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IFRS 17: implementation update
25 June 2019Two 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
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Ireland's insurers zero in on operational resilience
19 June 2019Operational resilience is fast becoming the watchword for Ireland's re/insurance market and the country's insurance regulator. Ronan McCaughey explains
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Figuring out profit emergence under IFRS 9 and IFRS 17
13 June 2019Gavin Conn and Steven Morrison examine how the choice of liability discount rate affects the expected profit emergence and earnings volatility under IFRS 9 and IFRS 17
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Why South Korea leads the way on IFRS 17
04 June 2019South Korea has pioneered the adoption of the new accounting standard for insurance contracts, as well as coping with preparations for a new capital standard at the same time. Martin Sarjeant explains how
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Decoding IFRS 17 from an investment perspective
30 April 2019Efforts by the International Accounting Standards Board (IASB) to clarify the definition of investment components within an insurance contract have been welcomed by some stakeholders. However, others argue a new proposal from the board could spark confusion. Cintia Cheong explains
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Getting IFRS 17 ready for lift off
16 April 2019Despite the recent efforts by the IASB in proposing several changes to ease the implementation of IFRS 17, the new accounting standard for insurance contracts, some in the industry believe more needs to be done. Cintia Cheong rounds up the latest developments on IFRS 17 and the outstanding issues until its launch
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Actuarial recruitment: IFRS 17 delay pauses contractor demand
02 April 2019Insurance actuaries remain in demand for traditional tasks as well as a growing range of non-traditional jobs. But recruitment consultants are still waiting to see an IFRS 17-related surge, as Cintia Cheong reports
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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