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IFRS 17 Implementation Book — Pre and Post Implementation Improvements and Application Strategies
By Michael Winkler & Sunil Kansal, exploring the complexities of navigating IFRS 17 | ISBN 9783963295249 | Format: Paperback | Pages: 230
Navigating IFRS 17 is a practical and accessible book designed for professionals in the insurance industry, finance experts, and actuaries. It is also ideal for others with a strong interest in the insurance industry, including regulators, market specialists, rating agencies, investors, accounting bodies, and academics.
Written by leading experts Michael Winkler and Sunil Kansal, Navigating IFRS 17 breaks down the new standard into clear, actionable steps. It helps readers understand the key principles and successfully apply them in real-world contexts.
The IFRS 17 standard, adopted in over 144 jurisdictions, significantly changes how insurance contracts are reported. This book offers an essential roadmap for implementation, bridging theory with practice.
Navigating IFRS 17: A Practical Guide to Accounting and Actuarial Implementation covers the core principles and real-world challenges of IFRS 17 implementation. Readers will explore foundational components such as the Contractual Service Margin (CSM), Risk Adjustment, and Fulfilment Cash Flows, and gain strategic insights into cross-functional alignment between finance and actuarial teams. With practical examples, visual frameworks, and expert guidance, this book empowers professionals to move beyond compliance to confident execution.
What Makes This the Best IFRS 17 Book
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Clear Explanations
Covers key IFRS 17 concepts — contractual service margin (CSM), risk adjustment, and discounting — using straightforward language and real examples that accountants and actuaries can both follow. |
Hands-On Guidance
Step-by-step implementation tips help you tackle everyday challenges with confidence — covering the General Measurement Model (GMM), Variable Fee Approach (VFA), and Premium Allocation Approach (PAA) with worked examples. |
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Integrated Viewpoint
Combines both accounting and actuarial perspectives in a single volume — ensuring cross-functional understanding for the finance and actuarial teams that must work together on IFRS 17 implementation. |
Visual Learning Tools
Flowcharts, tables, and diagrams make complex IFRS 17 topics easier to grasp and apply in practice — from portfolio grouping decisions to CSM unwinding mechanics and Solvency II transition frameworks. |
An Integrated Approach — Unique in the IFRS 17 Literature
IFRS 17 is revolutionising insurance reporting across more than 144 jurisdictions worldwide. This mandatory standard is transforming how insurers operate, impacting all major international insurance groups. As IFRS 17 becomes the new norm, a comprehensive understanding of its principles and implementation strategies is crucial for professionals in the field.
Unlike many resources that focus only on either accounting or actuarial methods, Navigating IFRS 17 takes an integrated approach. It delivers a well-rounded understanding — helping teams collaborate effectively and meet regulatory demands without confusion.
Navigating IFRS 17: A Practical Guide to Accounting & Actuarial Implementation occupies a unique position as the definitive guidance resource for both accountants and actuaries. Despite IFRS 17 being mandatory, a significant number of insurance organisations are still far from full implementation. Many have just crossed the initial threshold and require substantial improvements, while even large companies that believe they have fully implemented IFRS 17 must address numerous critical and controversial areas.
“It strikes an impressive balance between in-depth technical detail and practical, actionable insight — making it accessible yet rigorous. A rare feat in financial and actuarial literature. It effectively bridges the gap between accounting and actuarial practice, which is essential for real-world IFRS 17 implementation.”
Coverage Across All 230 Pages
Comprehensive, practitioner-level coverage of every major IFRS 17 implementation area — with worked numerical examples throughout.
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Essential Reading for Insurance Finance Professionals
Navigating IFRS 17 is designed for practitioners who make real implementation decisions — not for students seeking a basic overview. It is most valuable to those implementing, auditing, advising or reviewing IFRS 17 compliance.
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Insurance Accountants
CFOs, controllers and financial reporting leads at insurers implementing or improving their IFRS 17 accounting framework. |
Actuaries
Actuarial professionals responsible for cash flow projections, risk adjustment, CSM modelling and supporting GMM, VFA or PAA measurement. |
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Auditors & Reviewers
External auditors and technical accounting specialists reviewing IFRS 17 compliance, disclosure adequacy and measurement choices. |
IFRS Consultants
Advisory professionals guiding insurance clients through IFRS 17 implementation and post-implementation remediation. |
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Regulators & Supervisors
Regulatory professionals assessing insurers’ IFRS 17 reporting practices, disclosure standards and measurement judgements. |
Academics & Investors
Rating agencies, investors and academics requiring a rigorous reference on IFRS 17 implementation realities. |
Written by Practitioners with Real Implementation Experience
Sunil Kansal is an internationally recognised expert in financial instruments, insurance accounting, valuation, risk management, and the application of IFRS and US GAAP. With over 28 years of global experience in senior leadership and advisory roles, he leads the Consulting and Valuation division at Shasat Consulting. He is widely recognised for his leadership in IFRS 9 and IFRS 17 implementations and for translating complex technical standards into clear, practical, and implementation-ready guidance for professionals and decision-makers.
