CERTYNEX IFRS ACADEMY

Axiome SA manages in a single team two ranges of motor third-party liability contracts whose risks are judged similar, and a range of death cover contracts whose risks differ (case assumptions). Which grouping into portfolios complies with the rule?

A single portfolio, because the three ranges are managed by the same team.

Three portfolios, one per range, because each range has its own tariffs.

Two portfolios: the death cover range with one motor range, according to the size of premiums.

Two portfolios: the two motor ranges together, the death cover range separately.