IFRS 17

The addactis® IFRS 17 solution is a flexible, actuarial‑driven platform designed to help insurers manage the full complexity of IFRS 17 reporting. It streamlines cash‑flow generation, CSM calculations, accounting workflows, and disclosures while ensuring full traceability and seamless integration across actuarial, finance, and IT functions. The solution adapts to any business line and organizational setup, supporting fast, efficient, and compliant IFRS 17 production.

Features

• Integrated actuarial and financial engine covering all IFRS 17 requirements
• Flexible configuration suitable for life, non‑life, and health insurance
• Predefined data models and standardized measurement models
• Embedded cash‑flow models and risk‑adjustment methodologies
• Preconfigured accounting engine with posting schemes and reporting templates
• Automated reporting process with workflow management
• Full audit trail and continuous regulatory updates

Capabilities

• Handles all IFRS 17 measurement models for insurance and reinsurance portfolios
• Generates and manages expected cash flows and risk‑adjustment inputs
• Produces IFRS 17 financial statements, disclosures, KPIs, and management reports
• Integrates with operational systems, data warehouses, and general ledgers
• Supports PAA eligibility tests, onerosity assessments, and discount factor calculations
• Enables customization of calculations, reporting templates, and workflows
• Facilitates collaboration across actuarial, finance, and IT teams through a unified platform

Benefits

• Reduces complexity of IFRS 17 compliance through an end‑to‑end solution
• Accelerates closing cycles and improves reporting accuracy
• Minimizes manual work through automation and standardized processes
• Enhances transparency and governance with full traceability
• Supports long‑term finance transformation with scalable, customizable architecture
• Strengthens decision-making through consistent, reliable, and auditable outputs