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IFRS 17 Conference: what have we learned?
12 March 2019The upcoming accounting standard for insurance contracts poses several challenges to the industry ranging from skills shortages to stakeholder engagement. On 27 February, experts convened at InsuranceERM's IFRS 17 Conference in London to discuss their approach to successful implementation. Cintia Cheong summarises the findings
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Don't postpone IFRS 17 deadline again, says Allianz
26 February 2019Cintia Cheong asks Remo Cavegn, Allianz One.Finance programme director, about why the 2022 deadline should stay and how the German insurer is managing to stay ahead of the game
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Proposed changes to IFRS 17 transitional arrangements "not far enough"
20 February 2019David Wilson, IFRS 17 programme director at Aegon UK, tells Cintia Cheong what he thinks of the recently proposed amendments to the accounting standard, and how the company will achieve a consistent implementation while leveraging Solvency II processes
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"IFRS 17 is the most cross-function project we've ever had"
11 February 2019Erich Kruschitz, head of group finance of Uniqa, tells Cintia Cheong about the challenges the company faces with the implementation of IFRS 17 and 9 accounting standards
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How to sell an IFRS 17 lemon
29 January 2019Andries Beukes and Pamela Hellig explains why a fair value loss component is improbable but not impossible under IFRS 17
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US life firms under pressure from accounting overhaul
08 January 2019It has been billed as the biggest change in US accounting rules for decades. But reportage of the new US GAAP LDTI standard remains sparse. Since coming into effect in August, with an implementation deadline of 2021, companies have been scrambling to assess the impact. Sarfraz Thind reports
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Profit emergence under IFRS 17: The Variable Fee Approach
13 November 2018Steven Morrison continues his series on profit emergence under IFRS 17 by considering financial risk and its impact on contracts with participation features – with a focus on the differences between the VFA and general measurement model, and the impact of risk mitigation
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Candace Woods: engineering financial wellness
06 November 2018Prudential Financial's chief actuary talks to Christopher Cundy about her role in improving diversity, reforming its actuarial team and the regulatory challenges facing the insurer.
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IFRS 17: A delay in the balance
23 October 2018Arguments are raging about whether implementation of the new insurance contracts accounting standard should be delayed. Cintia Cheong wraps up the latest developments in the long-running saga
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InsuranceERM's Technology Guide 2018-19 is now live
09 October 2018Christopher Cundy introduces this year's guide to risk, capital and asset management software