Finding the handover point: Actuarial & accounting systems

Some of the topics covered by this paper include:

• The difference between an Actuarial CSM and an Accounting CSM - and why an accounting CSM is critical

• 10 complex requirements not typically undertaken in the actuarial environment that can be met by a subledger accounting approach including support for multi-currency, reconciliations and more.

• Diagram of a typical business flow required for IFRS 17
• The need to store the results of contract performance measurements at each measurement period and provide a fully auditable process as the calculation changes over time