Alternative CSM approach for IFRS 17

The retrospective CSM is the source of some major IFRS 17 implementation challenges. Carlo Jonk offers the solution by using prospective valuation.

Triple A opens office in Spain!

Triple A – Risk Finance is growing. And now that Triple A is working for a growing number of clients in Spain, such as VidaCaixa, Medvida and Zurich, it’s time to open an office here.

Contractual Service Margin – calculate this also at the policy level!

The implementation of IFRS 17 and determining the Contractual Service Margin (CSM) for existing insurance contracts presents insurers with major challenges.

autoML: is this the Holy Grail for the insurance industry?

The primary objective of data science is adding value to the business, using data. This is where a well selected AutoML platform can make a difference.

IASB votes to postpone adoption of IFRS 17 by one year

Postponing the introduction of IFRS 17 and IFRS 9 gives insurers more time to work out important issues, such as the choice of interest rate curves to be applied and the methodology for risk adjustment.

Basel III’s final reforms – explanation in a nutshell

Basel III still has a future as the latest refinements introduce an output floor, minimum capital requirements are calculated for various financial and even non-financial risks. If you do a deep dive a whole new universe opens up.

AI: Actuarial Intelligence

Actuaries can make a substantial contribution to the interesting development of AI as part of a multidisciplinary team. In short: with Actuarial Intelligence.

Clustering over the BeNeLux – Modelling of dependent windstorms

Every winter the Netherlands is hit by several storms. Those extreme winter storms can cause big losses for insurers and are the most damaging insured natural catastrophes in the Netherlands.

Five ways IFRS 17 will change the finance professional’s work

IFRS 17 is a global standard and will ultimately have a major impact on business, including your own.

How do you become IFRS 17 compliant in time? Seven practical tips

Seven tips on how to make the transition to IFRS 17 as smooth as possible in the coming years.

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