P&C - Campus online
for business
21 June 2023

Going through a set of simplified yet illustrative case studies, the attendees will develop an understanding of the main challenges raised by the new IFRS 17 standard on their insurance business and reinsurance program.

Targeted attendees

Insurance professionals whose functions is related to business and financial strategy: Reinsurance managers, Head of strategy, Head of business units


A new measure of profitability for the (re)insurance business

Maybe the most fundamental change introduced by IFRS 17 is the way insurance liabilities are assessed on a balance sheet, moving closer to their “fair value” while also considering the company’s own views on the risk involved.

This presentation will explain the concepts of risk-adjustment (RA), contractual service margin (CSM), loss component and onerous contracts at the core of IFRS17. Several case studies will highlight the main consequences on the P&L and the strategic business challenges set by the new standard for (re)insurance companies.

Consequences on reinsurance programs

The impact of IFRS 17 on reinsurance programs should be minimal. Reinsurance treaties will continue to mitigate risk in the same way as under current accounting rules.

IFRS 17 for business
21 June 2023 from 10:30 AM to 12:00 PM CET (Central European Time)
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