Insurance Supervision - IFRS17 Implementation

Source details

Event: Insurance Supervision - IFRS17 Implementation (Session No.: SA 26.20).
Location: Male, Maldives.
Date: April 12-15, 2026 (1 week).
Delivery Method: In-person Training.
Primary Language: English.
Deadline: Deadline passed.
Target audience:
- Mid- to senior-level insurance supervisory professionals responsible for evaluating the financial condition of insurers.
- Senior policy officials engaged in strategic decision-making concerning the adoption and regulatory application of IFRS 17.
Qualifications: Participants should have a working knowledge of insurance supervision, financial regulation, or prudential oversight. No prior detailed knowledge of IFRS 17 or actuarial techniques is required.

Purpose: Support insurance authorities in South Asia in strengthening understanding of the supervisory implications of IFRS 17, Insurance Contracts, across jurisdictions at different stages of adoption and implementation.
Relevance:
- For authorities that have decided to adopt IFRS 17 and commenced implementation.
- For authorities where IFRS 17 use for regulatory purposes is still under consideration.
Content and methods:
- Structured, supervisory-oriented introduction to IFRS 17.
- Overview of accounting principles underlying the General Measurement Model (GMM) and the Premium Allocation Approach (PAA).
- Presentations, case illustrations, and group discussions to expose participants to IFRS 17 report interpretation in supervisory review.
- Coverage of common implementation challenges faced by insurers and regulators.
- Examination of potential adjustments to regulatory reporting, capital frameworks, and supervisory processes.
Intended outcome: Support both ongoing implementation efforts and informed decisions on future supervisory use of IFRS 17.

By the end of the workshop, participants will be better positioned to:

Gain a shared, high-level understanding of the purpose, structure, and key features of IFRS 17 from a supervisory perspective.
Develop introductory familiarity with the accounting principles underlying the General Measurement Model (GMM) and the Premium Allocation Approach (PAA).
Become acquainted with IFRS 17 financial statements and disclosures relevant to supervisory review.
Gain exposure to practical implementation issues and challenges observed in jurisdictions that have begun adopting IFRS 17.