This session aims at describing the similarities and differences between the financial and prudential frameworks applicable to insurers. After a general overview, we will focus on discount rates and risk margin/risk adjustment including the expected changes from the review of Solvency II. A case study will then illustrate the application of those concepts to an insurance portfolio.

Participants are expected to have a basic knowledge of both IFRS17 and Solvency II frameworks.

Technical Requirements
Please check with your IT department if your firewall and computer settings support web session participation (the programme Zoom will be used for this online training). Please also make sure that you are joining the web session with a stable internet connection.

The purpose is to understand the key differences between IFRS17 and Solvency II and their impact when valuating an insurance contract. This will also allow users of financial and prudential information to get a better understanding of the figures depending on the methodology used.

The language of the web session will be English.

Daphné de Leval
Daphné has about 20 years of professional experience. She is mainly specialized in life insurance actuarial techniques, pension funds and risk management. She has worked on diverse functions: Solvency II implementation, risk management, financial and prudential audit, IFRS 17 implementation, Sustainability Projects and M&A. She is an active Actuary at European level within the Actuarial Association of Europe (AAE) (Vice-Chair Insurance Committee, Solvency II, and Sustainability).