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EAA Web Session 

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The new IFRS 17 standard for Insurance Contracts will fundamentally change the way on how many insurance companies will have to present their obligations and their financial performance stemming from insurance contracts. Actuaries will play a key role in this new reporting regime: The standard will require fundamental decisions, which will determine the reporting of the amount and profile of IFRS results for years to come. Actuaries will need to understand the corresponding consequences for reporting and to be able to explain it to their top-management. They will also play a key role in the preparation of landmark decisions and will need to closely collaborate and communicate with other functions, i.e. the accounting function.

The goal of this two hours web session is to provide participants with a comprehensive introduction on the new IFRS reporting requirements for insurance contracts after go-live of IFRS 17. Focus will be the illustration of the new reporting requirements of IFRS 17 to "demystify" the new presentation requirements on the IFRS balance sheet and the statements of financial performance (Profit and Loss as well as Other Comprehensive Income). The web session will also briefly compare key aspects of the new reporting requirements to today's IFRS 4-reporting practice, contain a summary of the main information which can be found within the new IFRS 17 reporting and cover the various aspects for primary and reinsurance related business.

The web session will be useful for both finance and actuarial experts involved in IFRS 17 implementation or simply interested in the practical application of this ground-breaking new standard.

Your early-bird registration fee is € 100.00 plus 19% VAT for bookings by 12 May 2022. After this date, the fee will be € 140.00 plus 19% VAT.

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Coming soon...

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Understanding IFRS 17 | 19/20 May 2022

IFRS 17: The Variable Fee Approach - Basics and Challenges | 
25 May & 1 June 2022

Recent Actuarial Machine Learning Applications: An Overview | 31 May 2022

...and a lot more! Explore our website for more information or download our overview.

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actuarial-academy.com

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