Internal:Training/IFRS17/The contractual service margin: Difference between revisions

 

🤔 '''Think about it.''' The CSM stores unearned profit and releases it as coverage is provided. But how does the insurer decide how much to release each period? If a five-year contract provides more coverage in some years than others, should the release be equal each year, or should it follow the pattern of service?

 

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