Schedule of IFRS 17 - Advanced Topics : CSM - Coverage units - Loss components (2 CPD)
| On Wednesday 20 October: | |
| 16:00 - 18:00 | CSM - Coverage units - Loss components |
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From 16:00 to 18:00
CSM - Coverage units - Loss components
1. Short reminder
- group of insurance contracts (level of aggregation of insurance contracts)
- initial recognition of insurance contracts
- measurement approaches
- discount rates
- risk adjustment
- liability for the remaining coverage (LRC) and liability for incurred claims (LIC) within a group liability
2. Contractual Service Margin (CSM)
3. Coverage Units and impacts on the evolution of CSM
4. Simplified examle on CSM and Coverage Units
5. Onerous contracts and Loss Component (LC)
6. Some examples to illustrate the LC concept
7. The particular case of reinsurance contracts held
by Philippe De Longueville & Damien Kreit