Actuarial precision for modern insurance accounting
The International Financial Reporting Standard 17 (IFRS 17) represents one of the most significant changes in insurance accounting in decades. It introduces a new measurement framework for insurance contracts, bringing transparency and consistency to financial reporting across markets.
Arocha & Associates GmbH helps insurers and reinsurers translate the technical requirements of IFRS 17 into practical actuarial and reporting solutions. Our approach combines actuarial precision, system readiness, and clear communication between actuarial, finance, and IT functions.
Our Support Includes
CSM Modelling & Methodology
We assist clients in modeling insurance liabilities and selecting appropriate measurement approaches. Our goal is to make model results traceable, auditable, and aligned with both actuarial logic and financial reporting requirements.
Actuarial Data Readiness
IFRS 17 depends on high-quality data. We review actuarial data structures, identify data gaps, and help integrate actuarial and accounting data flows. This ensures reliable inputs for valuation, disclosures, and control processes.
Financial Reporting Alignment
We support the production of IFRS 17 financial statements, including the balance sheet, profit-and-loss presentation, and disclosure notes. Our team helps translate technical outputs into clear and consistent financial narratives.
Implementation Project Guidance
IFRS 17 is as much about project execution as it is about technical design. A&A works with project teams to ensure clear documentation, governance, and change management throughout the implementation lifecycle.
Why Choose A&A
- A&A combines deep actuarial expertise with hands-on implementation experience across Europe, Latin America, Asia, and Africa.
- We provide independent, practical guidance — not tied to any vendor platform.
- Our advice is focused on clarity, traceability, and control, ensuring your IFRS 17 framework supports sustainable financial reporting.
Typical Engagement Outcomes
- A fully traceable actuarial-to-accounting reconciliation
- Efficient, well-documented CSM and liability models
- Clear disclosures aligned with auditor expectations and group reporting
- A solid foundation for ongoing compliance and future enhancements
Ready to Talk?
Whether you are completing your first year of IFRS 17 reporting or preparing for a model enhancement phase, our team can help you optimize your processes, ensure compliance, and build confidence in your results.