Archive

Finding a consensus on IFRS 17 leverage ratios

Some signs of agreement on how financial leverage will be presented under the new insurance contracts accounting standard are emerging, but options remain open, as Christopher Cundy reports

IFRS 17 will require significant bedding in this year

KPMG UK says many insurers have major projects continuing in 2023

ICICI Prudential Life expands relationship with FIS for IFRS 17 deal

KPMG outlines IFRS 17 and IFRS 9 impacts as standards come into effect

Information was analysed from 26 international insurers on the standards' implications

InsuranceERM's top stories of 2022

Christopher Cundy, Ronan McCaughey, Sarfraz Thind, Paul Walsh and Joshua Geer review the key developments that shaped the insurance market in 2022 - and share their outlooks for 2023

OSFI provides IFRS 17 transitional relief for P&C insurers

The Canadian regulator said the relief period will give insurers time to comply with IFRS 17

FIS makes multiple updates to its Insurance Risk Suite tool

The vendor has also released improvements to its Insurance Risk Suite - GI Edition

"IFRS 17 transition will not alter our DNA," says Munich Re

CFO Christoph Jurecka welcomed transparency and consistency of new accounting regime

Generali calls for input on new disclosures under IFRS 9/17

CFO Cristiano Borean says accounting alignment with Solvency II is "material benefit"

Transparency for life business is big win from IFRS 17, says Allianz CFO

Giulio Terzariol says the change from IFRS 4 is positive