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Finance & Accounting

IFRS 17 Insurance Contracts: Implementation and Reporting

IFRS 17 fundamentally changed how insurers measure and report insurance contracts. This course explains the standard's requirements, including the general measurement model, premium allocation approach and variable fee approach, contractual service margin, risk adjustment, presentation and disclosure. Participants work through numerical examples and discuss implementation, data and systems challenges.

5 days Classroom or live online English
Smart Horizon Certified - Global Leadership Consultants
Take the course details with you.

Download the full standard outline: why attend, methodology, objectives, audience, competencies, the daily outline and current plans.

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Why attend

From knowledge to real-world impact.

IFRS 17 affects financial statements, KPIs and investor communication for all insurers. This course helps finance, actuarial and risk professionals understand and apply the standard confidently.

Workplace challenges

Professional Problems This Course Is Designed to Solve

The programme explores practical approaches to the following challenges. Results depend on how the learning is applied in your organisation.

  • Difficulty translating subject knowledge into practical workplace decisions.
  • Inconsistent approaches to the activities covered in the course outline.
  • Lack of a structured plan for applying and reviewing new skills.
Course methodology

How you will learn.

The course combines explanation of the standard with worked numerical examples, case studies, disclosure reviews and implementation discussions.

Course objectives

What you'll take away.

By the end of this course, participants will be able to:

  • Explain the scope and objectives of IFRS 17
  • Apply the general measurement model
  • Understand the premium allocation and variable fee approaches
  • Calculate and track the contractual service margin
  • Prepare IFRS 17 presentation and disclosures
  • Address implementation, data and systems challenges
Target audience

Who should attend.

This course is suitable for:

  • Insurance finance and accounting professionals
  • Actuaries
  • Auditors of insurance companies
  • Risk and investor relations professionals
  • Regulators
Target competencies

Capabilities you will build.

Participants will develop competencies in:

  • IFRS 17 measurement
  • Contractual service margin
  • Risk adjustment
  • Insurance financial reporting
  • Disclosure preparation
  • Implementation planning
Course outline

Your learning journey.

A focused, practical outline with time to explore, apply and reflect.

Day 1IFRS 17 Overview

  1. 09:00–09:54Background and objectives
  2. 09:54–10:48Scope and separation of components
  3. 10:48–11:00Level of aggregation
  4. 11:00–11:30Coffee break
  5. 11:30–12:12Level of aggregation (continued)
  6. 12:12–13:06Transition approaches
  7. 13:06–14:00Exercise: Identifying contract groups

Day 2General Measurement Model

  1. 09:00–09:54Fulfilment cash flows
  2. 09:54–10:48Discount rates
  3. 10:48–11:00Risk adjustment
  4. 11:00–11:30Coffee break
  5. 11:30–12:12Risk adjustment (continued)
  6. 12:12–13:06Contractual service margin
  7. 13:06–14:00Worked example: Initial measurement

Day 3Subsequent Measurement and Other Models

  1. 09:00–09:54CSM release and coverage units
  2. 09:54–10:48Onerous contracts
  3. 10:48–11:00Premium allocation approach
  4. 11:00–11:30Coffee break
  5. 11:30–12:12Premium allocation approach (continued)
  6. 12:12–13:06Variable fee approach
  7. 13:06–14:00Worked example: Subsequent measurement

Day 4Presentation and Disclosure

  1. 09:00–09:54Insurance revenue and service result
  2. 09:54–10:48Insurance finance income and expense
  3. 10:48–11:00Disclosures
  4. 11:00–11:30Coffee break
  5. 11:30–12:12Disclosures (continued)
  6. 12:12–13:06KPIs and investor communication
  7. 13:06–14:00Case study: Reviewing IFRS 17 statements

Day 5Implementation

  1. 09:00–09:54Data and systems requirements
  2. 09:54–10:48Actuarial and finance collaboration
  3. 10:48–11:00Controls and audit
  4. 11:00–11:30Coffee break
  5. 11:30–12:12Controls and audit (continued)
  6. 12:12–13:06Reinsurance contracts held
  7. 13:06–14:00Capstone: Implementation review

The timings provided are estimates and may vary depending on the number of participants and the discussions taking place during the sessions. They are indicative only and do not constitute a binding commitment.

