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27/28 Jun 2018 in Amsterdam

IFRS 17 – The Management Perspective

After almost 20 years of debates, outreach and Exposure Drafts, the IASB has finally published IFRS 17 Insurance Contracts. The new standard will become effective as early as 1.1.2021 and will fundamentally change the way insurance companies present their obligations and their financial performance stemming from insurance contracts.

Actuaries on all levels within companies will play a key role in implementing the new guidance: First, the standard will require many fundamental decisions, which will determine the amount and profile of IFRS results for years to come. Second, actuaries will be key to prepare decision making by top-management by explaining the options and their consequences. Third, measurement models will need to be developed, possibly starting with prototypes providing a starting point for an impact analysis and then gradually developed into audit proof applications.

Accordingly, this seminar presents the accounting framework in which actuaries operate, with a special focus on hands-on exercises from a management perspective.

Organised by the EAA – European Actuarial Academy GmbH


This seminar is suited for all interested individuals involved in financial reporting according to IFRS, such as actuaries (or specified accountants, controllers) involved in valuation, controlling, auditing and consulting.

Participants are expected to have general accounting knowledge and a general understanding of IFRS Financial Statements, in particular with respect to the Statement of Comprehensive Income and its components.

This seminar is specifically designed for individuals in decision making roles. 

During this seminar, you will need to bring your laptop for certain hands-on exercises that are integrated into the different lectures.

Purpose and Nature

The goal of the two-day seminar is to provide participants with a short introduction to the new measurement, presentation and disclosure guidance for insurance contracts. It will cover life and non-life business, including the special guidance on contracts with asset dependent cash flows.

In the seminar, we will first shed a light on the context of accounting for insurance contracts within the IFRS framework and discuss the concepts behind the new model. Main part of the seminar is a comprehensive discussion of the actual guidance.

Overall, the goal is to enable participants to interpret the standard and thus prepare for both organizing model development and consultation within the company, especially towards management, accounting and auditors.


The language of the seminar will be English.


Fons Basten

David Feltkamp

Fabian Kratz
Fabian is a director in the Financial Risk Management team of Deloitte in the Netherlands and leads the life actuarial modeling and capital advisory activities. Fabian has more than 10 years of experience with interpreting, implementing and modeling for regulatory and financial reporting standards for insurers. He is currently involved in IFRS17 implementation projects and has held various trainings and workshops on IFRS17 for clients as well as for Actuarial students. Fabian holds a M.Sc. in Computer Science as well as M.Sc. in Actuarial Science and is a Member of Dutch actuarial society (AG) as a qualified actuary.

Cornelis Slagmolen
Cornelis has been working in the insurance sector for over 7 years and has extensive experience with IFRS 17, Solvency II and actuarial valuation. Cornelis joined Deloitte The Netherlands back in 2011 and is currently part of the Financial Risk Management (FRM) team. During 2017 he came back from a 1.5 year secondment with the Actuaries & Consultants team of Deloitte Australia. He facilitated many IFRS 17 workshops at large insurance companies in both Australia and the Netherlands. Cornelis holds a M.Sc. in Econometrics and is a Member of Dutch actuarial society (AG) as a qualified actuary.

Participant Feedback

4.36 of 5 Points

Venue & Accommodation

The seminar will take place at the hotel

NH Carlton Amsterdam
Vijzelstraat 4
1017 HK Amsterdam, The Netherlands
Phone: +31 20 622 2266
hotel website

We have arranged special prices for accommodation. The special rate is 180 € including breakfast and VAT, but excluding city tax. It is valid for bookings by 11 June 2018 out of our allotment “EAA Seminar”. Our allotment includes a limited number of rooms. Kindly book your accommodation directly with the hotel using this link and note the hotel’s cancellation policy.