India Webinars & Conference Schedule

Post-Implementation issues of

LDTI and IFRS-17

Tuesday, August 6, 2024 | 05:30 PM - 06:45 PM (IST)

With long duration targeted improvements and IFRS 17, the insurance industry just underwent the adoption of two of the most significant accounting changes in recent history. While many companies have now successfully completed their implementation projects and have passed their first external audit reviews, they have had to do so under tight deadlines with limited resources. As a consequence, the production teams often lacked the time and resources to take the necessary step back to reflect on the new risks and adapt or set up a new set of controls.

In practice, this can put companies in a vulnerable position where many of the new risks are not yet identified and/or fully understood, controls that have been set up lack proper documentation and governance and are performed manually in a spreadsheet creating more risks of errors. Good risk management requires a solid understanding of all of these new risks as well as a proper set of preventive, detective and corrective set of controls. Being able to set up a proper risks & controls analysis can be extremely valuable to insurance companies and can help get to the next stage of understanding and communicating financial results in this new LDTI / IFRS 17 world.

The presenters will address how internal audit can help actuaries better understand arising risks and build a more robust control framework.

Registration Fees

Individual: INR 750

Corporate: INR 18000
(10+ participants)

Registration Deadline
Saturday, August 3, 2024

Moderator

Zain Ibrahim

Regional Director (MEASA), Society of Actuaries

Zain Ibrahim

Regional Director (MEASA),
Society of Actuaries

Presenters

Kaushal Balanadu

FSA, MAAA, CERA
Director at KPMG US

Kaushal Balanadu

FSA, MAAA, CERA
Director at KPMG US

Shubham Garg

Actuarial Team Lead
Accenture India

Shubham Garg

Actuarial Team Lead
Accenture India

Baudouin Richier

FSA, CERA.
Manager at KPMG US

Baudouin Richier

FSA, CERA
Manager at KPMG US

Connect with Us

Arindam Mookherjee, Representative - India
M: +91 9811392148  |  E: AMookherjee@soa.org

Ravinder Rawat, Representative - India
M: +91 9910208703  |  E: ravinder@cimglobal.in