Archive

  • "IFRS 17 is the most cross-function project we've ever had"

    11 February 2019

    Erich 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

  • How to sell an IFRS 17 lemon

    29 January 2019

    Andries Beukes and Pamela Hellig explains why a fair value loss component is improbable but not impossible under IFRS 17

  • US life firms under pressure from accounting overhaul

    08 January 2019

    It 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

  • Profit emergence under IFRS 17: The Variable Fee Approach

    13 November 2018

    Steven 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

  • IFRS 17: A delay in the balance

    23 October 2018

    Arguments 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

  • InsuranceERM's Technology Guide 2018-19 is now live

    09 October 2018

    Christopher Cundy introduces this year's guide to risk, capital and asset management software

  • Efrag makes preliminary call on IFRS 17 issues and timeline

    26 July 2018

    The EU accounting standards advisory body has acknowledged the "very challenging" implementation timelines for IFRS 17 and shared its thoughts on other potential problems with the incoming standard for insurance contracts. Cintia Cheong and Christopher Cundy report

  • IFRS 17 earnings recognition: challenges, opportunities and innovations

    21 June 2018

    Luca Tres and Adam Robinson discuss IFRS 17 and its earning recognition criteria from a capital markets and insurance practitioner's perspective, and consider the challenges and the opportunities this presents

  • Mapfre's Antonio Huertas: there should be one global capital regime

    19 June 2018

    Mapfre's chief executive tells Cintia Cheong about the challenges and risks at the top of the Spanish insurer's agenda, including underinsurance, Solvency II and IFRS 17

  • The challenge of constructing IFRS 17 discount rates

    12 April 2018

    Nick Jessop discusses the permitted approaches for constructing insurance contract discount rates under the IFRS 17.