Archive

  • Flood of applications for IFRS 17 transition group

    02 August 2017

    Number of members yet to be decided

  • "Be careful what you wish for" on IFRS 17 flexibility, says IASB

    30 June 2017

    Aegon representative points to potential for wildly different interpretation of product classes

  • IFRS 17 could cost UK up to £2bn

    05 June 2017

    New standard for Europe will be 'considerably higher', says Prudential's CFO

  • IFRS 17 compliance: a task comparable with Solvency II?

    18 May 2017

    IFRS 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

  • IFRS 17 publication delayed, transition group planned

    19 January 2017

    "Minor issues" to be dealt with at February meeting

  • IFRS 17: the new cloud on the horizon

    08 December 2016

    Could IFRS 17 be even more burdensome and costly than Solvency II? A final text is due to be published in March and insurers are looking for fundamental changes – otherwise some will face a long and expensive path to compliance. Sarfraz Thind reports

  • Taking some pain out of IFRS 4

    09 September 2014

    The overlaps in terms of data requirements, processes and modelling between the new insurance accounting standard IFRS 4 and Solvency II are considerable and should give some cheer to insurers, argue KPMG's Danny Clark, Peter Ott and Viviane Leflaive

  • Costs to implement accounting standards soar

    25 October 2013

    Predicted budget to meet IFRS standards is now $25m-50m