Sunil is the Head of Consulting at Shasat Consulting and a thought leader in bridging accounting principles with real-world transactions for meaningful business outcomes.
Michael Winkler is an accomplished actuary and risk expert with over two decades of experience in the insurance and financial services industries. He has led major IFRS 17 implementation projects across Europe and has advised multinational insurers on actuarial modelling, financial reporting, and regulatory compliance.
Michael is a frequent speaker at global conferences and has published extensively on actuarial transformation and insurance accounting.
Available Wherever You Choose to Read
| Format | Price | Where & Notes |
| Paperback | £68.00 | From Shasat (this page). Price includes postage. Bulk orders (10+) at a discount — contact us. |
| Kindle eBook | Amazon | Amazon UK · ASIN: B0F9BYD917. Also on Amazon EU & US. |
| Springer eBook | Springer | SpringerLink · PDF · Institutional licences. eISBN: 978-3-86298-880-8. |
| Google Books | Preview | Google Books — free chapter preview, read before you buy. |
Postage note: We have adjusted the paperback price of £68.00 to incorporate standard postage costs, determined based on an average cost estimation. Please contact us to discuss bulk orders of ten (10) or more copies and any corresponding discounts that may apply.
Deepen Your IFRS 17 Expertise with Shasat
Shasat delivers CPD-accredited IFRS 17 training and IFRS 17 consulting services that complement this book — delivered in-person, virtually and via online e-learning across 70+ cities globally.
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IFRS 17 Implementation Consulting
Expert advisory for insurance organisations at every stage of IFRS 17 adoption
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IFRS 17 Training Calendar
Upcoming CPD-accredited IFRS 17 courses in cities worldwide
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In-House IFRS 17 Training
Custom IFRS 17 training programmes designed for your team
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Global IFRS Desk
On-demand IFRS technical advisory across jurisdictions
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About Navigating IFRS 17
Sunil K. Kansal is Head of Consulting at Shasat — an internationally recognised IFRS and actuarial specialist with 28+ years across Big Four firms and major investment banks including Bank of America, ING and Nomura. Michael Winkler is an accomplished actuary with 20+ years of IFRS 17 implementation experience across Europe. Together they bridge both the accounting and actuarial disciplines that IFRS 17 demands.
All three IFRS 17 measurement models with numerical worked examples: the General Measurement Model (GMM) for most insurance contracts; the Variable Fee Approach (VFA) for direct participating contracts; and the Premium Allocation Approach (PAA) for short-duration contracts. Each includes examples of contractual service margin (CSM) unwinding, risk adjustment and discount rate selection.
Most IFRS 17 publications focus either on accounting or actuarial audiences, and are often jurisdiction-specific. Navigating IFRS 17 bridges both disciplines simultaneously with an international perspective covering 144+ jurisdictions. It uniquely addresses post-implementation challenges — not just first-time adoption — and provides numerical examples for all three measurement models.
Yes. The book is suitable for finance, accounting and actuarial professionals with general financial reporting experience who are new to IFRS 17, as well as for experienced practitioners seeking deeper implementation guidance. It is also recommended for regulators, rating agencies, investors and academics seeking an authoritative reference.
Yes. A substantial portion addresses organisations that have crossed initial IFRS 17 adoption thresholds but face ongoing critical issues — CSM calculation gaps, risk adjustment methodology, disclosure completeness failures, and integration of IFRS 17 alongside existing Solvency II actuarial frameworks.
Paperback (£68 incl. postage) — order from Shasat using the Add to Cart button above. Kindle — Amazon UK (ASIN B0F9BYD917). Springer eBook — SpringerLink. Preview — Google Books. Bulk orders (10+) — contact Shasat for volume pricing.
The Most Complete IFRS 17 Implementation Reference Available
230 pages of practical, integrated accounting and actuarial guidance — covering GMM, VFA, PAA, CSM, risk adjustment, discount rates, Solvency II transition and post-implementation challenges across 144 jurisdictions.
| Kindle on Amazon → | Springer eBook → |
| Google Books → | Bulk Orders → |
Paperback £68 (postage included) — use the Add to Cart button at the top of this page to order the print edition from Shasat.
