Archive

  • Bermuda's tax bomb is a boon, says Karel Van Hulle

    26 February 2024

    From new tax rules to an ever-expanding life market, Bermuda is in a transformational phase. Karel Van Hulle, the father of Solvency II and a BMA board member, tells Sarfraz Thind why these changes will do the market good

  • ISSB and EU pledge to minimise the sustainability reporting overload

    31 October 2023

    European firms will have to comply with both EU and IFRS sustainability disclosure standards from their 2024 annual reports. But the two standard-setters have promised to be as harmonised as possible, as Joshua Geer reports

  • IFRS 17: simplifying accounting for multi-year reinsurance contracts

    22 May 2023

    There are circumstances in which the Premium Allocation Approach can be used for multi-year reinsurance contracts, as Milena Lacheta explains

  • IFRS 17: where is the value, and was it worth it?

    06 April 2023

    The new insurance contracts accounting standard is costing billions to implement, but has it been worthwhile? Experts at InsuranceERM's IFRS 17 conference addressed this question, as Joshua Geer reports

  • IFRS 17 preparers and auditors sprint for the finish line

    04 April 2023

    With both insurers and auditors still learning about the new insurance contracts accounting standard, tensions are running high as reporting deadlines near. Christopher Cundy reports

  • CNP's Vincent Damas: the planet is a stakeholder in our business

    30 March 2023

    CNP Assurances has revolutionised its annual reporting, putting the focus on non-financial metrics. The French insurer's head of CSR, Vincent Damas, tells Joshua Geer why

  • Reviewing the initial IFRS 17 disclosures

    23 March 2023

    With less than two months until the first insurers begin reporting under the IFRS 17 accounting standard, Christopher Cundy talks to WTW's Kamran Foroughi about what picture is emerging

  • Finding a consensus on IFRS 17 leverage ratios

    23 January 2023

    Some signs of agreement on how financial leverage will be presented under the new insurance contracts accounting standard are emerging, but options remain open, as Christopher Cundy reports

  • IFRS 17's second-order effects begin to crystalise

    23 November 2022

    The insurance sector is beginning to look beyond the surface and understand what changes the IFRS 17 era will bring to business. Paul Walsh reports

  • LDTI: beneath the headlines

    02 September 2022

    The biggest US insurance accounting change in decades is causing some startling impacts on financial metrics, but the likely effects of LDTI are not troubling many. Sarfraz Thind reports