Webinar Series: CECL and IFRS 9 for Insurers – Preparing for the Road Ahead

Episode 2: Economic forecasting under the standards

Both CECL and IFRS 9 require the use of forecasting within your allowance calculations. Accountants and economists will examine the methodologies of using forecasts and economic scenarios. In addition, find out how COVID-19 has affected the economic outlook and how to incorporate this into your allowance. As COVID-19 has spread across the globe, these relatively new accounting standards include many decision points that relate to the effect of the pandemic. Join us for a discussion about critical management decisions during this difficult time and what those decisions may mean in both the short and long term.


Scott Dietz, Director, CPA, CECL and IFRS 9 Subject Expert, Moody’s Analytics
Sohini Chowdhury, PhD, Economics Solutions Lead, Moody’s Analytics