IFRS 17 Discounting: Strategic Choices with Significant Consequences

Overview

The implementation of IFRS 17 introduced complex discounting requirements that can materially impact financial results. Michael and Sunil unpack the strategic decisions insurers must make regarding discount rates and risk adjustments. This article provides insights of the issues around determining the time value of money.
Author1 Michael Winkler, Actuary (SAA/DAV) at RefinSol and Shasat Consulting and previously in leading actuarial positions at Swiss Re, Munich Re/New Re, and Winterthur Group. 2 Sunil Kansal, Head of Consulting at Shasat, is a Chartered Accountant and a Fellow of the Institute of Chartered Accountants in England and Wales.
DivisionFinancial Reporting
Keywords
Though leadership
IFRS 17
Insurance Contracts
SAICA Technical
Categories
Financial Services
Date01 September 2025
URL