Introduction and Eligibility Criteria:

The Premium Allocation Approach (PAA) is a simplification available for the General measurement model under IFRS 17, especially for short term insurance contracts. However, it must meet the following eligibility criteria:

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Total Insurance Contract Liability under PAA =

Liability for remaining coverage

+ Liability for incurred claims (including Risk Adjustment)

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To gain more insights on PAA under IFRS17 or for any other related discussions, please feel free to reach out to us at kap@ka-pandit.com

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Volatility in the Interest Rate March 2017 v/s June 2017

Employee Benefit Obligations are to be valued based on G-Sec rate of estimated term as prevalent at the end of the reporting period.

Topic to be covered: Volatility in the Interest Rate March 2017 v/s September 2017

Employee Benefit Obligations are to be valued based on G-Sec rate of estimated term asprevalent at the end of the reporting period.

KAP’s Interest Rate Updates For Employee Benefits as on 30th June 2025

Summary of G-sec rates and par yields for employee benefits as of 30th June 2025.

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