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Description

IFRS 17: Selecting the Measurement Model, Valuing and Presenting Contracts

Understand the mechanics of IFRS 17 and read insurance financial statements built on its measurement aggregates

  • 1 day — 7 h
  • In-person or virtual
  • Intermediate
  • Up to 6 participants

IFRS 17 has rebuilt the accounting of insurance contracts around discounted measurement blocks and a service margin released as services are delivered. The income statement no longer resembles the one finance teams were used to: the premium disappears from the top line and discounting effects become visible.

This one-day programme provides the keys to reading and applying the standard. Seven hours cover the scope of the standard, the aggregation of contracts, the measurement models available, the mechanics of the contractual service margin and the presentation of insurers' financial statements.

Learning objectives

  • Define which contracts fall within the scope of IFRS 17
  • Build groups of contracts and assess whether they are onerous
  • Distinguish the general measurement model the premium allocation approach and the variable fee approach
  • Break measurement down into future cash flows discounting risk adjustment and service margin
  • Track the release of the contractual service margin from one reporting period to the next
  • Read the insurance income statement and balance sheet produced under the standard

What makes this programme different

The measurement mechanics are taken apart block by block on a group of contracts tracked over several reporting periods
An income statement before and after IFRS 17 is compared line by line
Discussions between accounting and actuarial profiles are structured around a shared vocabulary

Programme

1Scope and Aggregation of Contracts

Defining and organising the portfolio

  • Insurance contracts reinsurance contracts and investment contracts
  • Separation of distinct components within a contract
  • Building portfolios and groups of contracts
  • Contracts that are onerous at initial recognition
  • Contract boundary and cash flows taken into account

2Measurement Models

Selecting the method suited to the contract

  • General measurement model and construction of the measurement blocks
  • Estimating future cash flows and building discount curves
  • Risk adjustment for non-financial risk
  • Premium allocation approach and eligibility conditions
  • Variable fee approach for participating contracts

3Service Margin, Presentation and Transition

Translating measurement into the financial statements

  • Release of the contractual service margin across reporting periods
  • Distinction between insurance service result and insurance finance result
  • Presentation of the balance sheet and the income statement
  • Disclosure requirements and reconciliation tables
  • Transition issues and comparability between reporting periods

Who is it for

Accountants and controllers in insurance undertakings, actuaries, consolidation specialists, auditors and sector analysts.

Prerequisites

Familiarity with the general principles of IFRS standards and with insurance activities.

Dates & locations

36 scheduled dates between November 2026 and December 2027. Seats are confirmed in the order enquiries are received.

November 2026

December 2026

January 2027

February 2027

March 2027

April 2027

May 2027

June 2027

September 2027

October 2027

November 2027

December 2027

None of these dates suit you? We open additional sessions on request, and any programme can be run privately for your team.

Practical details

Before the programme
Online positioning questionnaire. Your development objectives are shared with the trainer, who tailors the practical case studies to your context.
Teaching methods
Theoretical input, workshops and practical case studies. Digital course materials and method sheets provided.
Assessment
Multiple-choice tests and role-play exercises. Assessment of learning at the start and end of the programme, with immediate and 60-day follow-up evaluations.
After the programme
One year of access to the e-learning platform. Self-assessment of the skills acquired and a 30-day follow-up session with your trainer.
How to register
Registration online or on the basis of a quotation.
Lead time
11 working days after confirmation of registration.
Accessibility
Accessible to people of determination. Contact our accessibility coordinator to design a suitable solution: contact@mpf-academy.ae
Start dates
Rolling intake: in addition to the scheduled sessions, this programme can start on request.