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

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

IFRS 17 Conference 2024: early bird ends on Friday

The early bird for InsuranceERM's 'The Future of Financial Reporting for Insurers: IFRS 17 and Beyond' will end this Friday, so register now to save 20%. InsuranceERM subscribers receive a further 40% discount.

Tighter equity capital rules from 2026 will cull Indonesia's insurers, Fitch expects

Higher requirements are being implemented in 2026 and 2028

Solvency UK reforms unlikely to alter credit investors' view on insurers

Phoenix Group's Rakesh Thakrar described the reforms as a "correction" of previous rules

Fitch calls peak on reinsurance margins as early signs of softer markets emerge

Rating agency says most price rises are in line with claims inflation

Fitch revises financial ratio definitions for IFRS 17 and LDTI

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

KCC estimates Japan earthquake insured losses at $6.4bn

AM Best has said it expects the event to have a limited credit ratings impact for major domestic non-life insurers

UK life sector set for boost in 2024 from PRT growth

Elsewhere in Europe, Fitch Ratings says life insurance sector outlooks are neutral

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

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

German life market faces decline in new business