas as!ransi
ti#a' perl! &en!n'ap'an
infor&asi ini !nt!' 'lai& yan
&ana 'eti#a'pastian j!&lah #an
)a't! pe&bayaran 'lai& biasanya
#iatasi #ala& perio#e sat! tah!n.
"#$infor&ation abo!t cre#it ris'* li+!i#ity ris'
an# &ar'et ris' that pararaphs 11=42
of IFRS 4 )o!l# re+!ire if the ins!rance
contracts )ere )ithin the scope of IFRS
4. 9o)ever,
"#$ Infor&asi tentan risi'o 're#it* risi'o
li'!i#itas #an risi'o pasar yan pararaf
11/42 PSAK 11 syarat'an ji'a 'ontra'
as!ransi a#a #ala& r!an lin'!p
PSAK 11. A'an tetapi,
"i$ an ins!rer nee# not provi#e the
&at!rity analysis re+!ire# by
pararaph 13"a$ of IFRS 4 if it
#iscloses infor&ation abo!t the
esti&ate# ti&in of the net cash
o!tflo)s res!ltin fro& reconi@e#
ins!rance liabilities instea#. This &ay
ta'e the for& of an analysis* by
esti&ate# ti&in* of the a&o!nts
reconise# in the state&ent of
financial position.
i. 0ntitas as!ransi ti#a' perl!
&enye#ia'an analisis &at!ritas
yan #isyarat'an oleh pararaf
13"a$ PSAK 11 ji'a
&en!n'ap'an infor&asi
tentan esti&asi )a't! ar!s 'as
'el!ar netto yan #ihasil'an
sebali'nya #ari 'e)ajiban
as!ransi. (ala& hal ini boleh
&ela'!'an analisis* #enan
&enesti&asi )a't!* atas
j!&lah/j!&lah yan #ia'!i #ala&
neraca.
"ii$ if an ins!rer !ses an alternative
&etho# to &anae sensitivity to
&ar'et con#itions* s!ch as an
e&be##e# val!e analysis* it &ay !se
that sensitivity analysis to &eet the
re+!ire&ent in pararaph 46"a$ of
IFRS 4. S!ch an ins!rer shall also
provi#e the #isclos!res re+!ire# by
pararaph 41 of IFRS 4.
ii. 7i'a entitas as!ransi
&en!na'an s!at! &eto#e
alternatif !nt!' &enelola
sensitivitas 'on#isi pasar*
seperti halnya analisis nilai
&ele'atteri'at* entitas as!ransi
boleh &en!na'an analisis
sensitivitas terseb!t !nt!'
&e&en!hi persyaratan #ala&
pararaf 46"a$ PSAK 11. 0ntitas
as!ransi terseb!t j!a har!s
&enye#ia'an pen!n'apan
yan #ib!t!h'an #isyarat'an
oleh pararaf 41 PSAK 11.
"e$infor&ation abo!t e-pos!res to &ar'et
ris' arisin fro& e&be##e# #erivatives
containe# in a host ins!rance contract if
the ins!rer is not re+!ire# to* an# #oes
not* &eas!re the e&be##e# #erivatives
at fair val!e.
"e$ Infor&asi tentan #a&pa' risi'o pasar
yan &!nc!l #ari #erivatif &ele'at yan
ter'an#!n #ala& 'ontra' as!ransi
!ta&a ji'a entitas as!ransi ti#a'
#isyarat'an !nt!' &en!'!r #erivatif
teri'at pa#a nilai )ajar.
