CAS Exam 6C Fall 2019, Question 27

Study guide: Exam 6C

Part a (1 point)

Briefly describe four qualitative principles to consider when estimating the risk adjustment for non-financial risk under IFRS 17.

Part b (0.5 points)

Identify two differences between current Canadian actuarial standards of practice and IFRS 17 with respect to discounting.

Part c (1 point)

Identify and briefly describe two methods to select discount rates under IFRS 17.

Answer this question and see the worked solution

Concepts tested

• IFRS 17 Discount Rates
• Risk Adjustment for Non-Financial Risk
• IFRS 17
• Standards of Practice
• Premium Allocation Approach
• Liability for Remaining Coverage

More questions from this set

• CAS Exam 6C Fall 2019, Question 26
• CAS Exam 6C Fall 2019, Question 28