14.2.7. Disclosures

In the quarterly reports and financial statements for the respective periods of 2023, the Group will identify and present separately the net insurance income, which will include all income and expenses related to the Group’s insurance business.

IFRS 17 also requires the development of extensive disclosures regarding the amounts recognised in the annual financial statements, including detailed arrangements for insurance contracts entered into, the impact of newly recognised insurance contracts and information on the expected pattern of contract margins, as well as disclosures regarding significant estimates made in applying IFRS 17. Disclosures on the nature and extent of risks arising from insurance and reinsurance contracts will also be expanded. Disclosures will be presented at a more detailed level and will be adapted to the materiality of individual disclosures.