On December 3rd, 2019 we sat down with two insurance experts discussing the realities of implementing the PAA approach to IFRS 17. The experts – Brian Heale, Senior IFRS 17 Consultant, & Mats Sollie, Deloitte, discussed what PAA means to general insurers and uncovered some of the hidden complexities in applying the approach.
Mats shared his perspective on the market and spoke about where and why certain clients chose PAA. Brian & Mats also offered recommendations for any General Insurers taking the PAA approach.