About this document
PAA LFRC Calculation Under IFRS 17 by Noura Shamseddine is a document available to read on EtoBox.
The document outlines the calculation of the Premium Allocation Approach (PAA) Loss Free Reserve Calculation (LFRC) under IFRS 17, focusing on product assumptions and formulas for both insurers and reinsurers. Key points include the treatment of acquisition costs, the absence of investment and financing components, and the profitability of all products. The document provides detailed formulas for initial recognition and subsequent measurement of PAA LFRC and Asset for Remaining Coverage (AFRC).
- Author
- Noura Shamseddine
- Language
- EN