13A.To co&ply )ith pararaph 13"cb$"i$* an 13A. :nt!' t!n#!' #enan pararafpararaph
18 (RAFT PSAK 285K0( 62622663
IFRS 4 PSAK 28
ins!rer shall #isclose either "a$ or "b$ as
follo)s,
13"bc$"i$* entitas as!ransi har!s
&en!n'ap'an bai' "a$ ata! "b$ sebaai
beri'!t,
"a$a sensitivity analysis that sho)s ho)
profit or loss an# e+!ity )o!l# have been
affecte# if chanes in the relevant ris'
variable that )ere reasonably possible at
the en# of the reportin perio# ha#
occ!rre#> the &etho#s an# ass!&ptions
!se# in preparin the sensitivity analysis>
an# any chanes fro& the previo!s
perio# in the &etho#s an# ass!&ptions
!se#. 9o)ever* if an ins!rer !ses an
alternative &etho# to &anae sensitivity
to &ar'et con#itions* s!ch as an
e&be##e# val!e analysis* it &ay &eet
this re+!ire&ent by #isclosin that
alternative sensitivity analysis an# the
#isclos!res re+!ire# by pararaph 41 of
IFRS 4.
"a$ Analisis sensitivitas yan &en!nj!''an
baai&ana laba ata! r!i #an e'!itas
a'an #ipenar!hi ji'a per!bahan #ala&
variabel risi'o relevan yan
'e&!n'inan besar pa#a a'hir perio#e
laporan a'an terja#i> &eto#e #an
as!&si yan #i!na'an #ala&
&enyiap'an analisis sensitivitas> #an
setiap perb!ahan per!bahan &eto#e
#ari perio#e sebel!&nya #an as!&si/
as!&si yan #i!na'an. ?a&!n* ji'a
entitas as!ransi &en!na'an s!at!
&eto#e alternatif !nt!' &enelola
sensitivitas terha#ap 'on#isi pasar*
seperti analisis nilai &ele'at* it! entitas
bisa &e&en!hi persyaratan ini #enan
&en!n'ap'an analisis sensitivitas
alternatif terseb!t #an pen!n'apan
yan #isyarat'an oleh pararaf 41
PSAK 11.
"b$+!alitative infor&ation abo!t sensitivity*
an# infor&ation abo!t those ter&s an#
con#itions of ins!rance contracts that
have a &aterial effect on the a&o!nt*
ti&in an# !ncertainty of the ins!rer.s
f!t!re cash flo)s.
"b$ Infor&asi '!alitatif tentan sensitivitas*
#an infor&asi tentan pasal/pasal #an
'on#isi atas 'ontra' as!ransi yan
&e&ili'i efe' &aterial atas j!&lah*
)a't! #an 'eti#a'pastian ar!s 'as
&asa #epan entitas as!ransi.
$''ecti!e date and transition "anggal e'ekti' dan %asa transisi
41. The transitional provisions in
pararaphs 41=42 apply both to an entity
that is alrea#y applyin IFRSs )hen it first
applies this IFRS an# to an entity that
applies IFRSs for the first/ti&e "a first/ti&e
a#opter$.
41.<asa transisi #ala& pararaf 41=42 berla'!
bai' pa#a entitas yan telah &enerap'an
Stan#ar A'!ntansi Ke!anan lainnya 'eti'a
entitas perta&a 'ali &enerap'an
Pernyataan ini #an !nt!' entitas yan
&enerap'an Stan#ar A'!ntansi Ke!anan
!nt!' perta&a 'alinya "a#opsi perta& 'ali$.
42. An entity shall apply this IFRS for
ann!al perio#s beinnin on or after 1
7an!ary2662. 0arlier application is
enco!rae#. If an entity applies this IFRS
for an earlier perio#* it shall #isclose that
fact.
42.0ntitas har!s &enerap'an Pernyataan ini
!nt!' perio#e tah!nan yan #i&!lai pa#a
ata! setelah 1 7an!ari 2616. Penerapan
lebih a)al #isaran'an. 7i'a entitas
&enerap'an Pernyataan ini !nt!' perio#e
yan lebih a)al* hal terseb!t har!s
#i!n'ap'an.
