Accounting/tax IFRS

News

PwC launches IFRS 17 In A Box software

Aim to help SME insurers achieve compliance without major transformation

Canadian insurer teams up with SAS for IFRS 17 implementation

The collaboration will help Northbridge improve data and financial management

Internal auditors should consider five areas in IFRS 17 projects

Deloitte advises on internal audit process of adopting IFRS 17

BDO hires head of actuarial from LCP

Robert Murray will work with non-life re/insurers

Efrag to resume IFRS 17 endorsement process

EU's accounting advisor revokes previous decision to wait until standard is finalised

AAE appoints Cecilia Thorn as CEO

The Swedish national replaces Ad Kok who retired in August

IFRS 17 annual cohorts may not reflect nature of insurance, says S&P

Accounting standard also highlights how low interest rates put insurers under pressure

FRC begins review into equity-release mortgage accounting

Action follows Prudential Regulation Authority’s reforms on regulatory approach

LDTI delay in the US will help insurers, says Oracle

Data remains a significant challenge for insurers moving to the new standard

FASB formally proposes delaying LDTI by one year

Accounting body sets out consultation paper with final vote after September

Analysis

What's on the horizon for Bermuda's re/insurance market

Deloitte’s Gokul Sudarsana talks to Christopher Cundy about his thoughts on some of the trends and challenges that face Bermuda's insurance market

IFRS 17: on the verge of another delay?

Important EU stakeholders are calling for the insurance contracts accounting standard to be delayed once more. Cintia Cheong reports

Solvency II, IFRS 17, local GAAP, Basel IV... where is the consistency?

For the health of the financial sector and for the good of European citizens, accounting and solvency regimes for insurance and banking must be aligned around the same valuation concept, argue Serge Moulin, Giulio Terzariol and Carsten Zielke

Annual cohorts dominate EU debate on IFRS 17 endorsement

Efrag's preliminary discussions on proposed amendments to IFRS 17 reveal growing support to revise the approach to grouping of insurance contracts. Cintia Cheong reports

"We want clarity and certainty for IFRS 17 implementation"

Patrick Klijnsmit, director of finance, risk & performance management and control at ASR, talks to Cintia Cheong about choosing vendors and contractors, and what he thinks of the proposed changes to the accounting standard

IFRS 17: implementation update

Two 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