IFRS-17 workshop with Syrian Insurance Supervisory Commission

As part of its strategic commitment to regulatory development and international standards, EastMed conducted a two-day workshop titled: “Enhancing Oversight and Governance in the Insurance Sector under IFRS-17” The workshop took place on September 16–17, 2025, and was attended by staff members from the Syrian Insurance Supervisory Commission. This training represents a key milestone in […]

Towards an easier application of IFRS-17 Workshop

In the presence of the Secretary General of the Egyptian Insurance Federation, Dr. Tarek Seif, EastMed, in cooperation with its strategic partner Accountuary Consulting Actuarial Company, held a workshop entitled “Towards an easier application of IFRS-17” at the Khairi Selim Hall at the Union’s headquarters on 25/7/2023. The workshop witnessed a heavy attendance by those […]

The 5th Sharm El-Sheikh Forum

As part of its regional engagement and commitment to industry development, EastMed participated in the 5th Sharm El-Sheikh Rendezvous for Insurance and Reinsurance, organized by the Egyptian Insurance Federation. EastMed was represented by Mr. Kamil Taameh, Public Relations and Marketing Advisor, alongside a wide array of executives, professionals, and stakeholders from the insurance sector at […]

Understanding IFRS 17 : A Game Changer in Insurance Accounting

The International Financial Reporting Standard 17, or IFRS 17, has revolutionized the way insurance contracts are reported and measured. This new standard, issued by the International Accounting Standards Board (IASB), aims to provide more transparency and comparability. Let’s delve into what IFRS 17 entails and how it impacts the insurance industry.

The 9th Aqaba International Insurance Conference 2023

As part of its regional outreach and commitment to industry dialogue, EastMed took part in the 9th Aqaba International Insurance Conference 2023, organized by the Jordan Insurance Federation. The event provided a valuable opportunity for networking and knowledge exchange among key stakeholders in the Arab insurance sector. Attached are photos featuring EastMed alongside representatives from […]

IFRS-17 Implementation Planning Meeting at Syrian Insurance Federation

On May 9, 2023, a coordination meeting was held at the headquarters of the Syrian Insurance Federation, with the participation of: The meeting was part of the ongoing national roadmap to implement IFRS-17 standard (Insurance Contracts), which is scheduled to come into effect on January 1, 2024. Discussions focused on identifying practical solutions to overcome […]

Strategic Meeting on National Solutions for IFRS 17 Implementation

On Wednesday, May 3, 2023, EastMed participated in a strategic meeting held at the headquarters of the Syrian Insurance Federation, focused on proposing national solutions to facilitate the effective and timely implementation of IFRS-17. The meeting brought together key stakeholders from the insurance sector to explore practical approaches for accelerating adoption, in light of the […]

Risk Management, Compliance, Anti-Money Laundering, Cybersecurity and the Latest Findings of the Implementation of IFRS17

As part of its regional engagement and commitment to regulatory excellence, EastMed participated in the Arab symposium titled: “Risk Management, Compliance, Anti-Money Laundering, Cybersecurity, International Financial Standards, and the Latest Developments in IFRS 17 Implementation” The event was held in Amman, Jordan, on November 28th , 2022 and was organized by the Jordan Insurance Federation […]

Facilitating the transition of the Syrian insurance sector towards the application of IFRS-17

In the presence of representatives from the Syrian Insurance Supervisory Commission, professional syndicates, and leading audit firms, EastMed held a workshop entitled “Facilitating the Syrian Insurance Sector’s Transition to IFRS-17” on Wednesday, March 23, 2022, at Amseya Hall, Blue Tower Hotel. EastMed invited all Syrian insurance companies to participate in the workshop, which witnessed strong […]

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الامتثال لمحرك حسابات المعيار الدولي لإعداد التقارير المالية 17

محرك حسابات المعيار الدولي لإعداد التقارير المالية 17: يعمل بالتوازي مع نظام التأمين الأساسي القديم الخاص بك:

تحليل الفجوات وتقييم الأثر المالي

تحديد المعوقات التي تعترض تطبيق المعيار الدولي لإعداد التقارير المالية 17 وكيفية التغلب على تلك المعوقات للوصول إلى التحول السلس:

نقل المعرفة

تقديم المعرفة حول المعيار الدولي لإعداد التقارير المالية رقم 17.

• تقديم المصطلحات والعمليات والتقارير الخاصة بالمعيار الدولي لإعداد التقارير المالية رقم 17.
• من جلسات التوعية إلى التعمق في العمليات الحسابية وفق اسلوب القياس العام وأسلوب تخصيص أقساط التأمين واسلوب العمولات المتغيرة.
• تأثير المعيار الدولي لإعداد التقارير المالية رقم 17 على البيانات المالية لشركات التأمين.
• كيفية التحول بسلاسة
• الفئة المستهدفة: العاملين في الإدارة، تكنولوجيا                     المعلومات، المالية، إعادة التأمين، الاكتتاب،     المطالبات،المخاطر، مدققو الحسابات، …
• المواد الداعمة
 اختياري: عينات من بيانات العميل

Transfer of Knowledge

Presenting the know-hows of IFRS-17 with hands-on training for related parties.

IFRS-17 Compliancy Engine

An IFRS-17 Calculations Engine:, living parallel to your legacy Core Insurance System:

  •  Certified by Fellow Actuarial expertise.
  •       Supports PAA, GMM*, and VFA*.
  •       Simplistic workflow.
  •       IT Playground:

          o   Data import via Excel and API*.

          o   Import Rollback.

          o   Batch Processing.

          o   Data Validation.

  •       Actuarial Playground:

          o   Modeling Engine for Gap, Annual, Periodic reassessments.

          o   Simulations: Multiple models with multiple outputs for same data.

          o   Highly configurable Policy-Election methods.

          o   Risk Adjustment Calculations.

          o   PTD, YTD Support (B137).

          o   LRC, LIC, CSM* calculations.

          o   Reports.

  •       Financial Playground:

          o   IFRS 17 Disclosures.

          o   Income statements.

          o   Balance Sheets.

          o   Multi-Format export.

  •       Full auditing (logs, historical data).
  •       Robust security.
  •       On-premises/On-cloud hosting.

* Under development

Gap Analysis & Financial Impact Assessment

Identifying the obstacles in the road of IFRS-17 implementation, and how to overcome these obstacles, to reach smooth transition.