CERTYNEX IFRS ACADEMY

An insurance contract of Solène SA contains an embedded derivative that must be separated and a distinct investment component (case facts). Under which standard is each of these two components accounted for after separation?

Both remain measured under IFRS 17, with the fulfilment cash flows of the contract.

The derivative follows IFRS 17 and the investment component follows IFRS 9.

The derivative follows IFRS 9 and the investment component follows IFRS 15.

Both are accounted for under IFRS 9.