This industry-wide report investigated the challenges life insurance companies are facing around the IFRS 17 Risk Adjustment and its associated confidence level.
IFRS 17
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?
Our client had selected a software provider for their IFRS 17 solution. MBE was able to reduce the total estimated spend from R40 m to R7 m.
Andries Beukes explores the reasons why transformation projects often fail in actuarial teams – and what we can do to give them the best chance of succeeding.