Dates & venues

Find a session that works for you.

Confirmed dates accept registration requests. Tentative dates are enquiry only.

Kuala Lumpur 16 Nov - 20 Nov 2026
Confirmed dates
£1,450.-Register
Online Live virtual classroom 16 Nov - 20 Nov 2026
Confirmed dates
£1,250.-Register
Rome 23 Nov - 27 Nov 2026
Confirmed dates
£2,450.-Register
Online Live virtual classroom 23 Nov - 27 Nov 2026
Confirmed dates
£1,250.-Register
Paris 7 Dec - 11 Dec 2026
Confirmed dates
£2,860.-Register
Online Live virtual classroom 7 Dec - 11 Dec 2026
Confirmed dates
£1,250.-Register
Istanbul 14 Dec - 18 Dec 2026
Confirmed dates
£2,650.-Register
Online Live virtual classroom 14 Dec - 18 Dec 2026
Confirmed dates
£1,250.-Register
Amsterdam 4 Jan - 8 Jan 2027
Confirmed dates
£2,540.-Register
Online Live virtual classroom 4 Jan - 8 Jan 2027
Confirmed dates
£1,250.-Register
Singapore 18 Jan - 22 Jan 2027
Confirmed dates
£2,820.-Register
Online Live virtual classroom 18 Jan - 22 Jan 2027
Confirmed dates
£1,250.-Register
London 1 Feb - 5 Feb 2027
Confirmed dates
£2,450.-Register
Online Live virtual classroom 1 Feb - 5 Feb 2027
Confirmed dates
£1,250.-Register
Dubai 15 Feb - 19 Feb 2027
Confirmed dates
£3,150.-Register
Online Live virtual classroom 15 Feb - 19 Feb 2027
Confirmed dates
£1,250.-Register
Cape Town 22 Feb - 26 Feb 2027
Confirmed dates
£1,890.-Register
Online Live virtual classroom 22 Feb - 26 Feb 2027
Confirmed dates
£1,250.-Register
Frankfurt 1 Mar - 5 Mar 2027
Confirmed dates
£2,650.-Register
Online Live virtual classroom 1 Mar - 5 Mar 2027
Confirmed dates
£1,250.-Register
Kuala Lumpur 15 Mar - 19 Mar 2027
Confirmed dates
£1,450.-Register
Online Live virtual classroom 15 Mar - 19 Mar 2027
Confirmed dates
£1,250.-Register
Paris 5 Apr - 9 Apr 2027
Confirmed dates
£2,860.-Register
Online Live virtual classroom 5 Apr - 9 Apr 2027
Confirmed dates
£1,250.-Register
Istanbul 19 Apr - 23 Apr 2027
Confirmed dates
£2,650.-Register
Online Live virtual classroom 19 Apr - 23 Apr 2027
Confirmed dates
£1,250.-Register
Rome 26 Apr - 30 Apr 2027
Confirmed dates
£2,450.-Register
Online Live virtual classroom 26 Apr - 30 Apr 2027
Confirmed dates
£1,250.-Register
Amsterdam 3 May - 7 May 2027
Confirmed dates
£2,540.-Register
Online Live virtual classroom 3 May - 7 May 2027
Confirmed dates
£1,250.-Register
Singapore 17 May - 21 May 2027
Confirmed dates
£2,820.-Register
Online Live virtual classroom 17 May - 21 May 2027
Confirmed dates
£1,250.-Register
London 7 Jun - 11 Jun 2027
Confirmed dates
£2,450.-Register
Online Live virtual classroom 7 Jun - 11 Jun 2027
Confirmed dates
£1,250.-Register
Dubai 21 Jun - 25 Jun 2027
Confirmed dates
£3,150.-Register
Online Live virtual classroom 21 Jun - 25 Jun 2027
Confirmed dates
£1,250.-Register
Cape Town 28 Jun - 2 Jul 2027
Confirmed dates
£1,890.-Register
Online Live virtual classroom 28 Jun - 2 Jul 2027
Confirmed dates
£1,250.-Register
Frankfurt 5 Jul - 9 Jul 2027
Confirmed dates
£2,650.-Register
Online Live virtual classroom 5 Jul - 9 Jul 2027
Confirmed dates
£1,250.-Register
Kuala Lumpur 19 Jul - 23 Jul 2027
Confirmed dates
