Milliman consultants have prepared a summary of the key points arising from the TRG meeting of 4 April 2019.

As the industry has moved towards implementing IFRS 17, a number of issues have been raised, and at the February 2019 meeting, the IASB discussed four of these issues and tentatively approved a number of amendments to the standard.

Solvency II presents an opportunity for insurers with significant blocks of unit-linked business to dramatically improve their ability to use large amounts of previously constrained capital and to reduce market risk.

The Transition Resource Group (TRG) for IFRS 17 will meet four times during 2018 to discuss questions raised regarding the implementation of the IFRS 17 Standard. Milliman consultants have prepared a summary of the key points arising from the TRG meeting of 2 May 2018, which is available here.