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IFRS 17 Simplified for Non-Life & HMO Companies
March 27, 2023

IFRS 17 Simplified for Non-Life & HMO Companies

The transition to the new financial reporting standards IFRS 17 is now one of the biggest concerns of Non-Life and HMO companies. Most IFRS 17 seminars have highlighted complex theories and system solutions that correspond to long-term products in the life insurance industry. The Miravite Actuary introduces a new approach, simplifying IFRS 17 for Non-Life and HMO companies, to provide a more relevant and cost-effective solution ensuring compliance with Insurance Commission's Financial Reporting Framework.