Archive

  • 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.

  • Risk and actuarial recruitment: boom time again

    22 February 2018

    Wages in actuarial and risk management roles are going up, in large part because of the opportunities created by IFRS 17, the new insurance contracts accounting standard. Cintia Cheong reports

  • IFRS 17 throws down technology challenge to insurers

    14 December 2017

    There is no single technology vendor offering a solution to the recently announced accounting standard, IFRS 17, and several parts will have to be custom built, according to PwC's Richard Hart. He caught up with Christopher Cundy to talk about about the opportunities these challenges present and the strategies the industry is taking

  • IAIS faces fresh debate on systemic risk – and clash on capital standard

    31 October 2017

    The International Association of Insurance Supervisors meeting in Kuala Lumpur this week comes amid a renewed debate about systemic risk in insurers and big questions about the deadlines for developing a global capital standard. Christopher Cundy reports

  • The biggest barrier to actuarial system improvement is... actuaries?

    27 July 2017

    As insurers prepare for another round of system adaptation and process review with the introduction of IFRS 17, Andries Beukes shares his experience in modernising actuarial systems and discusses what role actuaries have in the success – and failure – of transformation projects

  • IFRS 17 compliance: a task comparable with Solvency II?

    18 May 2017

    IFRS 17 has been described as a "landmark shift" in insurer accounting and some are saying that implementation could require more work than was needed for Solvency II. InsuranceERM gets the lowdown from the industry on what it means for the sector