Systemorph #Techucation:
Present Value with our Notebook
IFRS17 calculations are made simple with Systemorph technology.
Welcome to Systemorph’s IFRS17 education series, a how-to guide for computing IFRS17 financials.
Series 1 tackles the topic of present value, the basis for computing IFRS17 financials, and sheds light on “how much money are you willing to pay today for a group of insurance contracts?”
In episode two, we show you how the present value of a group of insurance contracts can easily be calculated using our IFRS17 Calculation Engine developed in Systemorph Cloud Notebooks.
The Notebooks and data set presented during this video can be found directly in the project.
Meet our Community Team.
Get support with IFRS17.
IFRS17: How to read the full set of financial reports – Part 3
In the third of this three-part episode, we conclude with the contractual service margin and loss component reports, and lastly the disclosed financial performance both at the group level or for each unit of account.
IFRS17: How to read the full set of financial reports – Part 2
In the second of this three-part episode, we present written, advance and overdue actuals and the actuarial experience adjustment – the difference between effective and expected cash flows.
IFRS17: How to read the full set of financial reports – Part 1
In the first of this three-part episode, study the Best Estimates and Risk Adjustments of Present Values displayed in the Reports notebook and calculated from the template data shipped with the IFRS17 Project available in the Systemorph Cloud Portal.
IFRS17 Template: Get started
In this episode, we walk you through the Systemorph IFRS17 Template Project which includes a complete example of input data for many annual reporting periods and uses our Calculation Engine for producing and reporting results.
Present Value: Theory
We break down the theory behind calculating the present value of insurance contracts through the Analysis of Change approach.
Present Value: How to
We show you how to configure the Systemorph IFRS17 Calculation Engine to your own data set and business. From setting up your company’s many legal entities to include your favorite Analysis of Change step. This is where the magic happens.