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IFRS17 Corporate Finance

The insurance industry has undergone a significant paradigm shift with the introduction of the International Financial Reporting Standard 17 Insurance Contracts (IFRS17) which has ushered in a new era of transformation. Our dedicated team at QED leads this paradigm shift positioned as your trusted partner throughout every stage of the IFRS17 journey. Since 2017, QED has been at the forefront, aiding numerous clients across Africa and beyond in their IFRS17 implementation journeys. Our involvement spans a diverse spectrum of clients, ranging from larger entities managing their IFRS17 calculations and reporting internally to those opting for our managed solution where we execute the IFRS17 process in our environment.

 

With a rich blend of expertise in actuarial science, accounting, risk management, lean process engineering and cutting-edge actuarial technologies, our commitment goes beyond delivering a seamless IFRS17 implementation. We extend our approach to encompass your broader finance transformation programmes.

 

Embrace the future with confidence as we navigate the complexities together ensuring your success in this transformative period of insurance accounting.

  • Full implementation assistance

  • Managed solution implementation assistance (with Moody’s Analytics’ IFRS17 solution, RiskIntegrityTM)

  • Annual Financial Statement preparation/review

  • Disclosure checklists

  • Training on the standard

  • Life and general insurance calibrations for discount rates and risk adjustments

  • Product classifications

  • Gap analysis review

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