Under IFRS 17, the Risk Adjustment is intended to measure the compensation that the entity requires for bearing the uncertainty associated with the amount and timing of the cash flows that arises from non-financial risk. The IFRS 17 Risk Adjustment creates challenges for both life and P&C (re)insurers such as how to estimate it and how to determine the confidence level needed for disclosure purposes.
This web session will first provide a presentation of the challenges related to the derivation of the Risk Adjustment and the fulfillment of the key IFRS 17 requirements related to its calculation. This will be followed by a discussion about the need for a proper confidence level disclosure methodology. The presentation will then provide an overview of methodological solutions and will include applications for both life and P&C companies.
“Very good presentation” or “The Presenter was able to explain it in a clear way. Thanks”. These are some of our participants’ remarks after our session “IFRS 17 – Derivation of the Adjustment & its Confidence Level” on 20 September 2021.
Are you interested in this up-to-date session? If yes, join us on 18 January 2022 from 10:00 to 12:00 CET and take part in that up-to-date event. Please register here and secure your place at the early bird rate until 7 December 2021.
We would be happy to welcome you online.
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