£1,450.-Register
Online Live virtual classroom 19 Jul - 23 Jul 2027
Confirmed dates
£1,250.-Register
Paris 2 Aug - 6 Aug 2027
Confirmed dates
£2,860.-Register
Online Live virtual classroom 2 Aug - 6 Aug 2027
Confirmed dates
£1,250.-Register
Istanbul 16 Aug - 20 Aug 2027
Confirmed dates
£2,650.-Register
Online Live virtual classroom 16 Aug - 20 Aug 2027
Confirmed dates
£1,250.-Register
Barcelona 30 Aug - 3 Sept 2027
Confirmed dates
£2,840.-Register
Online Live virtual classroom 30 Aug - 3 Sept 2027
Confirmed dates
£1,250.-Register
Amsterdam 6 Sept - 10 Sept 2027
Confirmed dates
£2,540.-Register
Online Live virtual classroom 6 Sept - 10 Sept 2027
Confirmed dates
£1,250.-Register
Singapore 20 Sept - 24 Sept 2027
Confirmed dates
£2,820.-Register
Online Live virtual classroom 20 Sept - 24 Sept 2027
Confirmed dates
£1,250.-Register
London 4 Oct - 8 Oct 2027
Confirmed dates
£2,450.-Register
Online Live virtual classroom 4 Oct - 8 Oct 2027
Confirmed dates
£1,250.-Register
Dubai 18 Oct - 22 Oct 2027
Confirmed dates
£3,150.-Register
Online Live virtual classroom 18 Oct - 22 Oct 2027
Confirmed dates
£1,250.-Register
Vienna 25 Oct - 29 Oct 2027
Confirmed dates
£2,940.-Register
Online Live virtual classroom 25 Oct - 29 Oct 2027
Confirmed dates
£1,250.-Register
Frankfurt 1 Nov - 5 Nov 2027
Confirmed dates
£2,650.-Register
Online Live virtual classroom 1 Nov - 5 Nov 2027
Confirmed dates
£1,250.-Register
Kuala Lumpur 15 Nov - 19 Nov 2027
Confirmed dates
£1,450.-Register
Online Live virtual classroom 15 Nov - 19 Nov 2027
Confirmed dates
£1,250.-Register
Paris 6 Dec - 10 Dec 2027
Confirmed dates
£2,860.-Register
Online Live virtual classroom 6 Dec - 10 Dec 2027
Confirmed dates
£1,250.-Register
Istanbul 13 Dec - 17 Dec 2027
Confirmed dates
£2,650.-Register
Online Live virtual classroom 13 Dec - 17 Dec 2027
Confirmed dates
£1,250.-Register

Good to know

A few things to know.

How is the course delivered?

Our classroom programmes combine facilitated discussion, case studies, exercises and reflection. The precise format will be confirmed before enrolment.

Can you deliver this programme for our team?

Yes, you can enquire about a tailored programme. Share your goals, group size and preferred dates with our learning team.

Will I receive a certificate?

Participants who complete the programme receive a Smart Horizon UK certificate of attendance. Smart Horizon UK programmes are not externally accredited and do not award a professional qualification, licence or designation. Where a course title or outline refers to a professional certification (for example, AACE International's Certified Cost Professional), the programme supports learning and preparation only; the credential itself is awarded solely by the relevant professional body under its own application and examination requirements.

What should I confirm before booking travel?

Please confirm the session, exact venue, accessibility arrangements, fees and any visa requirements with the team before arranging travel. Tentative dates are not confirmed sessions.

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