Articles - Bridge the gap with ReMetrica's new IFRS 17 components


Bridge the gap between risk and finance with ReMetrica’s new IFRS 17 components. With IFRS 17 on the horizon, actuaries play a critical role in calculating and reporting insurance reserves, reinsurance recoverables and forward-looking profitability – and now is your chance to step into the limelight with ReMetrica’s new components.

 The increased volume of data and complexity of calculation required for IFRS 17 mean that actuaries can no longer rely on manual processes and spreadsheets as they feed business-critical inputs into accounting systems.
  
 As a result, we are seeing insurers invest in new technology to bridge the gap between risk and finance.
  
 Now, ReMetrica’s new IFRS 17 components can answer actuaries’ questions such as:
     
  •   How can I carry out an eligibility test for the simplified model?
    •  
  •   How can I tell if a contract is onerous and track its account balance over time?
    •  
  •   How can I automate the necessary calculations, assumptions setting and cash flow projections with flexibility and a transparent audit trail?

  

 Sign up today for a demo and discover how your ReMetrica technology can be leveraged in new ways to address the requirements of IFRS 17 implementation.

 Regards

 Paul

  

 Paul Maitland | Head of Risk Software| Aon Center for Innovation and Analytics (ACIA), Singapore | 2 Shenton Way| #26-01, SGX Centre 1  |  Singapore | Tel: +6565120216 m: +6585184893  |   paul.maitland@aon.com

 

  

  

 Aon UK Limited is authorised and regulated by the Financial Conduct Authority. FP# 12948.

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