CSM for reinsurance held asset

lawtsmlawtsm
in CIA.IFRS17-IC

1) Is my understanding right that for reinsurance held, CSM cannot be onerous and CSM can be negative?


2) What is the logic of this?
What does reinsurance held asset refer too? Does reinsurance held asset refer to recoverable?

Comments

  • Staff-T1Staff-T1

    Yup CSM can be negative for reinsurance held. ARC/AIC represents the future recoverables that we expect from the reinsurer

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