Archive

  • Zurich CFO welcomes "unexpected benefits" of IFRS 17

    28 September 2022

    George Quinn forecasts a smooth transition to the 2023 accountancy standard

  • Scor CEO: IFRS 17 will force us into improving value explanation

    12 September 2022

    During RVS 2022, Laurent Rousseau warned to expect more volatility in financial metrics

  • Interpretations Committee to consider tweaks to IFRS 17 for multi-currency contracts

    05 September 2022

    Changes to wording of tentative agenda decision due for approval next week

  • LDTI: beneath the headlines

    02 September 2022

    The biggest US insurance accounting change in decades is causing some startling impacts on financial metrics, but the likely effects of LDTI are not troubling many. Sarfraz Thind reports

  • US Senator probes Blackstone subsidiary over "tax evasion" policies

    16 August 2022

    PPLI could be used for tax avoidance by wealthiest, says Wyden

  • IFRS 17: still waiting for disclosures

    04 August 2022

    The IFRS 17 accounting standard is due to be implemented in five months' time, but many insurers are leaving it until the eleventh hour to reveal what impact the transition will have on their financial metrics. Christopher Cundy and Paul Walsh report

  • KPMG: seven ways insurers can prepare for IFRS 17 and IFRS 9

    29 July 2022

    Standards will significantly change financial reporting for underwriters

  • IFRS 17 annuity accounting decision approved by IASB

    19 July 2022

    Accounting standards board also considers clarifications on multi-currency contracts

  • IFRS Interpretations Committee concludes on annuity profit recognition for IFRS 17

    04 July 2022

    Insurers had advocated for an alternative method to be used

  • IFRS IC likely to stand its ground on IFRS 17 annuity decision

    08 June 2022

    Staff at the IFRS Interpretations Committee have backed the original decision on annuity accounting, going against the view of most stakeholders. Cintia Cheong reports