In our latest white paper, "The twelve lessons learned from the implementation of IFRS 17 in the Spanish and Portuguese markets," Milliman experts explore the significant impact of IFRS 17 on insurance companies' financial statements. This document highlights key methodological choices and their implications, based on our extensive experience with clients in Spain and Portugal.

We cover essential topics such as implications of transition approaches, profit-sharing impact under different IFRS17 methods, and the so-called “bow wave effect”. The insights provided aim to help insurance companies navigate the complexities of IFRS 17, ensuring accurate financial reporting and strategic management of future earnings.