Regulatory Alerts2022-07-28 | 29747Quantitative Impact Study (QIS) – IFRS 17 and IFRS 9
The Insurance Sector regulator has issued a Quantitative Impact Study (QIS) to assess the financial and operational impacts of implementing IFRS 17 and IFRS 9 accounting standards. Insurers must submit detailed quantitative data and qualitative responses that validate their valuation models, provisioning methodologies, and risk management frameworks. The collected results will directly inform regulatory calibration decisions, finalize implementation guidance, and standardize accounting treatment across the sector.
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