Skip to main content
IFRS Academy

CERTYNEX IFRS ACADEMY

My account — Professional

Search the Academy

Home
My learning path
Exercises & quizzes
Cases
Workpapers
Exams
My progress

IFRS 17Insurance Contracts

IFRS 17Chapter 1Lesson 2

Exclusions, choice of standard and separation of components

Step 1 of 6Learning objectives

Go deeper+2 deeper insights · +1 point of attention

Some contracts are excluded from IFRS 17; others offer an option; an insurance contract may contain components that are separated and accounted for under other standards.

35 minNot started

Learning objectives

  • Name the main exclusions from the scope of IFRS 17 and the standard dealing with each.
  • Apply the three conditions of the choice for fixed-fee service contracts.
  • Determine, for a given contract, which components are separated and under which standard.

In this lesson

Original teaching content: it paraphrases the standard without reproducing it and does not replace the official text.

Contents — IFRS 17 — Insurance Contracts

  1. 1 · Not startedScope and insurance risk0 / 2 lessons
  2. 2 · Not startedPortfolios, groups, recognition and contract boundary0 / 2 lessons
  3. 3 · Not startedThe general model: initial measurement0 / 2 lessons
  4. 4 · Not startedSubsequent measurement and the contractual service margin0 / 2 lessons
  5. 5 · Not startedThe premium allocation approach0 / 1 lesson
  6. 6 · Not startedThe variable fee approach0 / 1 lesson
  7. 7 · Not startedReinsurance contracts held0 / 1 lesson
  8. 8 · Not startedPresentation and disclosure0 / 2 lessons
  9. 9 · Not startedModification and derecognition0 / 1 lesson
  10. 10 · Not startedTransition to IFRS 170 / 1 lesson
  11. 11 · Not startedLinks with other standards and decisions0 / 1 lesson