IFRS 17: End of the World or the Beginning?

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The IASB's new standard, IFRS 17, is a significant shift in accounting for insurance companies around the world. The presenters will summarize final changes to the IFRS 17 standard and their impact on implementation as parallel runs and the transition period draws near. Many companies are heads down on their implementation journey and haven't begun to think about what happens once IFRS 17 goes live, what the business implications are, and new Key Performance Indicators for steering the business. The presenters will shine light on these unknowns and will also discuss how IFRS 17 will change the role of the actuary and how actuaries can begin preparing for those changes now.

Kelley Marie Weiss FSA (Moderator)

Transamerica

Kelley Weiss is a Senior Actuary at Transamerica. Early in her career, Kelley worked in several financial reporting roles, with primary focuses on indexed universal life reporting and variable annuity statutory valuation. More recently, she has transitioned to company-specific, strategically oriented projects - she currently works on modernization/transformation activities and IFRS 17 implementation. Kelley is a graduate of the University of Iowa and a Fellow of the Society of Actuaries (FSA).

Rodrigo Careaga ASA,MAAA

Corporate Actuary; Munich American Reassurance Company

Kyle Baxter Stolarz FSA,MAAA

Ernst & Young LLP

Kyle Stolarz is a Senior Manager in the Insurance and Actuarial Advisory Services practice of Ernst & Young, and has 10 years of experience within the life insurance industry. Kyle’s focus is on financial reporting, where recently he has been working with companies on IFRS 17 implementations. Additionally, Kyle has been preparing for the changes from the FASB targeted improvements. Kyle is a Fellow of the Society of Actuaries (FSA) and a Member of the American Academy of Actuaries (MAAA).

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Webcast Session
08/31/2020 at 11:45 AM (EDT)  |  Recorded On: 09/10/2020
08/31/2020 at 11:45 AM (EDT)  |  Recorded On: 09/10/2020
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