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IFRS 17 vs US GAAP for Insurance Accounting – PowerPoint PPTX Template
PowerPoint (PPTX) 18 Slides
BENEFITS OF THIS DOWNLOADABLE POWERPOINT DOCUMENT
- CSM vs DPL / net premium ratio mechanics
- Discount rates, assumption unlocking, OCI treatment
- Market-risk benefits vs VFA
INSURANCE PPT TEMPLATE DESCRIPTION
Insurers reporting under both IFRS and US GAAP face two landmark changes at once: IFRS 17 Insurance Contracts and the US GAAP Long-Duration Targeted Improvements (LDTI). The two frameworks measure the same business in fundamentally different ways, making dual reporting one of the hardest challenges a multinational insurer can take on. This 18-slide deck, built by a practicing actuary, delivers a clear, structured, side-by-side analysis of where the frameworks converge, where they diverge, and what that means in practice.
The deck compares measurement philosophy and the liability models, showing how the IFRS 17 contractual service margin (CSM) compares with the LDTI deferred profit liability (DPL) and net premium ratio mechanics. It contrasts how discount rates are set and updated, how assumptions are unlocked and remeasured, and where gains and losses land in profit or loss versus other comprehensive income. It also compares the treatment of market risk benefits under LDTI with the IFRS 17 variable fee approach, along with transition mechanics, presentation, and disclosure.
Beyond the technical detail, the deck addresses the operational reality of dual reporting: the data, modelling, and systems implications of producing two sets of numbers from one book of business, the key reconciliation points, and the governance needed to keep both frameworks defensible. A clear summary distils the decisions and watch-points that matter most for dual reporters.
Designed for actuaries and reporting teams at multinational insurers, audit and advisory professionals, finance leadership, and students, this is a fully editable 16:9 PowerPoint in a clean consulting style.
18-slide side-by-side analysis of IFRS 17 vs US GAAP LDTI: CSM vs DPL, discount rates, assumption unlocking, OCI treatment and dual-reporting implications.
This is quite useful in comparing the international accounting standard against the US specific standard. While there are similarities, the differences make these standards different as well. It is a challenge for companies to report on both without knowing the key differences.
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Source: Best Practices in Insurance PowerPoint Slides: IFRS 17 vs US GAAP for Insurance Accounting PowerPoint (PPTX) Presentation Slide Deck, Data Analytics Actuary
ABOUT THE AUTHOR
Fellow Actuary who has worked in many consultancy or quasi-consultancy organizations. He has provided consultancy to companies in the complex areas of IFRS 17, risk management, capital optimization, reinsurance, product pricing etc.
I write quite extensively in the areas of insurance, risk management and AI. I have over 20 years of experience developing top notch consultancy documents,
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