IFRS 17

The statutory requirements of IFRS 17 are forcing a massive disruption and ultimately a transformation within the insurance industry. No IFRS compliant insurer will be able to escape the profound changes in their operating model, accounting policies, and subsequent accounting system outputs and flows.

  • WEBINAR - Life after IFRS 17

    WEBINAR - Life after IFRS 17

    Learn about how to fully leverage technology, finance, and actuarial investments in IFRS 17 for strategic business priorities.

    Watch Now
  • ×

    First Name
    Last Name
    Company
    Thank you!
    Error - something went wrong!
  • Webinar - Creating a Modern Workplace for Insurers

    Webinar - Creating a Modern Workplace for Insurers

    The complexity of consumer expectations, regulatory adoption pressures, and rapidly shifting market conditions have driven hyper-digitization in the insurance community.

    Watch Now
  • Mutual insurance financial statements are here

    Access Now
  • Actuarial Work and IFRS 17: The Role Actuaries Will Play

    Actuarial Work and IFRS 17: The Role Actuaries Will Play

    Article #6 - Model changes sometimes sound simpler than they really are. One constant in our IFRS 17 projects is that change ends up being more complex and require more resources than anticipated.

    Read Article
  • Disruption and transformation at your doorstep

    Disruption and transformation at your doorstep

    Article #1 - While the timing of the implementation of the standard has been well known, time is now of the essence.

    Read Article
  • ×

    First Name
    Last Name
    Company
    Phone Number
    Thank you!
    Error - something went wrong!
  • The standard vs. implementation realities

    The standard vs. implementation realities

    Article #2 - Reading of the standard is, for the experienced reader, a relatively straightforward exercise. However, interpreting the requirements of the standard into actual operationalized

    Read Article
  • Technology Solution Point-to-Point vs. Data Hub

    Technology Solution Point-to-Point vs. Data Hub

    Article #3 - Compliance can’t be achieved without substantial alignment of supporting IT systems to match new accounting policies, data accessibility and data analytics/reporting

    Read Article
  • Ready for IFRS 17? Let BDO help get you on track with an IFRS 17 assessment

    Request a Consult
  • IFRS 17: Don’t underestimate the complexity

    IFRS 17: Don’t underestimate the complexity

    Article #4 - Many of our clients originally underestimated the work needed to comply with the standard. For most short-term business, the premium allocation approach (PAA) can be used and it generally

    Read Article
  • Technology Solution – The Right Strategy for Data

    Technology Solution – The Right Strategy for Data

    Article #5 - By now, most insurers have established an IFRS 17 implementation plan and are working on the design of their solution.

    Read Article
  • The Standard vs. Implementation Realities

    The Standard vs. Implementation Realities

    Article #7 - When many insurers think of implementing IFRS 17, they may not recognize there other standards that may also need to be applied—including IFRS 9 for in-scope assets, and potentially IFRS

    Read Article
  • Learn More About Our Service Partners

    Learn More About Our Service Partners

    Learn More
  • Accelerate Adoption of IFRS 17

    Accelerate Adoption of IFRS 17

    Given the investments required for IFRS 17 and the impact to the business, many insurers have their sights set on targeted outcomes well beyond standard compliance.

    Watch Video
  • Pragmatic IFRS 17 Solutions in Action

    Pragmatic IFRS 17 Solutions in Action

    With the significant level of change impacting systems, processes, and people resulting from IFRS 17, Caribbean insurers are looking for implementation strategies that will achieve compliance

    Watch Video
  • Implementing IFRS 17: It's Time for a Straight Line to the Finish

    Implementing IFRS 17: It's Time for a Straight Line to the Finish

    It’s essential for businesses to have a comprehensive cross-functional strategy and collaborate with the finance, actuarial, and IT departments for implementing these new tools.

    Watch Video
  • Critical Milestones for Foreign Branches in 2021

    Critical Milestones for Foreign Branches in 2021

    IFRS 17 is expected to have a significant impact on the way insurance and reinsurance contracts are recognized, measured, and presented.

    Watch Video
  • IFRS Update – The impact of COVID-19 | BDO Canada59:22

    IFRS Update – The impact of COVID-19 | BDO Canada

    This training session covers the accounting and assurance issues related to COVID-19 for those reporting under IFRS. The focus of this session is on the implications of March 31, 2020 period-ends. The

    Watch Video
  • loading
    Loading More...