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US life firms under pressure from accounting overhaul
08 January 2019It has been billed as the biggest change in US accounting rules for decades. But reportage of the new US GAAP LDTI standard remains sparse. Since coming into effect in August, with an implementation deadline of 2021, companies have been scrambling to assess the impact. Sarfraz Thind reports
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IASB votes in favour of IFRS 17 delay
14 November 2018IFRS 9 also to be delayed to maintain consistency for insurers
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FIS boosts Prophet's IFRS 17 capabilities
30 July 2018Q3 update adds functionality to support PAA approach
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IFRS 17 deadline raises feasibility concerns
26 April 2018Accounting standard brings operational complexity, says panel
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Finalists announced for InsuranceERM Awards
21 December 2017See which companies, teams and individuals have made the shortlist for this year's awards for risk and capital management
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FIS partners with Deloitte on IFRS 17
20 September 2017Deal aims to improve collaboration between finance and actuarial functions, says FIS
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Prophet libraries updated for latest IFRS 17 version
03 July 2017Includes new group calculations library
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FIS partners with SAP on IFRS 17
15 June 2017Actuarial and finance departments will have to work together like never before, says FIS
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IFRS 17 compliance: a task comparable with Solvency II?
18 May 2017IFRS 17 has been described as a "landmark shift" in insurer accounting and some are saying that implementation could require more work than was needed for Solvency II. InsuranceERM gets the lowdown from the industry on what it means for the sector
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MBE appoints Prophet expert
13 February 2017Rajjiv Fowdur joins from FIS