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IFRS17: IVASS Places the Proposed Amendments to Public Consultation

2022-02-16T13:04:56+02:00February 16th, 2022|News|

Yesterday, February 15, 2022, IVASS put in public consultation document no. 2/2022 which illustrates the proposed amendments to the rules necessary following the introduction of IFRS 17 (Insurance contracts), endorsed in European legislation with the Commission Regulation (EU) 2021/2036 of November 19, 2021.

Dynamic Policy Holder Behaviour Analysis: an Application of Sigmoid and Double Sigmoid Function

2022-02-16T13:00:27+02:00January 19th, 2022|News, Solvency II|

The term “policyholder behavior” refers to the decisions that policyholders (individuals, groups or organizations) make in selecting and using the benefits and guarantees implicit in life insurance products. It is clear that the future behavior of policyholders affects the price and risk management for most life insurance products: interrupting the payment of premiums and terminating […]

IASB has issued an amendment to the first application of IFRS 17

2021-12-15T10:58:14+02:00December 15th, 2021|Regulatory|

The International Accounting Standards Board (IASB) issued on December 9, 2021 an amendment to the transition requirements to IFRS 17 (Insurance Contracts), which allows insurers to opt, upon first application of the new standard, for a different way of presenting comparative data on financial assets. The amendment concerns only the transition phase to the new […]

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