Accounting/tax

  • Late adjustments remain a pain point for IFRS 17 reporting

    28 March 2024

    Most surveyed insurers say they are "not fully satisfied" with current reporting systems

  • Bermuda's insurers throw support behind "sensible" tax change

    26 February 2024

    New 15% income tax will put country on level footing with rest of the world

  • Fitch revises financial ratio definitions for IFRS 17 and LDTI

    12 January 2024

    Rating agency clarifies treatment of shareholders' equity, premium revenues and combined ratios

  • Inigo chooses Phinsys platform to automate financial reporting

    12 January 2024
  • CSRD will change the landscape of ESG data, say UNEP FI panellists

    13 September 2023

    The value of regulation is also championed by the experts

  • South Korea's insurers to assess strategies following K-ICS implementation

    01 September 2023

    Less than half of firms using transitional measures to ease introduction of capital rules

  • UK GAAP could be aligned with IFRS 17 by the early 2030s

    27 July 2023

    BDO's Mark Spencer says firms can begin preparing now for change in accounting standard

  • Countries delaying IFRS 17 implementation risk creating disaster, warns IASB chair

    27 July 2023

    Andreas Barckow praises insurers for efforts in communicating accounting changes

  • LDTI helping clarify VA hedging strategies despite comparison difficulties

    25 July 2023

    Rating agency Moody's analyses Q1 reports from four large variable annuity firms

  • L&G reveals latest IFRS 17 financials and PRT market activity

    05 July 2023

    Shareholders' equity halved, but a £13.6bn CSM and RA created

  • Moody's flags issues for firms voyaging out for offshore life reinsurance

    01 June 2023

    Moody's said the movement towards offshore business is a credit negative for life firms

  • Beazley shuns "two models" approach to IFRS 17 implementation

    24 May 2023

    Specialty re/insurer will only use GMM, rather than simplified PAA

  • WTW unveils expanded IFRS 17 reporting offering

    15 May 2023
  • China Life sticks with VNB metric in IFRS 17 implementation

    10 May 2023

    Follows trend for life insurers to provide continuation on key performance indicators

  • At least 14 EU firms to use IFRS 17 annual cohorts opt-out

    14 April 2023

    KPMG analysis of IFRS 17 disclosures also covers discount rate and risk adjustment approaches