Premium allocation approach
Course Description
After completing this eLearn, participants will have a deeper understanding about:
Application of PAA Eligibility criteria;
Calculation of the liability for remaining coverage (LRC) for groups of contracts at initial recognition and for subsequent measurement;
How revenue is calculated and released to profit or loss;
How to measure onerous groups of contracts;
How to treat (prepaid) acquisition cash flows for profitable, onerous and renewed groups of contracts;
How to treat financing components for the liability for remaining coverage and the liability for incurred claims
Course Structure
The eLearn introduces the following topics:
- Introduction & recap
- Eligibility
- Measurement
- Acquisition cash flows
Should Attend
This course is intended for professionals in financial and actuarial functions.
Prerequisites
There are no prerequisites to follow this eLearn
Assessment
A final quiz will test your knowledge.
Key-Features
Online self-paced, available 24/7
Course Structure
The eLearn introduces the following topics:
- Introduction & recap
- Eligibility
- Measurement
- Acquisition cash flows
Should Attend
This course is intended for professionals in financial and actuarial functions.
Prerequisites
There are no prerequisites to follow this eLearn
Assessment
A final quiz will test your knowledge.
Key-Features
Online self-paced, available 24/7
Register Your Interest: