Objective: The International Accounting Standards Board issued IFRS 17: “Insurance Contracts” in May 2017. IFRS 17 establishes the following: requirements that a company must apply when reporting on the insurance contracts it issues and the reinsurance contracts it holds.
ANA MARÍA RAMÍREZ PARTNER KPMG
Ana María Ramírez is a Leading Partner of Actuarial Insurance Services at KPMG. She has more than 25 years of experience in Actuarial Auditing of Technical Reserves of Insurance Institutions of all operations (Life, Accidents and Diseases, Health, Damages, Pensions derived from Social Security Laws), as well as in Actuarial Audit of Technical Reserves of Bonding Institutions. Her experience also includes the development of strategic planning models, including financial models for the incorporation of new insurance and surety companies, which include the determination of financial statements, flows, capital requirements and IRR. She graduated from ITAM, and is an Actuary Certified by the National Association of Actuaries for the Development of Technical Notes of Products and the Valuation of Technical Reserves in the field of Insurance and Surety of all types.
EDUARDO LÓPEZ DIRECTOR KPMG
Eduardo is Audit director in Insurance Mexican practice at KPMG. Eduardo joined KPMG in 2005 in the audit financial sector. He is a public certificated accountant by the Mexican Institute of public accountants and had a certificate in finance by such institution. Eduardo was part of KPMG International Standard Group in the UK. He was part of the financial instrument and Insurance team in UK. He was part of the team responsible of publish the Insurance newsletter related to IFRS 17 and the amendments to the current IFRS 4. Additional to his IFRS experience, Eduardo has experience in Local gap, local gap for insurance companies, local gap for pension funds (annuities), mutual funds, brokers, payroll companies, and Insurance companies.
Topics: 1. IFRS 17 approach. 2. Separation of components. 3. General model. 4. Modification of contracts. 5. Presentation. 6. Simplified bonus approach. 7. Reinsurance contracts. 8. Presentation. 9. Revelations. 10. Insurance contracts acquired. 11. Transition. 12. Other considerations. 13. Potential changes at the accounting level. 14. Effective date. 15. Next steps.
SESSIONS Wednesday June 20 | 10:00 am - 6:00 pm Thursday June 21 | 10:00 am - 5:00 pm DURATION: 15 Hours VENUE: Universidad Panamericana Campus Santa Fe Antonio Dovalí Jaime 75, piso 6, Centro de Ciudad Santa Fe
REGISTRATION Telephone:: +52 (55) 5638 0367 y +52 (55) 5669 4729 E-MAIL:
[email protected] COST: $25,000 MEXICAN PESOS + TAX (16%) LIMITED OPENINGS
REQUIREMENTS: 1. Graduated from an economic and/or administrative career. 2. Preferably working in Financial Institutions. 3. Participants should bring a laptop.
PAYMENT METHODS: Bank Transfer in US Dollars (Foreign Institutions) BANK: BBVA Bancomer BRANCH NUMBER: 095 SWIFT: BCMRMXMM BENEFICIARY: RiskMathics, S.C. ACCOUNT NUMBER: 0121 8000 11 0583 0066 Credit Card: VISA, MASTERCARD or AMERICAN EXPRESS.
IMPORTANT NOTICE: There will be no reimbursements
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