Would you like to get a more detailed overview of selected technical aspects of IFRS 17, the new accounting standard for insurance companies? Do you need to prepare for the planned changes in the technical calculations of insurance companies according to the new standard? Would you like to consult uncertainties? Then this training course has been prepared just for you.
No dates available. If you are interested in attending the training, please fill the form.
Actuaries getting ready to introduce IFRS 17’s technical aspects in insurance companies.
Project and IT managers and other insurance employees who will be involved in the new accounting standard’s implementation.
Others who want to gain a more detailed overview of the main changes in actuarial calculations according to IFRS 17.
Insurance contract aggregation – contract portfolios, onerous contract test, time cohorts.
General measurement models.
Valuation of future cash flows.
Determination of discount curves.
Risk adjustment calculations.
Specifics of alternative valuation approaches (variable fee approach, premium allocation approach).
Contractual service margins, use of coverage units in amortisation.
Transition to IFRS 17
Retrospective approaches, fair value approach.
determination of fair value according to IFRS 13.
After participation in the course, you will:
Understand the functioning of the key technical aspects used for the valuation of insurance contracts according to the new accounting standard.
Have an overview over the scope of required data and prerequisites for actuarial calculations according to IFRS 17.
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