We are in a period of significant change for the industry and it is essential that Assuris continues to serve policyholders and the industry by retaining its focus on solvency risk and resolution.
The implementation of IFRS 17 is a fundamental change to a life insurance company’s financial reporting. This change will have implications to our members’ business model, the products they sell, their investment strategies and their use of reinsurance.
This will require Assuris to have an in-depth understanding of what the new accounting under IFRS 17 means for the industry and for our risk detection and resolution analysis.
Assuris is a strong organization with a committed management team and a dedicated Board.