IFRS 17 Session, VidaCaixa
June 9, 2023

IFRS 17 Session, VidaCaixa

The speakers from VidaCaixa were Eduardo Serrano, Alberto HernƔndez, and Carlos Sanz.

They began the talk with a brief presentation of the company and the divisions of the company in which the professional profile of the actuary is more integrated and sought after:

  • Business: area of technical and actuarial consultancy, companies, etc.
  • Economic-financial: reserving, risk management, ALM, etc.
  • Actuarial function and risk control.
  • Others: internal audit, insurance banking, etc.

The subject of the IFRS17 Standard was then addressed:

  1. Introduction and Scope of the Standard
  2. Aggregation level
  3. Methodological aspects:
    • Contract limits
    • Valuation methods
    • Discount rates.
    • Risk Adjustment and CSM
    • Transition
  4. Financial Position Presentation
  5. Examples

Finally, a question-and-answer session was opened to clarify doubts and expand information to the students, they were informed also about professional opportunities in the company.

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IFRS 17 Session, VidaCaixa

IFRS 17 Session, VidaCaixa

VidaCaixa is the insurance subsidiary of CaixaBank. Its activity is focused on the design, management, and marketing of life insurance and pension plans for individual and corporate clients.

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