Asset liability management in connection with IFRS 17 (ALM in the context of IFRS 17)

Overview

This report addresses issues relating to the interaction between investments accounted for under IFRS 9 and insurance contracts accounted for under IFRS 17, as well as their impact on selected KPIs, differentiated by the measurement approaches under IFRS 17. First, the various measurement combinations from IFRS 9 and IFRS 17 are described, and each combination has what impact on the selected KPIs, before addressing the question of what this means for the comparability of KPIs between companies.

This report concerns actuaries[1] in the performance of actuarial tasks within the framework of international financial reporting (IFRS 9 & IFRS 17).

[1] Although actuaries are explicitly mentioned here and below, the German Actuarial Association (DAV) addresses all genders and identities equally. This also applies to all other groups of people mentioned here.