Insurance companies are quite busy with IFRS17 and devote relatively little attention to IFRS9, its equivalent on the asset side. The complexity of this standard must however not be underestimated. If not only regular bonds, but also some banking products, appear on the balance sheet, IFRS9 poses quite some challenges.
This training mainly deals with mathematics and statistics, but related topics such as the IT implementation, accounting and governance aspects will also be briefly discussed. Parallels between actuarial work and IFRS9 modelling will be highlighted where appropriate.
At the end of the morning session, the participants will have a high-level view on the IFRS9 standard as a whole, a good insight in the modelling of expected credit losses and stage transfer under IFRS9, as well as clear ideas on how to proceed in practice.
Due to the great success of our first session: “Introduction to IFRS9 for Insurers” in December 2022, we are happy to offer our half day training on “IFRS9 modelling for insurers” once again on 22 May 2023, enhanced with short exercises, practical examples, as well as a hands-on demonstration.
Your early-bird registration fee is € 200.00 plus 19% VAT for bookings by 10 April 2023. After this date, the fee will be € 270.00 plus 19% VAT.