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Seminar

Seminar on Implementing IFRS 17 for Long-Duration Contracts

This event has passed.
Date:

08/29/2018

Time:

1:00 AM

August 29-30, 2018 | Marriott Marquis Washington

Gain the knowledge and tools you need before International Financial Reporting Standard (IFRS) 17 is implemented, and join us in August for the Seminar on Implementing IFRS 17 for Long-Duration Contracts.

This new seminar, hosted by the IFRS 17 Work Group of the Academy’s Financial Reporting Committee, will explore the accounting standard’s requirements and will prepare life and health financial reporting actuaries to achieve compliance with the accounting for insurance contracts.

Through a variety of interactive sessions presented by experienced actuaries, attendees will learn key tools to execute the new changes and be able to apply the techniques learned at the seminar to various scenarios during the seminar’s workshop sessions.

Who Should Attend?
Life and health financial reporting actuaries who will implement IFRS 17.

Agenda
Long-duration topics of focus for the seminar include:

  • Contract Boundaries
  • Contractual Service Margin and Grouping
  • General Measurement Model (GMM) and Variable Fee Approach (VFA)
  • Discount Rates
  • Transition Issues
  • Determination of the Risk Adjustment
  • Other Comprehensive Income (OCI) vs Profit and Loss
  • Reinsurance
  • Embedded derivatives separation

See the full agenda

REGISTRATION
Registration for this event is now closed. 

  Early
(Register by June 29)
Regular
(Register by Aug. 24)
Member $650 $750
Nonmember $850 $950
Government $400

HOTEL
The room block deadline has been extended through Friday, Aug. 17.  The seminar will be held at the Marriott Marquis in Washington, D.C. The Academy has secured a special rate of $195/night for attendees, available through Aug. 17 or until the room block is full. You can make your reservation online or by calling 855-821-4281. Be sure to reference the Academy’s event when making your reservation to secure this rate.

When making your travel plans, keep in mind that breakfast and the opening session will start at 8 a.m. EDT on Aug. 29. 

CE CREDIT
The American Academy of Actuaries believes in good faith that your attendance at this seminar may constitute relevant continuing education and an organized activity as defined under the current Qualification Standards for Actuaries Issuing Statements of Actuarial Opinion in the United States depending upon your area of practice. Under the U.S. Qualification Standards, an hour of continuing education is defined as 50 minutes, and fractions of an hour may be counted. The Academy believes that this year’s agenda will enable attendees to earn up to 13.8 hours of continuing education credit.

CANCELLATION POLICY
The Academy will refund the registration fee, minus $100 for administrative fees, for cancellations received by July 28. No refunds will be given for cancellations received after this date. Requests must be made in writing by emailing Kristina Jackson (kjackson@actuary.org) or mailing to:

Seminar on Implementing IFRS 17 for Long-Duration Contracts
Attn: Kristina Jackson
American Academy of Actuaries
1850 M Street NW, Suite 300
Washington, DC 20036

QUESTIONS
For more information, please contact Kristina Jackson at 202-223-8196 or kjackson@actuary.org.

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