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Question On Onerousity (Doc ID 2875303.1)

Last updated on JUNE 13, 2022

Applies to:

Oracle Insurance Accounting Analyzer - Version 8.0.6 and later
Information in this document applies to any platform.

Goal

Q1.Does ofsaa compute onerousity i.e assess whether a contract is onerous or it expects customer to provide the onerousity status as data input in v_onerous_classification_code column?

Q2. What is the purpose of Onerous classification toggle button in the calculation preference templates? It is to compute onerousity or it expects customer to provide onerousity status and then accordingly perform ifrs17 computation.

Q3. If -1 is provided in FSI_CSM_GROUP_DIMENSION_MAP.ONEROUS_CLASSIFICATION_ID column, then what does engine do? Does it compute onerousity?
 

Solution

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