IFRS 17: the sticking point of annual cohorts - Archive ouverte HAL Access content directly
Journal Articles The European Actuary Year : 2020

IFRS 17: the sticking point of annual cohorts

Abstract

On September 30, EFRAG published its Draft Endorsement Advice on IFRS 17 Insurance contracts. Comments are requested by 29 january 2021. It concluded on a consensus basis that IFRS 17 meets the various criteria for endorsement, with the notable exception of the requirement to apply annual cohorts to intergenerationally-mutualised and cash-flow matched contracts. In this paper, we focus on this particular issue and show how annual cohorts fail to give a pertinent picture of participating life insurance business, as practiced in many continental European countries.
Fichier principal
Vignette du fichier
2020-11_TEA_Annual_cohorts.pdf (2.03 Mo) Télécharger le fichier
Origin : Explicit agreement for this submission

Dates and versions

hal-02989360 , version 1 (05-11-2020)

Identifiers

  • HAL Id : hal-02989360 , version 1

Cite

Pierre-Emmanuel Thérond, Victor Froment. IFRS 17: the sticking point of annual cohorts. The European Actuary, 2020, 24, pp.11-14. ⟨hal-02989360⟩
148 View
129 Download

Share

Gmail Facebook X LinkedIn More