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Issue With One Of The Formulas Related To The Amortization Of The Loss Component (Doc ID 2917889.1)

Last updated on DECEMBER 29, 2022

Applies to:

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

Symptoms

In IAA the formulas are taking a portion of the loss component used to amortize the CSM, and moving this portion from revenue to expenses (as a negative expense). This seems incorrect since this portion can be larger than revenue, resulting in negative revenue for the period.

Cause

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In this Document
Symptoms
Cause
Solution
References


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