The Institute and Faculty of Actuaries delivered a successful webinar titled “How will IFRS17 impact the actuarial industry post implementation” on Monday, 24th April.
The webinar aimed to provide valuable insights on the utilisation and implementation of IFRS 17 and how technology is driving change and creating new possibilities in this area.
We had the privilege of inviting four expert speakers to deliver this session. The webinar would not be possible without their inputs and detailed presentation. The speakers are:
- Francesco Nagari, Partner, Deloitte China Hong Kong office
- Liza Gonzalo , Director,Deloitte China,Hong Kong office
- Choi Ka Hei, Deloitte, Partner, Deloitte China,Hong Kong office
- Winnie Sun, Deloitte Partner, Deloitte China, Shanghai office
The key delivers covered:
- How insurance companies will use the new IFRS 17 financial reporting language to communicate to investors and the new KPI's we expect to emerge in 2023
- Impact on APAC insurers of the EU-carve out for IFRS 17 annual cohort requirement and the continuing developments in IFRS 17
- Technology and system optimisation trend post IFRS17 implementation including Business planning & forecasting, working data timetable optimisation, further transformation initiative driven by IFRS17
- The IFRS 17 data challenge and new benefits beyond compliance, perspectives for non-life insurers
Close to 400 attendees tuned in to the webinar and the overall feedback received were positive.
The webinar concluded with a Q&A session, where attendees had the opportunity to ask questions and seek clarifications on subject matter.
The IFoA APAC team is committed to advancing the actuarial profession in the region, seeking to develop a community of qualified actuaries and actuarial talent for the future, interlinking them to a global network of international members and resources. We look forward to the participation of the actuarial community and wider fields in our future events.
If you are interested in the webinar or would like to explore more about speaking and events opportunities with us, please feel free to contact
