Insight
Pension Funding Index August 2022
The Milliman 100 PFI funded ratio decreases to 104.5% as pension liability increases outpace investment gains.
IFRS 17: Deriving the confidence level for the Risk Adjustment: A case study for life (re)insurers
By Alexandre Boumezoued, Amal Elfassihi, Cormac Gleeson, Andrew Kay, Orlaith Lehane , Bertrand Lespinasse, and Damien Louvet
11 November 2020
The IFRS 17 Risk Adjustment creates challenges for (re)insurers, such as how to determine the confidence level needed for disclosure purposes, and how to restate a given confidence level over different time horizons. This paper presents a solution to address these challenges and details a case study for a life company.
Below is an infographic that highlights the five key characteristics that can lead to a higher risk adjustment and the risk adjustment calculation techniques.
Explore more tags from this article
About the Author(s)
INSIGHT
Related Milliman Insight
Contact us
We’re here to help you break through complex challenges and achieve next-level success.
IFRS 17: Deriving the confidence level for the Risk Adjustment: A case study for life (re)insurers
This paper presents a solution to address (re)insurers’ challenges, including how to determine the confidence level needed for disclosure purposes and how to restate a given confidence level over different time horizons.
Alexandre Boumezoued, Amal Elfassihi, Cormac Gleeson, Andrew Kay, Orlaith Lehane , Bertrand Lespinasse, Damien Louvet