Part of the Current Issues in Life Assurance (CILA) 2023 Webinar Series
IFRS 17 came into effect on 1 January 2023. Many insurance companies also applied IFRS 9 for the first time at that date.
Insurers must now consider what to disclose in the first financial statements in which IFRS 17 and IFRS 9 are applied. For insurers who prepare interim reports, this will be required either in the first quarter or first half of 2023.
We will present an analysis of insurers’ disclosures, including the level of qualitative and quantitative information disclosed.
Rachel is a director in EY’s life actuarial team and has over 17 years’ experience in the life insurance industry. She leads EY’s UK life actuarial IFRS 17 team and works with insurers to help implement the required changes in an efficient way.
Rachel also runs monthly life insurance forums to debate IFRS 17 technical and implementation issues, provides training, contributes to EY’s thought leadership, and speaks at industry events.