MCT Expected L/R

wilsonchan18wilsonchan18
in CIA.IFRS17-LRC

Does this Expected L/R referring to the one form Step 2 for LC Calculation under PAA?

Thanks and Warm Regards,
Wilson

Comments

  • Staff-T1Staff-T1

    The source defines it as: "The expected loss ratio for MCT is a best estimate of the future ELR that is applied to the estimated revenue for the remaining coverage period."
    This looks like what is used in step 2 yes

  • wilsonchan18wilsonchan18

    Thanks :wink:

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