Archive

  • IFRS 17 is "two steps forward, one step back" for insurance accounting

    03 July 2024

    Updated standard removes asset-liability mismatch, but impedes comparability, says S&P

  • IFRS 17 results comparison remains complex, finds WTW global analysis

    02 July 2024

    Insurers have spent $20bn implementing the insurance contracts accounting standard

  • Prudential to return $2bn of capital after rating agencies clarify IFRS 17 position

    24 June 2024

    Moody's confirms half of CSM included in leverage ratio

  • Monument Re slips to loss after quiet 2023

    24 May 2024

    Bermudian life reinsurer and consolidator only completes one acquisition deal

  • Tax losses and accounting top claims for M&A insurers

    09 May 2024

    More W&I insurance is being used despite lacklustre M&A activity

  • Has IFRS 17 improved comparability and consistency? The jury is still out

    16 April 2024

    After more than two decades' work on IFRS 17, the industry is still unsure if the accounting standard has made things better. Joshua Geer reports

  • 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

  • Auditors and insurers bond over IFRS 17 frustrations

    22 March 2024

    Auditors and insurers were never going to face an easy ride implementing IFRS 17. Both parties have detailed the challenges they faced over the last year and why they're not over yet. Paul Walsh reports

  • 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

  • Bermuda's tax bomb is a boon, says Karel Van Hulle

    26 February 2024

    From new tax rules to an ever-expanding life market, Bermuda is in a transformational phase. Karel Van Hulle, the father of Solvency II and a BMA board member, tells Sarfraz Thind why these changes will do the market good