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EU tables IFRS 17 carve out for annual cohorts - UPDATED
19 July 2021European Commission's first stage of endorsement is completed
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European and Asian insurers likely to benefit from IFRS 17/9 rule change
30 June 2021Deloitte's Francesco Nagari says proposal would help explain transition to investors
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IASB approves fix to IFRS 17/9 mismatches
23 June 2021Consultation expected around end of July
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EU carve out for IFRS 17 a "distinct possibility", says IASB chair
07 June 2021Hans Hoogervorst's farewell speech urges transparency over use of carve out
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IASB says amendment is needed to fix IFRS 17/9 mismatches
28 May 2021Board members asked to provide preliminary comments
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European carve out advocated for IFRS 17 annual cohorts
07 April 2021Spanish and Polish insurers call for changes to annual cohort requirement
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European Commission set to rule on IFRS 17 annual cohorts issue
31 March 2021Efrag fails to reach consensus on whether to endorse use of annual cohorts
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Fix annual cohorts, then we'll support IFRS 17 endorsement, say European insurers
25 January 2021Insurance Europe and CFO Forum say other issues do not block endorsement
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Efrag members split over annual cohorts in IFRS 17
02 September 2020EU accounting body to debate issue in coming weeks
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Deloitte warns of problematic EU version of IFRS 17
28 August 2020European insurers fight to fix annual cohorts