Introduction to IFRS17

Event Type
CPD Event
Date
Time

12.00pm - 12.30pm: Tea/Coffee/Sandwiches

12.30pm - 2.00pm: Meeting 

Venue
O'Callaghan Davenport Hotel, 8-10 Merrion Street Lower, Dublin 2
Description

IFRS17 is an International Financial Reporting Standard that was issued by the International Accounting Standards Board in May 2017. It replaces IFRS 4 on accounting for insurance contracts and has an effective date of 1 January 2021.

In this presentation, the aim is to provide members with a good understanding of the IFRS17 requirements and be equipped with the necessary basics/background information to understand the key challenges to be discussed at future talks. Specifically, the presentation will include the following:

  • objective
  • scope
  • key definitions
  • requirements
  • methodologies

This is the first in a series of talks and is presented jointly by the SAI life and non-life IFRS17 working groups. This introductory talk assumes no previous knowledge or experience in the area, and is aimed at actuaries at all levels.

Speakers/Presenters
Joanne Lonergan; FSAI
Niall Naughton; FSAI
Cost (members)
€0
Cost (non-members)
€50.00