by Tolani Makanjuola | Apr 25, 2023 | Business Analytics, General, Regulations
The multi-year implementation of the IFRS 17 accounting standard (“the standard”) has required significant enterprise-wide technology changes that have predictably proved challenging and complex for the insurance industry. Since 2017, industry players have...
by Carmen Loh | Mar 15, 2022 | Regulations
Existing accounting practices in the insurance industry are inconsistent and unclear. This has led to the issuance of IFRS 17 Insurance Contracts – the first international Standard for insurance contracts. Because this Standard is based solely on principle and does...
by Carmen Loh | Apr 20, 2021 | Regulations
International Financial Reporting Standards (IFRS) 17 Insurance Contracts, issued in 2017, represents a major overhaul on financial reporting for insurance companies. However, many in the financial industry are still unfamiliar with the Standards. This blog post, Part...
by Hannah Wiser | Feb 23, 2021 | Artificial Intelligence
Through the lens of Financial Risk, this blog series will focus on Financial Institutions as a premier business use case for Artificial Intelligence and Machine Learning. This blog series has covered how a financial institution (FI) can use machine learning (ML) and...
by Hannah Wiser | Oct 20, 2020 | Artificial Intelligence
Through the lens of Financial Risk, this blog series will focus on Financial Institutions as a premier business use case for Artificial Intelligence and Machine Learning. For any application of machine learning (ML) being considered for industry practice, the most...
