For many companies, this is the time to finalise their interim accounts for the second quarter of FY 2017-18. An understanding of the movement in discount rate during this period will help in making an appropriate provision towards employee benefits liabilities. Source of the discount rate for actuarial valuation Companies often have to set the […]
For many companies, this is the time to finalise their interim accounts for the first quarter of the current financial year. It is important to understand the movement in discount rate during this period to make an appropriate provision towards employee benefits liabilities. Source of the discount rate for actuarial valuation Companies often have to set […]
Setting the right actuarial assumptions is central to the accuracy of any actuarial valuation. However, there is a general lack of understanding among the stakeholders about how the assumptions should be set. No matter how much care is taken in doing an actuarial valuation, the results could still be useless if assumptions are not set […]
Topics such as risk-neutral probability and market-consistent valuation are at the heart of a Risk-Based Capital or an Economic Capital (EC) framework. Yet they continue to remain widely misunderstood. As the insurance regulations continue to evolve, it is important to get a proper grasp of some of these concepts. Here is a list of five […]
Ind AS 19 should be a welcome news for most companies, as the P&L statement will become very stable, as compared with AS 15, and the actuarial losses will flow through the OCI. For companies coming under the ambit of Indian Accounting Standards (Ind AS), the transition from AS 15 is expected to be challenging and the […]