Archive

  • 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

  • Scor's Frieder Knüpling: everything starts with the risk function

    01 October 2019

    The chief risk officer of Scor tells Cintia Cheong how the risk function has helped the company deliver its strategic plan and how the French reinsurer plans to implement IFRS 17

  • 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

  • Solvency II, IFRS 17, local GAAP, Basel IV... where is the consistency?

    03 September 2019

    For the health of the financial sector and for the good of European citizens, accounting and solvency regimes for insurance and banking must be aligned around the same valuation concept, argue Serge Moulin, Giulio Terzariol and Carsten Zielke

  • Spelling out concerns with IFRS 17 reinsurance accounting

    22 August 2019

    The IASB has revised the insurance contracts accounting standard to minimise mismatches in reinsurance accounting. This may be good news for primary firms and reinsurers, but other challenges remain, as Cintia Cheong reports

  • Implementing IFRS 17 discount curves: theoretical and practical challenges

    30 July 2019

    Insurers will have to develop their own assumptions around discount rates under IFRS 17, which will re-open some old debates around incorporating the illiquidity premium. Steven Morrison explains.

  • Annual cohorts dominate EU debate on IFRS 17 endorsement

    10 July 2019

    Efrag's preliminary discussions on proposed amendments to IFRS 17 reveal growing support to revise the approach to grouping of insurance contracts. Cintia Cheong reports

  • "We want clarity and certainty for IFRS 17 implementation"

    09 July 2019

    Patrick Klijnsmit, director of finance, risk & performance management and control at ASR, talks to Cintia Cheong about choosing vendors and contractors, and what he thinks of the proposed changes to the accounting standard

  • Questioning the value of IFRS 17

    02 July 2019

    Irish insurance chief risk officers have expressed scepticism about the benefits of IFRS 17 and fear the principles-based nature of the insurance accounting standard will hamper consistency. Ronan McCaughey explains

  • IFRS 17: implementation update

    25 June 2019

    Two years into IFRS 17 preparations, four directors at consultancy Muller Beukes Edvardsen share their thoughts on how far insurers are on the road to implementation