IA|BE Solvency II Advanced Pillar I - LAC DT
The loss-absorbing capacity of deferred taxes (LAC DT) is one of the most technically challenging and judgement-intensive elements of the Solvency II SCR calculation. Under the standard formula, LAC DT allows insurers to reduce their SCR by recognising the tax relief that would arise following the instantaneous stress scenario but the amount that can be recognised is subject to strict conditions and requires a robust, auditable justification.
This session provides a rigorous treatment of the LAC DT framework, covering the theoretical basis, the calculation mechanics and the different methodologies used in practice to assess recoverability. You will examine the role of future profitability, carry-back and carry-forward positions, and how deferred tax assets and liabilities interact in the LAC DT assessment. Suited for actuaries, tax specialists and insurance professionals involved in SCR calculations, financial reporting or risk management.
Practical info
The session will be delivered in English, and a Teams link will be shared two days prior to the session.
Schedule of CPD: Solvency II Advanced - Pillar I: LAC DT
| On Tuesday 2 June: | |
| 16:30 - 18:30 | Solvency II Advanced - Pillar I: LAC DT By WAMBEKE Mathias |