Pamela Hellig considers the main points product development actuaries may need to think about when designing and pricing products in an IFRS 17 world.
MBE Consulting has teamed up with APACINSURTECH and Legerity Financials to provide insurers in Indonesia with an end-to-end solution to help them reach PSAK 74 compliance by 1 January 2025 deadline.
With IFRS 17 projects well advanced Christo Muller outlines six important considerations when moving on-premise actuarial processes and systems to an SaaS solution.
Case Study: Read how we helped fast track a major South African Insurer with their IFRS 17 transition preparation for two of their main portfolios.
Complying with the IFRS 17 insurance contracts accounting standard is hard work, especially for firms writing long-term contracts. Pamela Hellig discusses the potential for the premium allocation approach to relieve the pressure.
Late last year, we published our industry-wide report that investigated the challenges life insurance companies are facing around the IFRS 17 Risk Adjustment and its associated confidence level.
In the last instalment of my transformation series, I’m going to spare you the analogies and boil down years of involvement in a variety of transformation projects into four practical lessons my team and I have learnt from those that worked well.