IM Validation

[DmytroBigun]

1. DFA provides 100k and 300 scenarios with risk factors (pandemic, mort, morb, etc...) for validation. Validate figures in the file: _O:\CapMod_GRM_LA\CFM_scenario validation\2023-1\06scenario validation GRM-L&H\L&H UK

What is validated there:

• 100k new vs 100k old (the difference should be change in the calib factors)
• 300 new vs 300 old
• 100k vs 300 (whether 300 reflect 100k)
• 100k vs Calib changes

After that we need to validate additional scenarios (tbc)

[DmytroBigun]

Next Step is to validate Provided CFs (300 + 100).

1) Consistency check for 100 Additional scenarios (1-50 new economy, 51-100 old economy):

• update the figures based on the Actuary Life Reporting report: IM Additional_100_PVCF_ori_only

[DmytroBigun]

CI - payment in case of the diagnosis of critical illness. ACI - payment in case of the diagnosis of critical illness or death (any reason)