FCF
FCF: Fulfillment Cash Flows
→ basically the present value of an insurer's liabilities, including discounting and risk adjustments
Does FCF include both LIC and LRC and RA
Is it wrong to say
FCF = LIC + LRC + RA + Adjustment for discounting?
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FCF: Fulfillment Cash Flows
→ basically the present value of an insurer's liabilities, including discounting and risk adjustments
Does FCF include both LIC and LRC and RA
Is it wrong to say
FCF = LIC + LRC + RA + Adjustment for discounting?
Comments
Sorry for this dumb question.
Please disregard this questions. After reading IFRS - LRC. I get it now.