Hello - Could you please help me with below queries:
Chapter 11 (Que 11.6 - Best estimate liability determination for unit linked contract - under SII)
The solution says that non-unit related liabilities are calculated by discounting the projected non-unit cashflows. I understand that
To...
Hello,
I have a question on the calculation of Technical Provisions. I'm struggling to reconcile the definition given by the Core Reading about the inclusion of cashflows on a best estimate basis and the schematic on page 9 in this (possibly outdated) document...
I'm struggling to understand how the technical provisions for with-profits policies are calculated.
The BEL for a with-profits product allows for both guaranteed (ie. including bonuses declared to date) and discretionary benefits (ie. future reversionary and terminal bonuses), where the BEL is...
Mbotha
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bel
bestestimateliabilitiesbestestimate liability
technical provisions
with profits
with-profits