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.
Actuary training fails to prepare students for practical life office work in a crucial way: there is a glaring neglect of IT training.
Andries Beukes discusses with Cintia Cheong (InsuranceERM) the findings of an investigation into how insurers are planning to calculate their IFRS 17 risk adjustment and confidence level.
The necessity of strong actuarial leadership to the success of transformation projects is well established. Once the leaders are on board, what can they do to get buy-in from their teams?