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Insurance (Tables) | 12 Months Ended
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Dec. 31, 2023
Insurance [Abstract] |
Summary of Reconciliation of Changes In Insurance Contracts |
|  |  |  |  | 2023 $m |  |  |  |  |  | 2022 $m |
At 1 January |  |  |  |  |  |  | 32 |  |  |  |  |  |  |  | 25 |
Insurance expenses |  |  |  |  |  |  | 21 |  |  |  |  |  |  |  | 9 |
Claims and other amounts paid |  |  |  |  |  |  | (15 | ) |  |  |  |  |  |  | (2 | )
Impact of discounting and other changes |  |  |  |  |  |  | (1 | ) |  |  |  |  |  |  | – |
At 31 December |  |  |  |  |  |  | 37 |  |  |  |  |  |  |  | 32 |
Analysed as: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Current |  |  |  |  |  |  | 12 |  |  |  |  |  |  |  | 9 |
Non-current |  |  |  |  |  |  | 25 |  |  |  |  |  |  |  | 23 |
|  |  |  |  |  |  | 37 |  |  |  |  |  |  |  | 32 |
Incurred but not reported claims (‘IBNR’) a |  |  |  |  |  |  | 20 |  |  |  |  |  |  |  | 25 |
Reported but not settled claims |  |  |  |  |  |  | 17 |  |  |  |  |  |  |  | 7 |
|  |  |  |  |  |  | 37 |  |  |  |  |  |  |  | 32 |
a | Includes unallocated loss expenses.
Summary of Analysis of Insurance Revenue |
|  |  |  |  | 2023 $m |  |  |  |  |  | 2022 $m |
Revenue from insurance activities |  |  |  |  |  |  | 21 |  |  |  |  |  |  |  | 15 |
Insurance expenses (inclusive of overhead costs) |  |  |  |  |  |  | (23 | ) |  |  |  |  |  |  | (11 | )
Insurance result |  |  |  |  |  |  | (2 | ) |  |  |  |  |  |  | 4 |

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- Definition The disclosure of the analysis of insurance revenue. [Refer: Insurance revenue] + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 17 -IssueDate 2023-01-01 -Paragraph 106 -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&num=17&code=ifrs-tx-2023-en-r&anchor=para_106&doctype=Standard -URIDate 2023-03-23 + Details
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- Definition The disclosure of the reconciliation of changes in insurance contracts by remaining coverage and incurred claims. [Refer: Insurance contracts [member]] + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 17 -IssueDate 2023-01-01 -Paragraph 100 -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&num=17&code=ifrs-tx-2023-en-r&anchor=para_100&doctype=Standard -URIDate 2023-03-23 + Details
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- Definition Insurance abstract. + References No definition available. + Details
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