by admin | Feb 15, 2021 | IFRS 17
The importance of CSM calculation in IFRS 17 Is Contractual Service Margin (CSM) applicable to all the insurance contracts or only to those which are profitable in nature? How does it affect onerous contracts? And most importantly, what is its impact on an insurer’s...
by admin | Jan 20, 2021 | IFRS 17, Informative
IFRS 17 Insurance ContractsUsing Oracle Cloud to meet Disclosure Requirements IFRS 17 is expected to significantly impact the presentation and disclosures included in the financial statements of insurers. Fusion Practices’ solution uses Oracle cloud to help insurers...
by admin | Jan 6, 2021 | IFRS 17, Informative, Uncategorized
IFRS 17 – Insurance ContractsLevel of Aggregation IFRS 17 will transform the quality of reporting, make the insurance sector more ‘investible’ and improve communication between insurers and their investors. The level of aggregation required is not a challenge but an...
by admin | Dec 30, 2020 | IFRS 17, Informative
All you need to know about IFRS 17 Background Information Why is IFRS 17 replacing something that already exists? What are the major changes that will happen in IFRS 17 Models which IFRS 17 will make use of Building Block Approach (BBA) Premium Application Approach...
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