Since the International Accounting Standards Board’s (IASB) adoption of International Financial Reporting Standard (IFRS) 17 - Insurance Contracts in May 2017, many across the insurance industry have been diving into the technical accounting interpretation and identifying the key threshold issues that impact decisions around data, operations, systems, and actuarial processes. For non-life insurers, in particular, the following 5 key topics have dominated conversations and conversion efforts: (1) eligibility for the simplified PAA measurement model and measurement of the liability for remaining coverage, (2) determining the level of aggregation, identifying onerous contracts, and measuring a loss component, (3) measuring the time value of money and risk adjustment, (4) evaluating contract boundaries and other key contractual features, and (5) examining the nuances associated with ceded reinsurance. This Webinar will focus on these key topics – introducing the challenges, how actuaries are getting involved, and some key observations. We will include illustrative examples to highlight the issues and discuss the nuances along the way. In addition, we will provide an update on the IASB’s re-deliberation process, which is expected to be completed by the end of March and a revised exposure draft is expected by the end of June 2019, highlighting some of the key impacts to non-life insurers. Since IFRS 17 will be impacting insurers across the globe, this update has strong relevance to all multinational companies – whether it will be primary basis of reporting or a consideration for local regulatory reporting for numerous entities.