Archive

  • Insurers struggle to explain LDTI volatility to stakeholders

    06 July 2021

    From communication to interpretation, experts discussed their challenges with implementing the incoming US life insurance accounting standard at last week's webinar. Cintia Cheong reports

  • "LDTI will drive income volatility"

    08 June 2021

    Cintia Cheong talks to experts about why reforms to US insurance accounting standards will cause income volatility and whether adopting the standard early can bring any benefits

  • How much is IFRS 17 costing the insurance industry?

    19 May 2021

    Insurers are 19 months away from having to implement the new contract accounting standard and it is already costing them more than anticipated. Cintia Cheong finds out why

  • Reinsurance could potentially offer IFRS 17 profit mutualisation

    13 April 2021

    Alexandre Tzenev, managing director for financial solutions EMEA at Scor, tells Cintia Cheong how reinsurance can offset the impact of onerous contracts under IFRS 17

  • IFRS 17 confidence level disclosure: ultimate run-off vs one year

    16 November 2020

    Cintia Cheong explores why insurers face a tricky choice between the two different time horizons for the confidence level disclosure of the IFRS 17 risk adjustment

  • IFRS 17's neglected questions: the risk adjustment and confidence levels

    14 September 2020

    Andries Beukes discusses with Cintia Cheong the findings of an investigation into how insurers are planning to calculate their IFRS 17 risk adjustment and confidence level

  • IASB issues final version of IFRS 17

    25 June 2020

    The deferral of implementation to 2023 and the reinsurance accounting changes are most welcomed by insurers. Cintia Cheong reports

  • The key decisions in Samsung Life's journey to IFRS 17 implementation

    24 April 2020

    Samsung Life's Jeong Hyeok Park and Deloitte Korea's Byoung Shin tell Cintia Cheong how the insurer is implementing the new accounting regime and what they make of the recent amendments to the standard

  • Choosing KPIs for IFRS 17

    09 April 2020

    IFRS 17 is bringing a fundamental change in the accounting of re/insurance contracts for more than a thousand insurance entities around the world. Milena Lacheta and Wijdan Yousuf explain what analysts, rating agencies and auditors are thinking about measuring performance under the new standard

  • Actuarial recruitment: a pause for the pandemic

    02 April 2020

    Cintia Cheong reports on the how the actuarial job market in the UK is faring amid the coronavirus pandemic, the IR35 tax changes and the implementation of IFRS 17