Overview
A course for non-accountants and non-insurance accountants alike, from introductory to intermediate level, aiming to explain the key features in insurance run-off accounts.
Target Audience
This session is suitable for those who work in accounts, finance, M&A, commutations, reserving, or produce Solvency II or other financial transactions. For anyone who has a passing interest, but several years in the legacy market, this would be an appropriate information source.
Learning Outcomes
At the completion of this session delegates will be able to:
• Read a balance sheet and P&L account and be aware of the relevance of entries
• Utilise knowledge gained to work through the terminology used in the accounts
• Draw from the information how a run-off company is performing and how this information can aid valuation estimates.