Аңдатпа
According to IFRS 17, insurance contracts can be assessed using a common model. Upon initial recognition, a company must evaluate a group of contracts on the total amount of future cash flows and contract margins. Cash flows should be calculated with an adjustment reflecting the cost of money over time. In addition, the financial risks associated with future cash flows should be taken into account. Risk adjustment should also take into account non-financial risks. The subsequent assessment of the balance sheet value of a group of insurance contracts at the end of each reporting period should consist of the amount of obligations for the remaining insurance coverage and obligations for losses incurred. The first part of these obligations should include cash flows related to future services and the group's contract margin at that date. The second part of the liabilities includes cash flows that are associated with past services assigned to the group at that date.