IFRS 17 -Insurance contracts

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IFRS 17 -Insurance contracts

Date :

January 21

Date :

7:00 pm - 9:00 pm

Event Description

CPD Event overview

The International Accounting Standards Board issued IFRS 17 in May 2017. Twenty years in the making this standard marks the start of a new age of accounting for insurers. IFRS 17 becomes effective on 1st January 2023 and presents a very challenging implementation timeline for insurers around the world.

This event is meant for senior stakeholders in the insurance market. This includes senior management as well as auditors and regulators.

This CPD Event will assist you to:

  1. Understand how IFRS17 will impact insurance companies and their stakeholders including auditors and regulators
  2. Plan your IFRS17 implementation journey
  3. Prepare for the potential pitfalls on this journey

CPD Event outline (2 hours):

  1. Introduction to IFRS17 and what’s changing
  2. Business impact – practical considerations for senior stakeholders
  3. Proposed IFRS17 implementation plan

 

Date : Thursday 21st January 2021

Time : 12:00pm – 02:00pm GMT +4 (Dubai time) |  7:00pm – 9:00pm AEST GMT +11  (Australia time)

Member Fee: FREE (Promo Code : IFRCPD)
Non-Member FEE:  AU$ 30

Mode: Online Speaker : Faisal Zai (FIA)

 

REGISTER NOW

 

Event Speaker

Mr. Faisal Zai is an actuary with 20 years’ experience across Europe (UK, France) and Asia (Pakistan, Malaysia, Saudi Arabia) in insurance. He has worked on assignments with various insurers including the Bank of England (UK regulator), Swiss Re, Aviva, and Sunlife of Canada. In his recent roles, Faisal has been involved in IFRS17 design/implementation for both life and non-life insurance companies. This has included hands on experience with IFRS17, performing detailed gap assessments, developing methodology, quantifying financial impact and systems implementation.

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