The goal of the two-day web session is to provide participants with a comprehensive introduction to the new measurement, presentation and disclosure guidance for insurance contracts. It will cover life, health and non-life business, including the special guidance on direct participating contracts and shorter term non-life contracts and give useful examples. In the web […]
This session aims at analysing the impact of IFRS17 versus Solvency II. After a general description of both frameworks, we highlight the most recent expected changes following the Solvency II review with a focus on discount rates and risk margin. We will then explain IFRS17 accounting choices versus Solvency II and benchmark those. Finally, we […]
As Insurance is being impacted by new and disruptive technology, how will actuarial reserving techniques be impacted? Whilst triangle methods have traditionally been seen as the key methods in the reserving area, this may be challenged in the future by more complex expectations, improving technology, modelling capabilities, etc. Reserving practices are expected to keep […]
The goal of this three-hour 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 […]
The debate on climate change has rapidly evolved in recent years. It is no longer on whether the evidence of human impact on climate change is real, but on whether key mitigating strategies being adopted are sufficient. For insurance industry, climate change manifests itself through a variety of risks on the asset and liability […]
How to valuate future cash flows is a fundamental problem in both finance and actuarial science. (Pricing of financial products, premium and technical provisions of insurance contracts). However, traditional ways of valuing actuarial or financial liabilities are quite different. In Finance, the pricing is based on risk neutral expectations of discounted cash flows, originally justified […]
