The EU cohort exemption

Learning objectives

• Explain that the European Union endorsement regulation makes the annual cohort requirement optional for certain contracts with intergenerational mutualisation or cash-flow matching, and that this exemption is specific to the EU.L3
• Assess the effect of the exemption on compliance with IFRS as issued by the IASB and on the disclosures.L4

Normative references

The syntheses of the reference register are written in French: only the paragraph reference is shown here.

1 question

• Euronia SA, an insurer established in the European Union, applies to a portfolio of contracts pooled across generations the exemption provided by Regulation (EU) 2021/2036. How is this exemption correctly characterised in relation to the annual cohort requirement?L3