Professional Guidance

The CAA has to date issued a Guidance Note for the Calculation of the Unexpired Risks Reserve.  This can be downloaded from the link below.  A similar document for the calculation of the Incurred But Not Reported claims reserve is currently in progress and will be updated shortly.

An exposure draft outlining the process for the drafting and issuing of Guidance Notes has also been approved by the CAA Executive Council and can be downloaded here.

 

   

GN1 - Calculation of the unexpired Risks Reserve

   

CAA porcess for the issuing of Guidance Notes