Q7 part a

Justwanta6Justwanta6
in CAS Sample IFRS 17 Questions

Hi, a question regarding the financing component. I thought what we should calculate is the amount of IFE amortized within one year, and add onto the earned prem to become the insurance revenue for that year. How come in here we are calculating the accumulated amount of amortized IFE and add onto the EP for one year? it doesnt seem consistent..

Comments

  • Staff-T1Staff-T1

    I don't really understand you question because that is what is being done if you look at the explanation provided at the bottom of the Excel?

Sign In or Register to comment.