I had a couple of questions with respect to IFRS... 1. In the core reading they don't detail explicitly an equivalent on SII claim & premium provisions. Should I assume that the GMM / PAA are effectively used to calculate the equivalent of a premium provision 2. In estimation of cashflows when we have a group of risks, given they are all issued within a year, do we value each contract within the group based on the individual contract boundary for each risk
1. Yes, there are differences but the general idea is consistent as the GMM/PAA are for unexpired risks. 2. That's my understanding, yes.
