Actuartech

2.1.1 Overview

2.1.2 Setting Assumptions

2.1.3 Discount Rates

2.1.4 Risk Adjustment

2.1.5 Other Assumptions

2.2.1 IFRS 17 Calculations

2.3.1 Reporting & Disclosure

3.1 Overview

3.2 The importance of having an Audit Trail in Calculations

3.3 IFRS 17 - Practical Assignment

3.4 Initial Recognition

3.5 Fulfilment Cash Flows

3.6 Reconciliation

3.7 Subsequent Measurement

3.8 Reconciliations - Subsequent Reporting Periods

3.9 Statement of Financial Position

3.10 Disclosures

3.11 Statement of Profit or Loss

3.12 Practical Assignment Submission

3.13 Worked Example

4.1 Direct vs Reinsurance Accounting

Course Summary

1.0 IFRS 17 Technology Solutions: Build or Buy? Article (Ref 1.0)

1.1 Further delay to IFRS 17 and what this means for insurers - Webinar (Ref 1.1)

1.2 IFRS 17 Webinar - How Digital Transformation Impacts the Role of Finance and Actuarial (Ref 1.2)

1.3 IFRS 17: Contractual Service Margin (CSM) Article (Ref 1.3)

1.4 KPMG Illustrative disclosures for insurers Guide to annual financial statements IFRS 17 and IFRS 9 (Ref 1.4)

1.5 International GAAP Limited Selected Illustrative disclosures for IFRS 17 Insurance Contracts (Ref 1.5)

1.6 Deloitte IFRS 17 Update Webinar (Ref 1.6)

1.7 Dufrasne IFRS 17 : a comparison with IFRS 4 and an analysis of the impact of its application (Ref 1.7)

1.8 EY Impacts of IFRS 17 insurance contracts accounting standard Considerations for data, systems and processes (Ref 1.8)

1.9 IFRS 17 SCOR CAMPUS 2018 Highlights on IFRS 17 (Ref 1.9)

1.10 IFRS Foundation Understanding IFRS 17 Insurance Contracts National Standard-Setters (Ref 1.10)

1.11 IFRS Foundation IFRS 17 Insurance Contracts June 2020 Amendments (Ref 1.11)

1.12 IFRS 17 Materials - 3Blocks (Ref 1.12)

1.14a Millennium Consulting - IFRS17 Online Discussion Recording with Aviva (Ref 1.14a)

1.15 EY: Applying IFRS 17 - A Closer Look at the Insurance Contracts Standard

IFRS 17 calculations - other resources

1.16 AM Best: Key Performance Indicators More Meaningful under IFRS 17 (Ref 1.16)

1.17 International Actuarial Note 100: Application of IFRS 17 Insurance Contracts

References and Links

2.1 IFRS 17 Standard Text (PDF) with 2020 Amends (Ref 2.1)

Appendix 2 References