Author: Milena Lacheta
At Gallagher Re, our team understands that there remains space for diversity in interpretation and practical application of IFRS 17 due to its principles-based standard. Amongst clients, the most pressing question has often been whether a multi-year reinsurance contract can be measured using a simplified version of the IFRS 17 valuation model.
In this article, Milena Lacheta, Head of Strategic and Financial Advisory UK at Gallagher Re, provides an introduction to the IFRS17 Insurance Contracts accounting standard, insurers’ model choices, multi-year reinsurance standards, and more.
