{"id":3375,"date":"2021-11-07T09:07:40","date_gmt":"2021-11-07T08:07:40","guid":{"rendered":"https:\/\/actuary.hu\/weblap3\/?p=3375"},"modified":"2022-01-07T16:26:36","modified_gmt":"2022-01-07T15:26:36","slug":"eaa-web-session-ifrs-17-challenges-in-the-derivation-of-the-risk-adjustment-and-its-confidence-level","status":"publish","type":"post","link":"https:\/\/actuary.hu\/weblap3\/eaa-web-session-ifrs-17-challenges-in-the-derivation-of-the-risk-adjustment-and-its-confidence-level\/","title":{"rendered":"EAA Web Session: &#8220;IFRS 17 \u2013 Challenges in the Derivation of the Risk Adjustment and its Confidence Level&#8221;"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"3375\" class=\"elementor elementor-3375\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-ae8c27b elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"ae8c27b\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-16fc3b0\" data-id=\"16fc3b0\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-d47e525 elementor-widget elementor-widget-image\" data-id=\"d47e525\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img fetchpriority=\"high\" decoding=\"async\" width=\"1024\" height=\"488\" src=\"https:\/\/actuary.hu\/weblap3\/wp-content\/uploads\/2021\/11\/EAA-IFRS17-Risk-Adjustment-1024x488.jpg\" class=\"attachment-large size-large wp-image-3377\" alt=\"\" srcset=\"https:\/\/actuary.hu\/weblap3\/wp-content\/uploads\/2021\/11\/EAA-IFRS17-Risk-Adjustment-1024x488.jpg 1024w, https:\/\/actuary.hu\/weblap3\/wp-content\/uploads\/2021\/11\/EAA-IFRS17-Risk-Adjustment-300x143.jpg 300w, https:\/\/actuary.hu\/weblap3\/wp-content\/uploads\/2021\/11\/EAA-IFRS17-Risk-Adjustment-768x366.jpg 768w, https:\/\/actuary.hu\/weblap3\/wp-content\/uploads\/2021\/11\/EAA-IFRS17-Risk-Adjustment-1536x732.jpg 1536w, https:\/\/actuary.hu\/weblap3\/wp-content\/uploads\/2021\/11\/EAA-IFRS17-Risk-Adjustment.jpg 1890w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-6895381 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"6895381\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-4c296f3\" data-id=\"4c296f3\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-d5d03fc elementor-widget elementor-widget-text-editor\" data-id=\"d5d03fc\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>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&amp;C (re)insurers such as how to estimate it and how to determine the confidence level needed for disclosure purposes.<\/p><p>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&amp;C companies.<\/p><p>&#8220;Very good presentation&#8221; or &#8220;The Presenter was able to explain it in a clear way. Thanks&#8221;. These are some of our participants&#8217; remarks after our session &#8220;IFRS 17 \u2013 Derivation of the Adjustment &amp; its Confidence Level&#8221; on 20 September 2021.<\/p><p>Are you interested in this up-to-date session? If yes, join us on <b>18 January 2022<\/b> from 10:00 to 12:00 CET and take part in that up-to-date event. Please <a href=\"https:\/\/newslettertogo.com\/m5atpz2v-6v0f6axy-umd4hmer-4ww\"><b>register here<\/b><\/a> and secure your place at the early bird rate until <b>7 December 2021<\/b>.<\/p><p>We would be happy to welcome you online.<\/p><p>Are you interested in other topics? Please visit our <a href=\"https:\/\/newslettertogo.com\/m5atpz2v-6v0f6axy-xnuvow0n-1bq9\">website<\/a> and find your suitable events&#8230;<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>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&amp;C (re)insurers such as how to estimate it and [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":3377,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"site-sidebar-layout":"default","site-content-layout":"default","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"disabled","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"default","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[3,11],"tags":[],"class_list":["post-3375","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-kepzesek"],"_links":{"self":[{"href":"https:\/\/actuary.hu\/weblap3\/wp-json\/wp\/v2\/posts\/3375","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/actuary.hu\/weblap3\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/actuary.hu\/weblap3\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/actuary.hu\/weblap3\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/actuary.hu\/weblap3\/wp-json\/wp\/v2\/comments?post=3375"}],"version-history":[{"count":5,"href":"https:\/\/actuary.hu\/weblap3\/wp-json\/wp\/v2\/posts\/3375\/revisions"}],"predecessor-version":[{"id":3389,"href":"https:\/\/actuary.hu\/weblap3\/wp-json\/wp\/v2\/posts\/3375\/revisions\/3389"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/actuary.hu\/weblap3\/wp-json\/wp\/v2\/media\/3377"}],"wp:attachment":[{"href":"https:\/\/actuary.hu\/weblap3\/wp-json\/wp\/v2\/media?parent=3375"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/actuary.hu\/weblap3\/wp-json\/wp\/v2\/categories?post=3375"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/actuary.hu\/weblap3\/wp-json\/wp\/v2\/tags?post=3375"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}