IFRS 17 對國內壽險公司影響分析—以SOLVENCY II為例

Abstract

本論文目的為探討2025年台灣接軌IFRS 17後可能對台灣壽險公司造成的影響，以及在接軌前壽險公司可以做的相關準備。由於歐盟國家於2016年監理制度已使用SOLVENCY II，而SOLVENCY II在保險負債建構部分概念與IFRS 17有類似之處，因此想觀察歐盟國家接軌後至今的市場狀況，分析未來台灣接軌IFRS 17後可能的趨勢。 本論文先討論IFRS 17的主要議題，包括彙總層級、利潤認列方式、利率建構等，以及分析這些議題對壽險公司的可能影響，接著藉由一假設的定期壽險例子來呈現IFRS 17與現行會計方式IFRS 4之差異，以及探究會造成差異的原因，同時本論文也比較歐盟國家的保險市場與台灣的保險市場，包括會計制度、監理制度、壽險商品結構及獲利狀況，來分析未來台灣可能的趨勢，例如接軌時間不同所造成的影響、監理會計與財務會計是否一致、投資與增資狀況、商品結構之調整及利率建構的可能方式。 由於最後IFRS 17所造成的影響層面廣，且涉及技術面的相關分析至今台灣也尚未下定論，因此除了給予相關建議外，也給予之後的研究者可以研究的方向。

IFRS 17 is ready to be applied on 1st January 2025, so the purpose of this paper is to explore the possible impacts of life insurers in Taiwan after the mandatory effective date, and the preparation for its coming. Since 2016, EU countries has governed their insurers with SOLVENCY II as their solvency rules. The concepts of insurance liability construction under SOLVENCY II and IFRS 17 are similar; hence, I observed the insurance market condition of EU countries and then predicted the possible trends of insurers in Taiwan. In the beginning, I analyzed how the main issues of IFRS 17 affect the life insurers, including the level of aggregation, the profit recognition, and the discount curve construction. Next, through a hypothetical term life insurance product, I compared the differences between financial statements under IFRS 17 and the current financial statements, and looked into the reasons about these differences. Simultaneously, I presented the life insurance markets of Taiwan and EU countries, and then discussed the possible future trends. Due to the wide impact of IFRS 17, and the relevant analysis involving technical aspects hasn’t been decided in Taiwan, I make some suggestions, and also give the study directions to future researchers.