IAIS Insurance Core Principles (ICPs)
ICP 14: Valuation – IAIS Insurance Core Principles (ICPs)

IAIS Insurance Core Principles (ICPs) 14.6: The current estimate: present value of all relevant projected cash flows on unbiased current assumptions

What does 14.6 require?

The current estimate reflects the present value of all relevant projected future cash flows arising in fulfilling insurance obligations, using unbiased, current assumptions.

Maintained by Gerard BlokdykControl text last updated

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