43A Financial Guarantee Contracts
1A%end%ents to IAS 29 and IFRS 440
issued in August 2::80 a%ended
paragrap*s 41d40 ;381g4 and ;391'4. An
entity s*all apply t*ose a%end%ents 'or
43A. Kontrak Jaminan Keuangan
1Peruba*an atas PSAK 88 dan PSAK 2840
yang diterbitkan Agustus 2::80 %eruba*
paragra' 41d40 ;381g4 dan ;391'4. Suatu
entitas *arus %enerapkan peruba*an
13 (RAFT PSAK 285K0( 62622663
IFRS 4 PSAK 28
annual periods beginning on or a'ter 3
5anuary 2::<. $arlier application is
encouraged. I' an entity applies t*ose
a%end%ents 'or an earlier period0 it
s*all disclose t*at 'act and apply t*e
related a%end%ents to IAS 29 andIAS
22= at t*e sa%e ti%e.
tersebut untuk periode ta*unan yang
di%ulai atau setela* 3 5anuari 2:3:.
Penerapan lebi* a.al disarankan. 5ika
entitas %enerapkan Pernyataan ini untuk
periode yang lebi* a.al0 entitas *arus
%engungkapkan 'akta tersebut dan
%enerapkan peruba*an terkait atas
PSAK 88 dan PSAK 8: di .aktu yang
sa%a.
41%.IAS 1 "as revise# in 2664$ a&en#e# the
ter&inoloy !se# thro!ho!t IFRSs. In
a##ition it a&en#e# pararaph 16. An entity
shall apply those a&en#&ents for ann!al
perio#s beinnin on or after 1 7an!ary
2663. If an entity applies IAS 1 "revise#
2664$ for an earlier perio#* the
a&en#&ents shall be applie# for that earlier
perio#.
41%. PSAK 1 "sebaai&ana #irevisi tah!n
2663$ &er!bah ter&inoloi yan #i!na'an
#i sel!r!h Stan#ar A'!ntansi Ke!anan.
Sebaai ta&bahan* it! j!a &er!bah
pararaf 16. 0ntitas har!s &enerap'an
per!bahan terseb!t !nt!' perio#e tah!nan
yan #i&!lai ata! setelah 1 7an!ari 2663.
7i'a entitas &enerap'an PSAK 1 "revisi
2616$ !nt!' perio#e lebih #ini* per!bahan
har!s #iterap'an !nt!' perio#e lebih #ini
terseb!t.
&isclosure Pengungkapan
41. An entity nee# not apply the #isclos!re
re+!ire&ents in this IFRS to co&parative
infor&ation that relates to ann!al perio#s
beinnin before 1 7an!ary 2662* e-cept
for the #isclos!res re+!ire# by pararaph
14"a$ an# "b$ abo!t acco!ntin policies*
an# reconise# assets* liabilities* inco&e
an# e-pense "an# cash flo)s if the #irect
&etho# is !se#$.
41.0ntitas ti#a' perl! &enerap'an persyaratan
pen!n'apan #ala& Pernyataan ini !nt!'
infor&asi 'o&paratif yan ter'ait pa#a
perio#e tah!nan yan bera)al sebel!& 1
7an!ari 2616* 'ec!ali !nt!' pen!n'apan
yan #isyarat'an oleh pararaf 14"a$ #an
"b$ tentan 'ebija'an a'!ntanasi* #an aset*
'e)ajiban* pen#apatan serta beban yan
#ia'!i "#an ar!s 'as ji'a &en!na'an
&eto#e lans!n$.
44. If it is i&practicable to apply a partic!lar
re+!ire&ent of pararaphs 16=12 to
co&parative infor&ation that relates to
ann!al perio#s beinnin before 1 7an!ary
2662* an entity shall #isclose that fact.
Applyin the liability a#e+!acytest
"pararaphs 12=13$ to s!ch co&parative
infor&ation &iht so&eti&es be
i&practicable* b!t it is hihly !nli'ely to be
i&practicable to apply other re+!ire&ents of
pararaphs 16=12 to s!ch co&parative
infor&ation. IAS 8 e-plains the ter&
Ci&practicable..
