Group vs Portfolio

edited February 2023 in CIA.IFRS17-IC

I thought I understood the different levels of aggregation (Policies are aggregated in Portfolio and Portfolio are aggregated in Groups), but I'm not sure anymore.
I read this sentence in the source text: "A group is a sub-set of a Portfolio" (p.108) and that threw me off a bit. I thought it was the opposite.
Could you help me clarify once for all that hierarchy?

Comments

  • Ok I think I understood now. It is probably just the way it was presented in the Figure 5.1 that confused. In the end, Groups are indeed subsets of Portfolio but they are created after Portfolio (within a portfolio). It is simply a question of sequency that got me confused!

  • Glad you got it figured out :)

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