Unpacking LRC and LIC Calculations for P&C Insurers
In this session, we discuss some of the issues related to the LRC and LIC measurement under IFRS 17 for P&C insurers.
Key topics include:
- Allocation of acquisition expenses related to renewals
- Discounting of the LIC:
- Accident year vs. underwriting year cash flow generation
- Analysis of movement components
- Granularity
- Disaggregation of the insurance finance expense
- Premium variance treatment
Click here for the presentation
Related Articles
|
Webinar-on-Demand
Tracking the Impact of COVID-19 on Credit Risk: For Public and Private FirmsAs we observe the turmoil in global equity markets due to COVID-19, we assess its impact on expected loss for both private and public firms.
March 2020
WebPage
Moody's Analytics
|
|
Press Release
Moody's Analytics Wins at FinTech Breakthrough AwardsMoody’s Analytics has won the RegTech Innovation Award at the 2020 FinTech Breakthrough Awards.
March 12, 2020
WebPage
Moody's Analytics
|
|
Press Release
Two Moody's Analytics Executives Win Women in Technology and Data AwardsTwo Moody's Analytics senior leaders have been recognized in the WatersTechnology Women in Technology and Data Awards 2020.
March 09, 2020
WebPage
Moody's Analytics
|
|
Webinar-on-Demand
Middle East Economic Outlook: March 2020In this webinar, Moody’s Analytics economists discuss Middle East’s macroeconomic outlook.
March 2020
WebPage
Moody's Analytics
|
|
Webinar-on-Demand
RiskFrontier™ 5.6 and GCorr 2019 UpdateLearn about the latest software updates and enhancements for RiskFrontier™ and GCorr.
March 2020
WebPage
Moody's Analytics
|
|
Press Release
Moody's Acquires RBA International, a Leader in Online Training and CertificationsMoody’s Corporation (NYSE:MCO) announced today that it has acquired RBA International (RBA), a leading provider of online retail bank training and certifications.
March 02, 2020
WebPage
Moody's Analytics
|
|
Press Release
KLP Selects Moody's Analytics Solution for IFRS 17 ImplementationMoody’s Analytics, a global provider of financial intelligence, announced today that its software has been selected by Kommunal Landspensjonskasse Mutual Insurance Company (KLP), one of Norway’s largest life insurance companies.
February 25, 2020
WebPage
Moody's Analytics
|
|
Press Release
250 Firms Select the Moody's Analytics CreditLens™ SolutionMoody’s Analytics, a leading provider of financial intelligence, announced today that more than 250 institutions globally selected the CreditLens credit lifecycle management solution, less than a year after reaching the 100-client threshold.
February 19, 2020
WebPage
Moody's Analytics
|
|
Press Release
Moody's Analytics Launches Discount Curve Service for IFRS 17Moody’s Analytics, a leading provider of financial intelligence, today announced the launch of the Moody's Analytics Discount Curve Service for IFRS 17.
February 12, 2020
WebPage
Moody's Analytics
|
|
Press Release
Moody's Analytics Wins Five InsuranceERM Awards Including IFRS 17 Solution of the YearMoody’s Analytics has won five categories at the 2020 InsuranceERM Awards.
February 10, 2020
WebPage
Moody's Analytics
|
