IFRS 17 introduces a dramatic overhaul of insurance reporting. With limited discretion in actuarial reserve setting, there is a natural business case for the use of reinsurance in managing P&L volatility and in preserving balance sheet stability. This session will highlight how reinsurance solutions can act as a strategic lever to support and enhance key performance indicators of insurance companies. Opportunities exist both pre- and post-transition, including protection against increased volatility in results, reducing the effect of onerous contracts, managing the impact on transition, etc. We will highlight a number of these and discuss them in further detail.