Search
Close this search box.
Loading Events

« All Events

Advanced IFRS 17- Insurance Contracts Webinar

February 24, 2026 @ 4:00 pm - 6:00 pm

Ksh 1000

INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS OF KENYA
(Established under the Accountants Act, Laws of Kenya)

Advanced IFRS 17- Insurance Contracts
24th February 2026
Time: 04.00pm-06.00pm
Delivery Mode: Virtual Delivery

Overview

The International Financial Reporting Standard 17 (IFRS 17) represents one of the most significant transformations in insurance accounting in decades. Having replaced IFRS 4, the standard introduces a consistent measurement framework for insurance contracts, enhancing comparability, transparency, and reliability of reported financial information. As many insurers have already progressed past initial implementation, the emerging challenges now relate to advanced interpretation, model optimization, operational integration, and strategic application of IFRS 17 outputs. Organizations are increasingly seeking advanced capabilities such as economic steering, assumption management, integration of actuarial and finance systems, analytics-driven insights, and efficient close processes. The webinar will offer IFRS 17 developments/changes, practical application issues and upcoming changes and provide in-depth analysis. The following topics will be covered:

1. Introduction to IFRS 17
Purpose and scope of the standard
Key differences between IFRS 4 and IFRS 17
Insurance contract definition and boundaries
2. Measurement Models
a. General Measurement Model (GMM) / Building Block Approach (BBA)
b. Premium Allocation Approach (PAA)
c. Variable Fee Approach (VFA)
3. Contractual Service Margin (CSM)
4. Presentation and Disclosure Requirements
5. Transition to IFRS 17
6. Interaction With IFRS 9 (Financial Instruments)
7. Data, Systems, and Operational Challenges

 TARGET AUDIENCE

This webinar will be useful to professionals in the finance and accounting sector with bias on preparers of financial statements specifically:

  • Chief Finance Officers
  • Financial Analysts
  • Accountants
  • Auditors
  • Financial Controllers
  • Credit Managers

CPD UNITS

Members of ICPAK and reciprocating professional bodies will be awarded 2 Structured CPD Units upon successfully completion of the Webinar.

YOUR FINANCIAL COMMITMENT

Charges for the training will be Kes 1,000/= which will cover workshop fees, materials, and e-certificates of attendance.

ONLINE BOOKING:
We call on Seminar participants to note that booking for is available only online at www.icpak.com/events and will close two hours before the training session.  Delegates are reminded to note that online booking for training sessions is mandatory.   This is available either online at www.icpak.com/events  or on the ICPAK Live – A smart phone-based application that is available from google store.

 NITA REIMBURSEMENT:
The Institute is registered as a trainer with National Industrial Training Authority. The Institute’s registration number is DIT/TRN/47. Participants who are registered levy contributors should apply to NITA for reimbursement of their fees. Please note that this is applicable for Kenyan citizens only and subject to NITA regulations. Remember that to qualify you should apply to NITA for approval prior to the date of the conference. Further details can be obtained from their website (www.nita.go.ke)

Further requests can be channeled to us via telephone calls on +254 719 074 000, (+254) 733 856262 or via email to marketing@icpak.com.

We encourage members to regularly visit our website https://www.icpak.com for updates.

Details

Date:
February 24, 2026
Time:
4:00 pm - 6:00 pm
Cost:
Ksh 1000
Event Category:

Other

CPD Hours
2
Associates Member Cost
1000
Full Member Cost
1000
Non Member Cost
1000