Marathon effort

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<title>Marathon effort</title>
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<abstract displayLabel="Summary">The article, written from an actuary's perspective, describes the demanding transition to the IFRS 17 accounting standard within an insurance company. It highlights how the project required not only technical changes but also a deep cultural and organizational transformation. The text outlines key stages such as impact assessment, process redesign, system integration, and cross-functional collaboration between actuarial and finance teams. It also notes challenges like parallel runs and ongoing adjustments, as well as benefits including greater transparency, clearer performance drivers, and improved communication with investors. Ultimately, it concludes that IFRS 17 is an evolving framework that promotes continuous learning and long-term value creation</abstract>
<note type="statement of responsibility">Mahipal Choudhary</note>
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<topic>Requerimientos financieros</topic>
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<title>The Actuary : the magazine of the Institute & Faculty of Actuaries</title>
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<publisher>London :  Redactive Publishing, 2019-</publisher>
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<text>02/02/2026 Number 7 - February 2026 , p. 50 - 52</text>
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