Case Study: Tokio Marine achieves IFRS 17 compliance with CCH Tagetik

With CCH Tagetik's IFRS17 solution Tokio Marine can accelerate IFRS 17 expanding requirements allowing them to focus on their core business

Tokio Marine, a major general insurer operating in Malaysia with 19 branches and about 800 staff, faced the challenge of preparing its finance and actuarial teams for the complex, fast-changing demands of IFRS 17 while operating in a heavily regulated, partially de‑tariffed market. The company needed to innovate quickly to meet evolving regulator, customer and shareholder requirements without rebuilding solutions from scratch.

Tokio Marine selected CCH Tagetik for its deep accounting and actuarial expertise and an off‑the‑shelf, flexible IFRS 17 solution with pre‑configured calculations, end‑to‑end ETL-to-reporting capabilities and a strong audit trail. By extending the platform to deliver out‑of‑the‑box disclosures and customized accounting entries, the insurer accelerated implementation, maintained momentum despite the IFRS 17 delay, simplified audits and reused the solution for budgeting and planning.

Tokio Marine

Ka Weng Loh

General Manager