2013 23 c)
In relevant comments - do we always disclose IRIS 11, 12 and 13 for IRIS ratios? Is it correct if I disclose only IRIS 11? Is it correct if I disclose other IRIS ratios?
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In relevant comments - do we always disclose IRIS 11, 12 and 13 for IRIS ratios? Is it correct if I disclose only IRIS 11? Is it correct if I disclose other IRIS ratios?
Comments
(Note: This is problem 24, not 23.) For that section of the Relevant Comments regarding IRIS ratios 11, 12, 13:
So it is neither correct nor incorrect to disclose 12 & 13 in this case. It is the appointed actuary's judgement. Maybe if they are close to being out of range, you would want to disclose and discuss them.