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Setting discount rates under IFRS 17: Getting the job done

ByPierre-Edouard Arrouy, Charles Boddele, Thomas Bulpitt, Grzegorz Darkiewicz, Russell Ward, Freek Zandbergen, and Sihong Zhu
13 October 2020

IFRS 17 requires preparers of accounts to derive discount rates for the valuation of the cash flows associated with their insurance contracts. Conceptually setting a discount rate to reflect the time value of money and thereby to allow an expression of amounts to be paid or received at different future times in terms of a single consistent “currency” is relatively straightforward.


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About the Author(s)

Pierre-Edouard Arrouy

Charles Boddele

Thomas Bulpitt

Grzegorz Darkiewicz

Russell Ward

Freek Zandbergen

Sihong Zhu

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