Swiss Life Holding AG to Discuss IFRS 17 / 9 Call Transcript
Thank you. Ladies and gentlemen, welcome to the IFRS 17 / 9 Conference Call and Live Webcast. I am Sandra, the Chorus Call operator. (Operator Instructions) And the conference is being recorded. (Operator Instructions) The conference must not be recorded for publication or broadcast. At this time, it's my pleasure to hand over to Matthias Aellig, Group CFO of Swiss Life. Please go ahead.
Good morning, ladies and gentlemen, and welcome to our second call of today. This covers key aspects of the transition to IFRS 17 and 9 from a Swiss Life point of view. Before I start, I would like to mention that our IFRS 17 and 9 assessment and comments or provisional. New accounting standards will be implemented effective January 1, 2023. The prior year will be restated for IFRS 17 with the opening balance starting January 1, 2022.
Let me start with the key messages. First, the underlying business and the way we manage it is unaffected by the transition to IFRS 17 and 9.
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