PUNE
P363
– PROGRAMME ON INSURANCE ACCOUNTS EXECUTIVES (NON-LIFE)
Overview:
Regulators and other
stakeholders the world over is concerned that the Insurers have the financial
strength to fulfil the promises they make. Solvency Regulations and Capital
Requirements demand a sound system of assessing an insurance company’s assets,
liabilities, reserves, capital adequacy and a host of such other factors.
Accounting
is a vital function for any general insurer. It is also an evolving area. As
such, the Accounts Executives need to keep themselves abreast on the latest
developments and issues in this area.
Objectives:
The participants
would get a more holistic view of capital and liability management in the
insurance industry and better understand how individual decisions on business
growth, pricing and claim reserving, in the aggregate, could have an impact on
Solvency.
Contents:
§
Regulatory
Framework: Preparation of Financial Statements & Solvency
§
Overview
of Accounting Framework and role of accountants
§
Understanding
financial statements
§
Taxation
(TDS, GST) and Coinsurance aspects
§
General
insurer solvency & Solvency Drivers
§
Control
functions
§
Effective
use of information technology
Participants’
Profile:
Middle
Level Executives working in Accounts Departments of general insurance
companies.
Duration:
3 days
Dates:
I.
13.05.2024
- 15.05.2024
II.
09.12.2024
- 11.12.2024