SOA | July 6, 2017
This presentation was given at the SOA Asia-Pacific Annual Symposium in Kuala Lumper, Malaysia.
- Brief overview of the latest IASB developments
- Introduction on the measurement model (including non-participating and participating policies), focus putting on variable fee approach and CSM mechanism
- Introduction on the other topics related (Presentation/ Insurance contract revenue, Reinsurance, Transition, Interaction with IFRS 9, etc.)
Expected operational challenges - Numerical illustrations on the transition to demonstrate the financial impacts
At the conclusion of the session, attendees will be able to
- describe the latest IFRS17 development
- explain the measurement model
- understand the operational challenges
IFRS 17 and its operational challenges