Page 121 - IC46 addendum
P. 121

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recognition of the reinsurance asset, that

the cedant may not receive all amounts

due to it under the terms of the contract

ii) that the event has a reliably measurable

impact on the amounts that the cedant

will receive from the insurer -

a. only i            b. only ii

c. None is correct d. All are correct

32. An insurer shall assess at the________ of

each reporting period, whether it's

recognised insurance liabilities are

adequate, using current estimates of

future cash flows under its insurance

contracts -

a. Beginning         b. End

c. Starting          d. Middle

                     —l—

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