General and Life Insurance Training
Gain in-depth knowledge of insurance products, policy management, and risk assessment for life and general insurance.
General and Life Insurance Training
Our General and Life Insurance Training programs are designed to equip insurance professionals, accountants, and finance teams with the knowledge and skills required to navigate the complex world of insurance accounting and compliance. The training focuses on both theoretical foundations and practical application, enabling participants to handle real-world insurance accounting challenges confidently.
Accounting for General Insurance (Basic and Advanced Modules)
This module covers the fundamental and advanced principles of accounting for general insurance companies. Participants will learn how to record, classify, and report insurance transactions, premiums, claims, reserves, and policy liabilities in accordance with Indonesian Financial Accounting Standards (PSAK) and industry best practices. Advanced topics include complex claim scenarios, risk assessment, and financial statement analysis.
Accounting for Reinsurance
Focused on reinsurance transactions, this module explains the principles and practices of accounting for ceded and assumed reinsurance. Participants will gain a clear understanding of treaty and facultative arrangements, reinsurance recoverables, premiums, claims, and reporting requirements to ensure accurate financial statements and compliance with regulatory standards.
Implementation of IFRS 17 (PSAK 117) and IFRS 9 (PSAK 109)
This module provides practical guidance on implementing the latest insurance and financial instruments standards in Indonesia. Participants will learn how to apply IFRS 17 (PSAK 117) for insurance contracts, including measurement, recognition, and disclosure requirements. The training also covers IFRS 9 (PSAK 109) for financial instruments, focusing on classification, measurement, impairment, and hedge accounting. Real-life examples and case studies ensure participants understand how to comply with international and local standards effectively.