Skip to main content
Mastering IFRS 17; Comprehensive Risk Management for Insurance Contracts

Mastering IFRS 17; Comprehensive Risk Management for Insurance Contracts

$199.00
When you get access:
Course access is prepared after purchase and delivered via email
How you learn:
Self-paced • Lifetime updates
Your guarantee:
30-day money-back guarantee — no questions asked
Who trusts this:
Trusted by professionals in 160+ countries
Toolkit Included:
Includes a practical, ready-to-use toolkit with implementation templates, worksheets, checklists, and decision-support materials so you can apply what you learn immediately - no additional setup required.
Adding to cart… The item has been added

Mastering IFRS 17: Comprehensive Risk Management for Insurance Contracts



Course Overview

This comprehensive course is designed to equip participants with a deep understanding of IFRS 17, the latest standard for insurance contracts. Participants will learn how to apply the standard's principles and requirements to manage risk effectively in insurance contracts. Upon completion of the course, participants will receive a certificate issued by The Art of Service.



Course Features

  • Interactive and engaging learning experience
  • Comprehensive and up-to-date content
  • Personalized learning approach
  • Practical and real-world applications
  • High-quality content developed by expert instructors
  • Certificate issued by The Art of Service upon completion
  • Flexible learning schedule
  • User-friendly and mobile-accessible platform
  • Community-driven learning environment
  • Actionable insights and hands-on projects
  • Bite-sized lessons for easy learning
  • Lifetime access to course materials
  • Gamification and progress tracking features


Course Outline

Module 1: Introduction to IFRS 17

  • Overview of IFRS 17 and its objectives
  • Key principles and requirements of IFRS 17
  • Scope and applicability of IFRS 17
  • Comparison with previous standards (IFRS 4)

Module 2: Insurance Contracts and Risk Management

  • Definition and types of insurance contracts
  • Risk management principles and strategies
  • Assessment of insurance risk and liability
  • Measurement and reporting of insurance contracts

Module 3: Measurement of Insurance Contracts

  • Fulfillment cash flows and contractual service margin
  • Measurement of insurance contracts using the building block approach
  • Discounting and interest rates
  • Risk adjustment and uncertainty

Module 4: Premium Allocation Approach (PAA)

  • Overview of the premium allocation approach
  • Eligibility and application of the PAA
  • Measurement of insurance contracts using the PAA
  • Comparison with the building block approach

Module 5: Reinsurance and Insurance Contracts

  • Definition and types of reinsurance contracts
  • Accounting for reinsurance contracts
  • Measurement and reporting of reinsurance contracts
  • Interaction with insurance contracts

Module 6: Disclosure and Presentation

  • Disclosure requirements for insurance contracts
  • Presentation of insurance contracts in financial statements
  • Analysis and interpretation of insurance contract disclosures
  • Best practices for disclosure and presentation

Module 7: Implementation and Transition

  • Implementation challenges and strategies
  • Transition from previous standards (IFRS 4)
  • First-time adoption of IFRS 17
  • Disclosure requirements for transition

Module 8: Industry-Specific Considerations

  • Life insurance and IFRS 17
  • Property and casualty insurance and IFRS 17
  • Health insurance and IFRS 17
  • Other industry-specific considerations

Module 9: Case Studies and Practical Applications

  • Real-world examples of IFRS 17 implementation
  • Case studies of insurance contracts and risk management
  • Practical applications of IFRS 17 principles and requirements
  • Group discussions and exercises

Module 10: Conclusion and Final Assessment

  • Summary of key takeaways
  • Final assessment and evaluation
  • Certificate issuance and course completion


Certificate

Upon completion of the course, participants will receive a certificate issued by The Art of Service, demonstrating their mastery of IFRS 17 and comprehensive risk management for insurance contracts.

,
!