Question regarding IFRS 17 disclosure - IFRS 17 LRC p.8

olidude3121olidude3121
in CIA.IFRS17-LRC

Hey Graham, on page 8/50 of the LRC new reading states:

"Under IFRS 17, insurance contracts issued and reinsurance contracts held are recognized and
presented separately. "

Isn't that the case already? 20.10 presents the Ceded unpaid claims and 20.20 presents the Gross unpaid claims. Am I misunderstanding this statement?

Comments

  • grahamgraham

    Yes, that's already the case. The text makes it sound like it's a difference between IFRS 17 and current CIA practice but it isn't.

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