Expert Actuarial Valuations
IFRS 17 Implementation &
Consulting You Can Trust
Accurate, compliant insurance contract modeling and reserving delivered by qualified actuaries in the Middle East & Africa. From PAA models for general insurance solutions to complex VFA portfolios.
200+
Valuations Completed
4
Years of IFRS 17 Data
10+
Countries Covered
100%
IFRS Compliant
About Us
Specialists in IFRS 17 Insurance Contracts Implementation
IFRS 17 is a paradigm shift in how insurance contracts are measured and presented. It requires massive overhauls to actuarial models, accounting systems, and data pipelines.
As part of Lux Actuaries & Consultants, we bring years of specialised experience in IFRS 17 valuations. Our team of qualified actuaries serves organisations across the Middle East and Africa, delivering accurate, timely, and audit-ready valuation reports.
What IFRS 17 Covers
Our Services
Comprehensive IFRS 17 Actuarial Services
From initial gap analysis to final audit sign-off, we handle every aspect of your IFRS 17 implementation with precision and care.
Gap Analysis & Readiness
Comprehensive gap analysis to assess data, systems, and process readiness for IFRS 17 insurance contracts compliance.
Actuarial Modeling & Methodology
Expert determination and implementation of GMM, PAA, and VFA measurement models tailored to your insurance portfolios.
IFRS Compliance Reporting
Full compliance with IFRS 17 disclosure requirements — profit or loss, OCI, sensitivity analyses, and reconciliation schedules.
Multi-Jurisdiction Expertise
Outsourced Middle East consulting and valuations across the UAE, Saudi Arabia, South Africa, and beyond. Local regulations with global standards.
Fast Turnaround
Streamlined processes and experienced teams deliver accurate valuations within tight audit deadlines.
Advisory & Training
Beyond valuation reports — we help your team understand the numbers, assumptions, and their impact on financial statements.
Latest Insights
Stay Informed on IFRS 17
Expert analysis, regulatory updates, and practical guidance on insurance contracts accounting.
IFRS 17 and Profit Commissions: A Guide for Reinsurance Contracts
Navigating IFRS 17 for reinsurance profit commissions? This guide clarifies how the General Measurement Model impacts variable cash flows and the CSM, essential for accurate financial reporting and avoiding accounting mismatches under the new standard.
IFRS 17 Reinsurance: Looking Forward or Backward?
Master IFRS 17 reinsurance by understanding how prospective versus retrospective measurement critically impacts profit recognition and P&L volatility, demystifying key classification decisions for your financial narrative.
The PAA Paradox: When Your IFRS 17 Shortcut Isn't So Short Anymore
Is your IFRS 17 PAA shortcut truly compliant? Insurers must reassess eligibility *every* reporting period, risking a complex shift to the General Measurement Model (GMM) with major financial implications. Understand this critical dynamic for compliance.