44.7i'a ti#a' pra'tis #ila'!'an &enerap'an
persyaratan tertent! atas pararaf 16=12
!nt!' infor&asi 'o&paratif yan ter'ait atas
perio#e tah!nan yan bera)al sebel!& 1
7an!ari 2616* entitas har!s
&en!n'ap'an fa'ta terseb!t. Penerapan
test 'ec!'!pan 'e)ajiban "pararaf 12=13$
!nt!' infor&asi 'o&paratif seperti it!
ter'a#an s!lit #ila'!'an secara pra'te'*
tapi sepertinya a'an lebih s!lit lai !nt!'
&enerap'anti#a' &!n'in bah)a
penerapan persyaratan lainnya atas pararaf
16=12 !nt!' infor&asi 'o&paratif terseb!t
a#alah ti#a' pra'tis. PSAK 22 &enjelas'an
istilah Cti#a' pra'tis..
42. In applyin pararaph 13"c$"iii$* an 42.(ala& &enerap'an pararaf 13"c$"iii$*
26 (RAFT PSAK 285K0( 62622663
IFRS 4 PSAK 28
entity nee# not #isclose infor&ation abo!t
clai&s #evelop&ent that occ!rre# earlier
than five years before the en# of the first
financial year in )hich it applies this IFRS.
F!rther&ore* if it is i&practicable* )hen an
entity first applies this IFRS* to prepare
infor&ation abo!t clai&s #evelop&ent that
occ!rre# before the beinnin of the
earliest perio# for )hich an entity presents
f!ll co&parative infor&ation that co&plies
)ith this IFRS* the entity shall #isclose that
fact.
entitas ti#a' perl! &en!n'ap'an
infor&asi tentan 'lai& pene&banan
yan terja#i lebih a)al #ari li&a tah!n
sebel!& a'hir tah!n 'e!anan perta&a
'eti'a entitas &enerap'an Pernyataan ini.
;ebih lanj!t* ji'a hal terseb!t ti#a' pra'tis
#ila'!'an* 'eti'a entitas !nt!' perta&a 'ali
&enerap'an Pernyataan ini* !nt!'
&enyiap'an infor&asi tentan 'lai&
pene&banan yan terja#i sebel!& a)al
perio#e palin a)al #i&ana entitas
&enyaji'an infor&asi 'o&paratif !t!h yan
&e&en!hi Pernyataan ini* entitas har!s
&en!n'ap'an fa'ta terseb!t.
Redesignation o' 'inancial assets Penetapan ulang aset keuangan
48. Fhen an ins!rer chanes its
acco!ntin policies for ins!rance liabilities*
it is per&itte#* b!t not re+!ire#* to reclassify
so&e or all of its financial assets as Cat fair
val!e thro!h profit or loss.. This
reclassification is per&itte# if an ins!rer
chanes acco!ntin policies )hen it first
applies this IFRS an# if it &a'es a
s!bse+!ent policy chane per&itte# by
pararaph 22. The reclassification is a
chane in acco!ntin policy an# IAS 8
applies.
48.Keti'a entitas as!ransi &er!bah 'ebija'an
a'!ntansinya !nt!' 'e)ajiban as!ransi*
entitas as!ransi #iijin'an* tapi ti#a'
#isyarat'an* !nt!' &ere'lasifi'asi beberapa
ata! sel!r!h aset 'e!anannya pa#a nilai
)ajar &elal!i laporan laba r!i. Re'lasifi'asi
#iijin'an ji'a entitas as!ransi &er!bah
'ebija'an a'!ntansi 'eti'a entitas as!ransi
!nt!' perta&a 'ali &enerap'an Pernyataan
ini #an ji'a entitas as!ransi &e&b!at
per!bahan 'ebija'an selanj!tanya yan
#iijin'an oleh pararaf 22. Re'lasifi'asi
a#alah per!bahan #ala& 'ebija'an
a'!ntansi #an PSAK 22 berla'!.
21 (RAFT PSAK 285K0( 62622663