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  • 00:20, 1 April 2026 Wikilah admin talk contribs created page Wix:Training/IFRS17/The risk adjustment/quiz (Created page with "{{Quiz/start}} {{Quiz | topic = What the risk adjustment represents | question = AXA Italy insures 4,000 households along the Ligurian coast against storm and flood damage. The actuaries estimate that the probability-weighted average cost of future claims for this portfolio is €8 million. On top of this best estimate, IFRS 17 requires a risk adjustment. What does the risk adjustment represent? | option_a = A regulatory fine the insurer must provis...")