This is a 2-day workshop designed for general insurance professionals. The aim of this workshop is to provide in-depth insight into the International Financial Reporting Standards (IFRS 17) for non-life Insurance contracts.
- Presentation of Financial Statements under IFRS 17
- Premium Allocation Approach for short term products
- Solvency II and Capital management
- Non-Life products with investment components
- Impact of LIC and LRC on the Balance sheet;
- How to educate market participants/stakeholders.
With plenty of time for questions and case studies this workshop allows you to bring back specific and practical insights to your implementation project.
Meet Your Workshop Leader!
Sunil Kansal is an acknowledged IFRS expert and Head of Consulting at Shasat. He specializes in the insurance (both life and non-life) and banking sectors. Being a technical subject matter expert in insurance and financial instruments, he manages the accounting, regulatory and other technical issues impacting these industries. He has hands-on experience in assisting institutions such as AIG, Aviva, ABSA, Prudential, Marsh, HSBC, Barclays and many others European organisations. During 2004 and 2005, he worked on a number of IFRS (including IFRS 4 and IAS 39) implementation projects for some of the leading insurance firms in Europe, and then subsequently contributed in the development of phase II of IFRS 4 (IFRS 17) and IFRS 9 through various insurance lobby forums/groups in Europe. Now he is leading a number of IFRS 17 implementation projects.