Calculation Steps
timeline
title RiskIntegrity version 10 under IFRS17 for GMM & VFA
BOP
section Period start
OPENING_CURRENT: Opening Balance at Current DR
CHANGE_IN_ESTIMATES _FS_SOP: Changes in Estimates that relate to Future Service - Period Start
CHANGE_IN_ESTIMATES _FINANCIAL_RISK_SOP : Changes in Estimates linked to Financial Risk - Period Start
CHANGE_IN_ESTIMATES _ISR_SOP : Changes in Estimates that adjust the Insurance Service Result - Period Start
AOO_SOP_CHANGES: Assessment of Onerosity - Period Start
section During The Period
NB_RECOGNITION: New Business Recognition - During the Period
NB_TO_IF: New Business To In Force - During the Period
AOO_SOP_CHANGES_WITH _NB: Assessment of Onerosity including New Business - During the Period
INTEREST_ACCRETION: Interest Accretion - During the Period
FCF_RELEASE: Release of Fulfilment Cash Flows - During the Period
CF_VARIANCE: Variance of Cashflows - During the Period
section Period End
CHANGE_IN_ESTIMATES _FS_EOP: Changes in Estimates that relate to Future Service - Period End
CHANGE_IN_ESTIMATES _FINANCIAL_RISK_EOP: Changes in Estimates linked to Financial Risk - Period End
CHANGE_IN_RNP: Changes in Estimates linked to Non-Performance Risk of reinsurance - Period End
CHANGE_IN_ESTIMATES _ENTITY_SHARE_UNDERLYING _ITEMS_EOP: Changes in Estimates linked to Entity's Share in the fair value of the Underlying Items - Period End
CHANGE_IN_ESTIMATES_ISR_EOP: Changes in Estimates that adjust the Insurance Service Result - Period End
RISK_MITIGATION_IMPACT: Risk Mitigation Impact - Period End
AOO_EOP_CHANGES: Assessment of Onerosity - Period End
AMORTIZATION: Amortization of Contractual Service Margin - Period End
AQE_AMORTIZATION: Amortization of Acquisition Expenses - Period End
CLOSING_CURRENT: Closing Balance at Current DR
Calculation Steps for LIC
timeline
title RiskIntegrity version 10 under IFRS17 for GMM & VFA & PPA
section Period start
LIC_OPENING_CURRENT: LIC - Opening Current
LIC_NC_RECOGNITION: LIC - New Claims
LIC_NC_TO_IF: LIC - New Claims to In Force
section During The Period
LIC_INTEREST_ACCRETION: LIC - Interest Accretion
LIC_FCF_RELEASE: LIC - Release of FCF
LIC_CF_VARIANCE: LIC - Variance of Cashflows - During the Period
LIC_CHANGE_IN_ESTIMATES _PS_ISE_EOP: LIC - Changes in Estimates that adjust the Insurance Past Service Expense - Period End
LIC_CHANGE_IN_ESTIMATES _CS_ISE_EOP: LIC - Changes in Estimates that adjust the Insurance Current Service Expense - Period End
LIC_CHANGE_IN_RNP: LIC - Change in Risk Of Non-Performance
LIC_CHANGE_IN_ESTIMATES _FINANCIAL_RISK_EOP: LIC - Changes in Estimates linked to Financial Risk - Period End
LIC_CLOSING_CURRENT: LIC - Closing Current
