Internal:Training/IFRS17/The building blocks: overview: Difference between revisions

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<div data-wix-module="balance-sheet" data-wix-blocks='[
{"label":"Assets","sub":"(market value)","val":1000,"color":"#D3D1C7","hColor":"#C5C3B9","textColor":"#444441","subColor":"#5F5E5A","question":"Assets (market value)","body":"The insurer's\u2019s investment portfolio: government bonds, corporate bonds, equities, and real estate."},
{"label":"Equity","sub":"","val":200,"color":"#E6F1FB","hColor":"#D0E4F5","textColor":"#0C447C","subColor":"#185FA5","question":"Equity (firm's\u2019s funds)","body":"Shareholders'\u2019 equity \u2014 the residual after subtracting all liabilities from assets."},
{"label":"CSM","sub":"(contractual service margin)","val":140,"color":"#EEEDFE","hColor":"#DDDCF9","textColor":"#3C3489","subColor":"#534AB7","question":"Contractual service margin","body":"Unearned profit locked away at inception and released gradually as the insurer delivers coverage."},
{"label":"RA","sub":"(risk adjustment)","val":60,"color":"#FAECE7","hColor":"#F2DDD5","textColor":"#712B13","subColor":"#993C1D","question":"Risk adjustment","body":"An explicit allowance for the uncertainty in the cash flow estimates."},