Insurance companies are quite busy with IFRS17 and devote relatively little attention to IFRS9, its equivalent on the asset side. The complexity of this standard must however not be underestimated. […]
In 2017, after more than two decades of debates, outreach and Exposure Drafts, the IASB finally published the new IFRS 17 standard for Insurance Contracts. Following additional years of further […]
During the past decade, supervised classification problems have been identified in several actuarial fields, such as risk management, projection modeling, fraud and anomaly detection, etc. In many of these problems, […]
These days, nobody disputes the profound impact and yet-untouched potential of Machine Learning and Artificial Intelligence anymore. Yet, in the actuarial sciences, these breakthrough possibilities are hampered by regulation, the […]
The IASB issued 2017 the new comprehensive insurance accounting standard IFRS 17, with amendments issued in 2020. In addition to its general model, IFRS 17 introduces a modified approach, usually […]
Starting from the revenue recognition concepts of fee-based services, we will discuss the qualification criteria of IFRS 17 for the VFA. Basis are certain contractual features, including the identification of […]
Die AVÖ lädt alle Mitglieder herzlich zur Generalversammlung 2023 ein! Fachvorträge: 11:00 – 15:30 Uhr Generalversammlung: 16:00 – 18:00 Uhr Details finden Sie […]
For an insurance company, ensuring the proper coordination between assets and liabilities in order to achieve targeted financial objectives is of paramount interest. A strategy used to reach such objectives is […]
For an insurance company, ensuring the proper coordination between assets and liabilities in order to achieve targeted financial objectives is of paramount interest. A strategy used to reach such objectives […]
Nachhaltigkeit: An diesem Thema kommt niemand mehr vorbei. Die EU hat sich zum Ziel gesetzt, bis 2050 klimaneutral zu sein. Um diesen „Green Deal” umzusetzen, wurden auch für Versicherer umfangreiche […]
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 […]
Up to 2022 additional financial reporting on sustainability has been done on a voluntary basis by insurance companies. The reporting companies, usually larger groups, regularly involve actuaries in the corresponding […]
