Page 212 - EXIM_AR2021

210 FINANCIAL EXIM BANK MALAYSIA
STATEMENTS

Notes to the fiNaNcial statemeNts

43. insUrance risks (cOnt’D.)

Premium/contribution liability sensitivity analysis (cont’d.)
c. Change in Maintenance Expenses (“ME”)
Assumed ME of 5%. Changing this by 10% (to 5.5% and 4.5% respectively) points gives the following result:

2021 2020
Net Net
RM’000 RM’000 RM’000 RM’000
high Low high Low
+10% -10% +10% -10%

Estimated premium liabilities/contribution 12,075 12,047 9,892 9,847

d. Change in PRAD %

Assumed a premium PRAD of 40%. Changing this by 10% (to 44% and 36% respectively) gives the following result:
2021 2020
Net Net
RM’000 RM’000 RM’000 RM’000
high Low high Low
+10% -10% +10% -10%

Estimated premium liabilities 12,405 11,716 10,152 9,588