IFRS 17 and Solvency II : Basic considerations

- Χρηματοοικ. Ασφαλιστικά Τραπεζικά - Νομοθεσία, Νομική & Δικηγόροι

16 Μαΐου 2022 09:00 17 Μαΐου 2022 12:30
Αγγλικά
7 ώρες ( 2 μέρες )
IFRS 17 and Solvency II : Basic considerations

ΠΕΡΙΓΡΑΦΗ

In an effort to address basic considerations regarding IFRS 17 insurance contracts and solvency II, answer questions and provide guidance, especially to professionals in the insurance sector, KPMG Academy offers this highly recommended training.

It is expected that the new standard will introduce a comprehensive new accounting model that will give 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. It will also increase transparency about the profitability of new and in-force businesses and will provide users additional insights into the financial health of an insurer.

It is certain that all insurers will see impact on their reported numbers, whilst it is projected that the implementation of the standard will require substantial effort.

ΣΚΟΠΟΣ ΣΕΜΙΝΑΡΙΟΥ

By the end of the training, participants will be able to:

  • Identify the requirements of the new standard and the relevant regulatory issues
  • Apply in practice the IFRS 17 and Solvency II requirements.
  • Demonstrate the impact of the new standard on their profession by being informed of the following

                o IFRS 17: Overview

                o IFRS 17: scope and the basic principles of the general measurement model

                o IFRS 17: Measurement modifications

                o IFRS 17 Insurance Contracts: Disclosures, acquisitions and transition

                o Solvency II: Overview and latest updates

                o Solvency II: Differences and Similarities with IFRS 17

  • Adopt and implement transparency strategies.

ΣΕ ΠΟΙΟΥΣ ΑΠΕΥΘΥΝΕΤΑΙ

This seminar is essential for the insurance sector’s CEOs, financial controllers, finance managers, finance directors, actuarial professionals, risk managers, accountants and auditors who wish to be informed about this new IFRS standard and legislation. It is also beneficial for professionals in the insurance sector who are involved in the financial statements preparation process and / or the provision of compliance services as well as any professional who wants to have a basic awareness of the subject.


*The number of participants is restricted to 28.

ΠΕΡΙΣΣΟΤΕΡΕΣ ΠΛΗΡΟΦΟΡΙΕΣ


Trainers

Vanezis Pangratios
 Board Member, IFRS 9 and IFRS 17 implementation leader, Audit, KPMG in Cyprus

Pangratios has been working with KPMG in Cyprus since 2003 and became a Board Member in 2017. He holds a BA in Accounting & Finance from Lancaster University and is an Associate member of the Institute of Chartered Accountants in England and Wales.

Pangratios possesses versatile industry experience from the financial services sector, consumer products, as well as more specialised sectors such as the airline transport industry, agriculture and food and beverages. In 2014, he was pivotal in the creation of the KPMG Enterprise and Startups team of KPMG in Cyprus, for which he is currently the team leader.

He is actively involved in the group which provides training and support within KPMG in Cyprus, as well as in the DPP (Accounting) of KPMG in Cyprus, which provides insights, consultation and training on financial reporting issues both internally and externally. He is the implementation leader and contact person on IFRS 17 and IFRS 9 matters of KPMG Cyprus IFRS Helpdesk team. Pangratios is currently the Chairman of the Institute of Certified Public Accountants of Cyprus’ Accounting Committee. 

 

Lazarou Xanthia

Assistant Manager, Risk Consulting, KPMG in Cyprus

Xanthia graduated from Bayes Business School in London with a bachelor’s degree in Actuarial Science. She is a member of the Institute and Faculty of Actuaries (IFoa) UK and an Assistant Manager in the Risk Consulting Department of KPMG in Cyprus. She joined KPMG in Cyprus at the beginning of 2020 to support the department’s insurance team, after working for 3 years in the UK London insurance industry. M Her previous working experience includes stress scenario testing projects.

Xanthia has gained significant experience in the insurance sector of Cyprus by working in Solvency II projects, performing and reviewing actuarial reserves for Life and Non-Life Companies and getting involved in IFRS 17 projects.

Xanthia has delivered several training workshops on Risk Management, Solvency II, Reserving and IFRS 17. She is a member of the KPMG in Cyprus IFRS 17 team and among her duties is the support of clients with gap analysis and implementations.

Αναλυτικό Κόστος Σεμιναρίου

Για Δικαιούχους ΑνΑΔ

  • € 250.00
  • € 119.00
  • € 47.50
  • € 131.00

Για μη-Δικαιούχους ΑνΑΔ

  • € 250.00
  • € 0.00
  • € 47.50
  • € 250.00

Κοστολογικές Πληροφορίες

*Last Date for 10% Early Bird Discount: 25/04/2022

ΠΡΟΓΡΑΜΜΑ ΣΕΜΙΝΑΡΙΟΥ

Δευτέρα - 16 Μαΐου 2022

Ώρα

09:00 - 12:15

Τοποθεσία:

OnLine Virtual Classroom

Τρίτη - 17 Μαΐου 2022

Ώρα

09:00 - 12:30

Τοποθεσία:

OnLine Virtual Classroom

Εκδήλωση Ενδιαφέροντος : IFRS 17 and Solvency II : Basic considerations

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