Archive

  • IFRS Interpretations Committee concludes on annuity profit recognition for IFRS 17

    04 July 2022

    Insurers had advocated for an alternative method to be used

  • IFRS 17's multiple currency implications to be reviewed

    08 June 2022

    An upcoming date for the IFRS Interpretations Committee to consider the issue has been agreed

  • Sun Life to lose up to 20% in shareholder equity with IFRS 17

    06 June 2022

    Canadian insurer expects increase in liabilities due to CSM on transition

  • IFRS 17 third-party reliance a "key risk" for Mena insurers

    30 May 2022

    AM Best comments on region's preparedness for the accounting standard

  • Europe stresses quality of outreach with IFRS 17 annuity ruling

    23 May 2022

    The UK, meanwhile, has urged broader issues to be addressed at post implementation review

  • Discount rates a major factor for IFRS 17 PAA eligibility in reinsurance

    23 May 2022

    Reinsurance contracts with longer coverage periods are not automatically eligible for PAA

  • IFRS 17 "ripe for judicial review", says UK peer

    20 May 2022

    Sharon Bowles continues to attack UKEB/FRC over secret discussions and audit reforms

  • UK officially approves IFRS 17

    17 May 2022

    UKEB raises broader concerns with annuity profits recognition and calls for a more in-depth review

  • Disclose IFRS 17 impacts mid-year, Esma urges insurers

    16 May 2022

    The authority published its disclosure recommendations for EU insurers

  • GFIA ends Russian insurers' membership

    12 May 2022

    Decision comes two months after Insurance Europe ended its partnership with Russian insurers