Events
KPMG Webinar: IFRS 17 insurance contracts and solvency II
07 December 2020 - 08 December 2020
Webinar
07 December 2020 - 08 December 2020
Webinar
KPMG Academy offers a valuable all-around webinar on IFRS 17 insurance contracts and Solvency II, in an effort to keep its clients fully informed about the particular IFRS, as well as updated on other related regulatory issues.
It is expected that the new standard will introduce a comprehensive new accounting model that will provide users of financial information a whole new perspective on the financial statements of the insurers. Furthermore, it will herald an end to the lack of comparability in the insurance sector and will increase transparency about the profitability of new and in-force businesses. The new standard will also offer users additional insight into the financial health of an insurer. It is certain that all insurers will see considerable impact on their reported numbers, one way or another. It is important to note that the implementation of the standard will require substantial effort.
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