Understanding IFRS 17

Event Type
EAA Seminar
Organizer
EAA
Date
Time

Monday, 20th April 2020 from 8:45 am

&

Tuesday, 21st April 2020 from 9.00 am

Venue
Eurostars Budapest Center
Kossuth Lajos utca 7-0
1053 Budapest, Hungary
Description

After almost 20 years of debates, outreach and Exposure Drafts, the IASB has finally published the new IFRS 17 standard for Insurance Contracts in 2017. The new standard will become effective on 1 January 2022 and will fundamentally change the way insurance companies present their obligations and their financial performance stemming from insurance contracts. Consequently, IFRS 17 has triggered major implementation projects at all insurance and reinsurance companies affected – and no company can afford to waste time!

A strong focus of this seminar lies on the accounting framework in which actuaries operate. It will address the specifics of all relevant insurance lines of business and highlight key conceptual topics and options the standard offers for implementation. It will refer to the transition period as well. The seminar will be useful for both finance and actuarial experts who are involved in IFRS 17 implementation or who are interested in the practical application of this ground-breaking new standard.

The early-bird registration fee is € 840.00 plus 27% VAT for registrations by 20 February 2020. After this date, the fee will be € 990.00 plus 27% VAT.

Please find additional, extended information in the file uploaded below.

Speakers/Presenters
Dr. Clemens Frey
Dr Clemens Frey, Actuary DAV, CERA, is Partner at a Big4 Consulting Firm since 2013.

Carsten Horst
Carsten Horst is Director at the Hannover Office of PricewaterhouseCoopers GmbH WPG.

David Richter
David Richter is Senior Manager within the Actuarial Services Team of PricewaterhouseCoopers
GmbH WPG focusing on health insurance and actuarial/risk/accounting intersectional topics
(e.g. Solvency II, Fast Close and of course IFRS 17).
File attachments
Attachment Size
Announcement_IFRS17_Budapest_20200420.pdf 188.16 KB