|Event Date:||November 06, 2017|
|Event Time:||14:00 - 18:00|
|Location:||180 Dostyk, Ave., Koktem Business Center, 8th floor|
KPMG seminar for insurance companies on IFRS 17 “Insurance Contracts” on 6 November in Almaty
It’s the dawn of a new era. After some 20 years of discussion, exposure drafts and debate, the comprehensive new accounting model in IFRS 17 Insurance Contracts will give users of financial information a whole new perspective on insurers’ financial statements.
The new standard brings greater comparability and transparency about the profitability of new and in-force business and gives users more insight into an insurer’s financial health than ever before. Separate presentation of underwriting and financial results will give added transparency about the sources of profits and quality of earnings.
But what does IFRS 17 mean for insurers?
The impact will vary significantly from company to company, depending on previous accounting policies and practices. But we are certain to see many and various impacts on the reported numbers.
To learn more, please register to KPMG seminar for insurance companies on IFRS 17 “Insurance Contracts” to be held on 6 November in Almaty.
To register, please follow the link.
For more information, please contact Ainur Alimbetova by tel. +7 727 298 08 98 (ext. 62401).