IFRS 17 Insurance Contract Examples

By Society of Actuaries · 2026

An Excel model listed in the Society of Actuaries' CP 321 and GH 201C syllabi, added to the CP 321 syllabus for the Nov 2026 sitting to give a numerical illustration of how IFRS 17 accounting functions in practice. According to the CP 321 course strategy guide, it demonstrates how the basics of IFRS 17 are applied to a simple renewable Term 10 product using the General Measurement Model (GMM) approach, and candidates should be prepared to replicate its mechanics in an assessment setting.

On the syllabus

Exam CP-321 — Outcomes 4b, 4d; listed without a chapter or section restriction.

Exam GH-201C — Outcomes 2e, 2f; listed without a chapter or section restriction.

Contents unavailable The model is distributed by the SOA with the course materials and no copy could be found online, so its worksheets and contents could not be read. This page records its citation and assignment from the syllabi and the CP 321 course strategy guide.

Sources

CP 321 Course Strategy Guide, Nov 2026/Jul 2027 (SOA) — the description of the document as an Excel model of a renewable Term 10 product under the GMM, the expectation that candidates can replicate it, and its listing among the new readings of the 2026 CP 321 syllabus, which gives the year used here
CP 321 Syllabus, Nov 2026/Jul 2027 (SOA) — the citation ("IFRS 17 Insurance Contract Examples") and the learning outcomes 4b and 4d; the syllabus names no author, so the SOA is given as author and publisher
GH 201C Syllabus, 2026-2027 (SOA) — the same citation and the learning outcomes 2e and 2f