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Talanx RoE will be lower under IFRS 17 and 9, CFO warns
27 November 2019Understanding the impact of IFRS 9 and 17 is a key focus for insurers currently. German insurance group Talanx has shed light on the issue by warning its return on equity will be lower under IFRS 9 and 17. Cintia Cheong explains
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The dual challenge of implementing IFRS 17 and IFRS 9
21 November 2019Insurers across the world whose accounting practices are based on IFRS principles are busy preparing for the most radical shakeup for a generation. Cintia Cheong explains the basics behind those changes and how the industry is preparing
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IASB confirms plans to discuss criticisms of IFRS 17 and 9
21 November 2019Discussion on implementation date and annual cohorts among topics to be redeliberated
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IFRS 17 delay on the table in IASB discussion plan
12 November 2019But removal of comparative information is unlikely
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Auditors "probably the biggest risk" in IFRS 17 implementation
07 November 2019Experts warn of consequences of not engaging with stakeholders early
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IFRS 17: what insurers dislike from the final consultation
24 October 2019The treatment of reinsurance accounting under IFRS 17 appears to be the most consistent complaint from re/insurers, but deciding when the standard should take effect continues to generate disagreements among stakeholders. Cintia Cheong reports
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Efrag to resume IFRS 17 endorsement process
08 October 2019EU's accounting advisor revokes previous decision to wait until standard is finalised
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IFRS 17: on the verge of another delay?
25 September 2019Important EU stakeholders are calling for the insurance contracts accounting standard to be delayed once more. Cintia Cheong reports
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Removing IFRS 17 annual cohorts would lose credibility, says AM Best
06 September 2019Rating agency comments on IFRS 17 consultation
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Reinsurance is FRC's main concern for IFRS 17 adoption
19 August 2019FRC also highlights annual cohorts but says no changes can be made at this point