Management Solutions organizes a training session on IFRS 17 in Mexico

Management Solutions organized a training session entitled "Adaptation to IFRS 17 regulations", attended by representatives from Mexico’s insurance industry leaders

​The training session examined some general concepts on the new principles for recognition, measurement, reporting and disclosure of information in insurance contracts, and looked into the benefits and the challenges for insurers, which require understanding methodology changes in the calculation of technical reserves and how these changes impact on their business and accounting systems, data, technology and organizational structure.

The event, which was attended by 80 experts from the Finance, Risks, Internal Control and Technical departments at leading insurance companies in the country and in which AMIS (Mexican Association of Insurance Institutions) also participated, was closed with a practical example on the Calculation of Technical Reserves.

Management Solutions organizes a training session on IFRS 17 in Mexico