risk management

How ILS can fulfil your model review requirements

Our client wanted to launch several new products. As part of the product approval process, the products needed to comply with a number of requirements to ensure they were

IFRS 17 requires entities to identify portfolios of insurance contracts comprising contracts subject to similar risks and managed together.

While the new Standard, applying from November 2024, pertains to IT systems rather than end-user applications, actuaries may want to apply the spirit of the regulation to