IFRS 17 Insurance Contracts: Implementation & Reporting in Practice
IFRS 17 did not change insurance economics — it made them visible, and visibility is what insurers are still learning to manage.
Format
Classroom · Virtual
Upcoming sessions
Pick a session to applyADMISSIONS OPENThe programme
Years after its effective date, IFRS 17 is still where insurance finance teams struggle: measurement models chosen once and lived with, a contractual service margin that behaves in ways boards do not expect, and disclosures that expose profitability patterns the old standard buried. This programme works the standard in practice — the general model, premium allocation approach and variable fee approach applied to realistic portfolios; the CSM rolled forward through the cases that confuse; reinsurance held; and the reporting layer: KPIs, analyst questions and the reconciliations auditors test first. For finance, actuarial and audit professionals who live with the standard rather than read about it.
What you will do
Who attends
Insurance finance and reporting teams; actuaries working the IFRS 17 engine; internal and external auditors of insurers; supervisors and analysts reading IFRS 17 statements.
Programme agenda
Built for the decisions no textbook prepares you for
I.The measurement models
- The general model: fulfilment cash flows, risk adjustment, CSM
- PAA eligibility and its quiet traps; VFA for participating business
- Level of aggregation: groups, cohorts and the onerous test
II.The engine room
- CSM roll-forward: unlocking, coverage units, the cases that confuse
- Reinsurance held: mismatches managed, not suffered
- Discount rates and the OCI option: policy choices with long shadows
III.The reporting layer
- Statements and disclosures: what they now reveal about the book
- KPIs under IFRS 17: CSM release, new business, experience
- The audit and supervisor conversations, prepared
Frequently asked
Which IFRS 17 measurement models does the course cover?
All three, applied to realistic portfolios rather than recited: the general model with fulfilment cash flows, risk adjustment and the CSM; the premium allocation approach, including its eligibility test and quiet traps; and the variable fee approach for participating business. Level of aggregation — groups, cohorts and the onerous contract test — is worked through alongside them.
Do I need an actuarial background to attend?
No. The programme is built for the people who live with the standard: insurance finance and reporting teams, actuaries working the IFRS 17 engine, internal and external auditors of insurers, and supervisors and analysts reading IFRS 17 statements. What matters is working familiarity with insurance reporting — the course then takes the CSM roll-forward, reinsurance held and the disclosures into practice.
Does the course cover the reporting and disclosure layer?
Yes — a full module works the reporting layer: what the statements and disclosures now reveal about the book, the KPIs analysts and supervisors expect — CSM release, new business, experience — and the reconciliations auditors test first. Discount rates and the OCI option are treated as policy choices with long shadows, and the audit and supervisor conversations are prepared, not improvised.
Can it be delivered in-house for our finance and actuarial teams?
Yes — like every BIZENIUS programme, it is available in-house, tailored to your institution’s portfolios, measurement model choices and reporting questions. Programmes are delivered in English and French. Sessions run on a rolling calendar, with dates confirmed on request, and fees and quotations are shared on enquiry.
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Take the brochure with you.
One request — the full agenda, the faculty and the next cohort dates, sent personally by the admissions team.