IFRS 17 / Ind AS 117 Service

Who this is for?

Independent actuarial review and audit support for insurers reporting under IFRS 17 / Ind AS 117.

Insurers transitioning to or already reporting under IFRS 17 / Ind AS 117, along with their auditors and audit committees seeking independent review of CSM calculations, reserves, or disclosures.

Assess

•Gap analysis between local GAAP and IFRS 17 outputs ​
•Transition approach review (Full Retrospective, Modified Retrospective, Fair Value)

Review

•Independent review of actuarial reserves and technical provisions · CSM (Contractual Service Margin) ​
•computation review · Risk adjustment methodology and assumption review · Assumption setting and governance revie

Validate

•Model output validation and reconciliation
•Disclosure and financial statement review (IFRS 17 notes, roll-forwards)

Support

•Audit support and coordination with statutory auditors
•Second opinion / peer review for management and audit committees