IFRS 17 implementation support for insurers: model development on GGY Axis, Prophet, and Python. CSM waterfall reporting, data reconciliation, and transition advisory.
IFRS 17 replaced IFRS 4 as the global standard for insurance contract accounting. It changes how insurers measure and report liabilities: discounted cash flow projections, risk adjustments, contractual service margin (CSM) tracking, and granular unit-of-account grouping.
For most insurers, this is not a reporting change. It is an operating model change.
Any entity that issues insurance contracts, reinsurance contracts, or investment contracts with discretionary participation features. That includes life insurers, general insurers, reinsurers, and captive insurance entities.
Assess current IFRS 4 processes, identify gaps against IFRS 17 requirements, and build a phased transition plan covering data, models, systems, and reporting.
Build or adapt actuarial models in GGY Axis, Prophet, or Python. We handle GMM, PAA, and VFA depending on your portfolio.
IFRS 17 requires granular data at the cohort level. We design data pipelines, build reconciliation frameworks between actuarial and finance systems, and validate data completeness.
Build CSM waterfall reports, P&L attribution analyses, and disclosure templates your finance team can maintain on their own.
Book a free 30-minute discovery call. No sales pitch, just a conversation about what you actually need.
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