BIMB Integrated Annual Report 2019

49 TAKAFUL RISK MANAGEMENT (CONTINUED) (b) General Takaful Fund (continued) Net General Takaful contract liabilities for 2019 (Group) Accident year Before 2012 2013 2014 2015 2016 2017 2018 2019 Total RM’000 RM’000 RM’000 RM’000 RM’000 RM’000 RM’000 RM’000 RM’000 At end of accident year 155,704 145,951 149,409 127,623 130,234 158,981 218,797 233,780 One year later 154,707 131,597 128,160 121,144 130,936 150,209 200,540 – Two years later 138,856 121,436 120,438 112,551 127,663 140,847 – – Three years later 127,442 114,847 114,884 105,004 124,901 – – – Four years later 124,850 108,663 111,191 103,672 – – – – Five years later 122,698 110,447 111,283 – – – – – Six years later 122,891 109,976 – – – – – – Seven years later 122,332 – – – – – – – Current estimate of cumulative claims incurred 122,332 109,976 111,283 103,672 124,901 140,847 200,540 233,780 1,147,331 At end of accident year (40,054) (41,956) (43,125) (42,496) (54,552) (67,730) (90,056) (97,579) One year later (88,968) (84,498) (88,199) (84,402) (97,117) (117,548) (149,370) – Two years later (109,215) (101,303) (103,471) (96,660) (113,364) (129,329) – – Three years later (117,457) (105,696) (108,312) (100,570) (119,281) – – – Four years later (120,530) (105,070) (109,189) (101,961) – – – – Five years later (121,442) (109,430) (109,784) – – – – – Six years later (121,934) (109,517) – – – – – – Seven years later (122,243) – – – – – – – Cumulative payments to-date (122,243) (109,517) (109,784) (101,961) (119,281) (129,329) (149,370) (97,579) (939,064) Net General Takaful contract liabilities 89 459 1,499 1,711 5,620 11,518 51,170 136,201 208,267 Additional risk margin 26,819 Net General Takaful contract liabilities per Note 22(a) 235,086 NOTES TO THE FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2019 (CONTINUED) 309 BIMB HOLDINGS BERHAD 199701008362 (423858-X) Shareholders’ Information Financial Statements Additional Information Disclosure Summary