Reinsurance accounting poses unique challenges to insurance companies as they are going through accounting changes. From methodology to data and models, companies need to take special considerations when it comes to reinsurance, where many topics are not currently cut- and-dried. The presenters will compare and contrast reinsurance accounting guidance for LDTI and IFRS 17, discuss implementation strategies, and share challenges and lessons learned.
At the conclusion of the session, attendees will be able to:
• Develop a better understanding of the reinsurance accounting guidance under LDTI and IFRS 17
• Understand the challenges and potential solutions for implementing the guidance
• Obtain knowledge in best practice
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