Comprehensive Income

thesuperactuarythesuperactuary
in CCIR.ARinstr

I noticed on the syllabus, there is "Comprehensive Income" under C1.

It appears BattleActs doesn't cover a lot material on it (or maybe i am missing anything)

I was reading P&C1 - 20.42, there is a whole template to calculate Comprehensive income, is it good idea to go over details calculation of CI under P&C1 - 20.42

Comments

  • Staff-T1Staff-T1

    CI = Net Income + AOCI. I think that would be the extent to which you would need to know

  • suomisuomi

    is AOCI the same as OCI?

  • Staff-T1Staff-T1

    AOCI stands for accumulated other comprehensive income while OCI stands for other comprehensive income

  • suomisuomi

    I understand that, but I always thought CI = Net Income + OCI
    and AOCI is just used to keep track of the potential for OCI. Thoughts?

  • Staff-T1Staff-T1

    Owh yes it should be CI = NI + OCI. As you said, AOCI is just to keep track of the overall CI

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