HRD Training Prog No	10001655440
Date & Time	13 April 2026, 9.00 a.m. – 5.00 p.m.
Registration Deadline	2 April 2026
Learning Format	Physical

Overview

Understanding IFRS 17 can feel complex at first – not because the standard is difficult, but because many practitioners have yet to connect its reporting outcomes to the core principles of how insurance business truly operates. This course brings clarity and confidence by bridging that gap.

“From Premiums to Profits” is designed to demystify IFRS 17 by grounding participants in the foundational building blocks of insurance profitability. This course will revisit the basics: how premiums are priced, how reserves move, what drives surplus, and how experience variances flow through financial results. With this foundation in place, the course then connects these mechanics directly to IFRS 17 measures insurance revenue and insurance service results.

Using clear illustrations, intuitive examples and case studies, the course helps participants see IFRS 17 not as a black box, but as a logical extension of familiar insurance principles. By the end of the day, participants will be able to understand profit emergence under IFRS 17 in a more meaningful, business-oriented way, rather than relying solely on technical interpretations.

Recommended For

This course is ideal for finance, actuarial, risk, audit, and business professionals who need a clearer and more intuitive understanding of how insurance fundamentals translate into IFRS 17 results.

It is suitable for anyone involved in financial reporting, valuation, product performance analysis, or interpreting profit drivers under IFRS 17, especially those who find current explanations too technical and want to strengthen their ability to explain results confidently to stakeholders.

Learning Outcome

A. Strengthen the understanding of insurance fundamentals

1. Understand the composition and purpose of premiums for yearly renewable and long-term life insurance.
2. Break down insurance cash flows and identify their roles.

B. Interpret surplus and profit drivers with clarity

1. Differentiate between actual vs. expected experience and how these differences create surplus / profits.
2. Understand how reserves absorb changes in experience and why reserve margin matters.

C. Make sense of IFRS 17 financial statements

1. Understand how technical results under IFRS 4 transition into insurance service results under IFRS 17.
2. Interpret P&L impacts using intuitive insurance concepts rather than purely accounting rules.

D. Communicate IFRS 17 insights with confidence

1. Translate actuarial/technical concepts into business-friendly explanations.
2. Move from “calculating IFRS 17 results” to meaningfully explaining them.