EAA Web Session ‚IFRS 17 Unit of Account: Portfolios & Groups of Insurance Contracts‘

The web session discusses the requirements of IFRS 17 for aggregating insurance contracts in “portfolios of insurance contracts” and “groups of insurance contracts,” as well as their areas of
application. It discusses the conceptual and practical obstacles arising for each area. Special consideration is given to reinsurance contracts and commercial contracts, as well as to special circumstances such as portfolio transfers and business combinations. Further, issues arising
within consolidated groups of entities are considered.

The online training aims to enable participants to develop solutions for these issues and provide an accounting justification.