Archive

  • IFRS 17 in the UAE: the real issue is lack of expertise

    18 March 2020

    Oscar Kitasoboka, chief actuary at the UAE Insurance Authority, talks to Cintia Cheong about the IFRS 17 challenges facing the country's insurers in comparison to other regions

  • Chubb's Barney Wanstall: creating the 'end-to-end' IFRS 17 solution

    27 February 2020

    One of the biggest challenges for insurers implementing the IFRS 17 accounting standard is creating a seamless and robust system that takes in all the relevant information and produces the required numbers, as Chubb's head of IFRS 17 implementation in 25 countries explains to Cintia Cheong

  • IFRS 17 implementation requires "extreme flexibility"

    06 February 2020

    Cristina Colozza, IFRS 17 disclosure and methodology central lead at Zurich, tells Cintia Cheong about the firm's IFRS 17 implementation status and the importance of its financial impact assessment

  • IFRS 17: twists and turns in the home straight

    07 January 2020

    Cintia Cheong examines stakeholders' preliminary views of the IASB's redeliberations and previews the final stages of development of the insurance contracts accounting standard

  • The devil in the IFRS 17 detail of reinsurance indexation clauses

    12 December 2019

    The wording used in reinsurance contracts could lead to a bumpy transition from IFRS 4 to IFRS 17. Vasilka Bangeova explains how one contract clause - indexation - might trip re/insurers up

  • Talanx RoE will be lower under IFRS 17 and 9, CFO warns

    27 November 2019

    Understanding 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

  • The dual challenge of implementing IFRS 17 and IFRS 9

    21 November 2019

    Insurers 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

  • IFRS 17: what insurers dislike from the final consultation

    24 October 2019

    The 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

  • What's on the horizon for Bermuda's re/insurance market

    04 October 2019

    Deloitte’s Gokul Sudarsana talks to Christopher Cundy about his thoughts on some of the trends and challenges that face Bermuda's insurance market

  • IFRS 17: on the verge of another delay?

    25 September 2019

    Important EU stakeholders are calling for the insurance contracts accounting standard to be delayed once more. Cintia Cheong reports