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IFRS 17 is "two steps forward, one step back" for insurance accounting
03 July 2024Updated standard removes asset-liability mismatch, but impedes comparability, says S&P
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IFRS 17 results comparison remains complex, finds WTW global analysis
02 July 2024Insurers have spent $20bn implementing the insurance contracts accounting standard
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Prudential to return $2bn of capital after rating agencies clarify IFRS 17 position
24 June 2024Moody's confirms half of CSM included in leverage ratio
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Monument Re slips to loss after quiet 2023
24 May 2024Bermudian life reinsurer and consolidator only completes one acquisition deal
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Tax losses and accounting top claims for M&A insurers
09 May 2024More W&I insurance is being used despite lacklustre M&A activity
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Late adjustments remain a pain point for IFRS 17 reporting
28 March 2024Most surveyed insurers say they are "not fully satisfied" with current reporting systems
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Bermuda's insurers throw support behind "sensible" tax change
26 February 2024New 15% income tax will put country on level footing with rest of the world
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Fitch revises financial ratio definitions for IFRS 17 and LDTI
12 January 2024Rating agency clarifies treatment of shareholders' equity, premium revenues and combined ratios
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Inigo chooses Phinsys platform to automate financial reporting
12 January 2024 -
CSRD will change the landscape of ESG data, say UNEP FI panellists
13 September 2023The value of regulation is also championed by the experts
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South Korea's insurers to assess strategies following K-ICS implementation
01 September 2023Less than half of firms using transitional measures to ease introduction of capital rules
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UK GAAP could be aligned with IFRS 17 by the early 2030s
27 July 2023BDO's Mark Spencer says firms can begin preparing now for change in accounting standard
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Countries delaying IFRS 17 implementation risk creating disaster, warns IASB chair
27 July 2023Andreas Barckow praises insurers for efforts in communicating accounting changes
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LDTI helping clarify VA hedging strategies despite comparison difficulties
25 July 2023Rating agency Moody's analyses Q1 reports from four large variable annuity firms
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L&G reveals latest IFRS 17 financials and PRT market activity
05 July 2023Shareholders' equity halved, but a £13.6bn CSM and RA created
- European insurers call for change in Solvency II's supplemental reforms
- Japan's FSA probes personal data leak at Tokio Marine unit
- Allianz UK centralises sustainability strategy with new leadership role
- Beazley not anticipating major hit from CrowdStrike outage
- AI is only used for reserving by a fraction of insurers worldwide
- Life and annuity reinsurer Martello Re raises $1.3bn in second financing round
- German insurers dispute natcat recalibrations in Solvency II standard formula
- Insurance Ireland prescribes tonic for Irish re/insurance market
- Insured losses from CrowdStrike outage could exceed $1bn for Fortune 500
- CrowdStrike IT outage wake-up call for technology use, says WR Berkley CEO