We’re excited to announce that new versions of our PAA Calculator and PAA RI Held Calculator are now available!
This latest release brings two major enhancements:
👉 Liability for Incurred Claims (LIC) – and for reinsurance held also Asset for Incurred Claims (AIC) – are now calculated directly under the Premium Allocation Approach (PAA), calculating with claim cash flows per accident year.
👉 Calculations can now be performed for any intra-year period (1–12 months) on a year-to-date basis, with monthly, quarterly or annual input data.
Both calculators continue to be open, Excel-based, and highly adaptable, helping insurers and reinsurers measure Liabilities/Assets for Remaining Coverage and Liabilities/Assets for Incurred Claims with transparency and ease of use.
Key features of our solution:
✔️ Step-by-step transparency: Every stage of the calculation is visible – no black box.
✔️ Complete IFRS 17 workflow: From data inputs through measurement, accounting, reporting, and DWH outputs.
✔️ Flexible data options: Use either IFRS 17 terminology or the more familiar UPR approach depending on your portfolio.
✔️ Multi-portfolio support: Perform analyses across portfolios and assess the financial impact directly on your data.
✔️ Comprehensive reporting: Generate Statements of Financial Position & Performance plus all required reconciliation tables.
✔️ Easy customization: Adapt the calculators to your needs yourself, or let us support you with tailored adjustments.
📞 Want to explore how these new versions can streamline your IFRS 17 reporting? Let’s connect