Date(s) - 27/11/2020
12:00 pm - 1:00 pm
Premium Allocation Approach (PAA) is a simplified modification of the Building Blocks Approach (BBA) model, however companies must take many considerations into account and weigh the pros and cons diligently during decision making for the appropriate IFRS 17 model.
On the surface, there would appear to be good reason to choose PAA over BBA, with the perceived simplicity of the PAA’s reduction of the calculations needed as well as the governance, data management and process requirements. However, when one takes a deeper dive into the principle based world of IFRS 17 along with the portfolio characteristics of the existing and future contracts, the decision may be far from simple.
In this webinar, Seda Ekizoglu, ASA, MAAA will talk about the key considerations and practical implications of the eligibility criteria for companies to adopt PAA based on the IFRS 17 Standard.
This event will be available through the FreeConferenceCall App only and joining instructions shall be sent in advance.