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Subscribe nowAn upcoming date for the IFRS Interpretations Committee to consider the issue has been agreed
Canadian insurer expects increase in liabilities due to CSM on transition
AM Best comments on region's preparedness for the accounting standard
The UK, meanwhile, has urged broader issues to be addressed at post implementation review
Reinsurance contracts with longer coverage periods are not automatically eligible for PAA
Sharon Bowles continues to attack UKEB/FRC over secret discussions and audit reforms
UKEB raises broader concerns with annuity profits recognition and calls for a more in-depth review
The authority published its disclosure recommendations for EU insurers
Decision comes two months after Insurance Europe ended its partnership with Russian insurers
Grant Thornton analysis of 2021 reports finds little information beyond project progress
UKEB's assessment of the true and fair principle on IFRS 17 continues to be challenged
French reinsurer reveals preliminary impacts of new accounting standards
UKEB reveals further IFRS 17 timelines after the indicative vote scheduled for 9 May
UK endorsement body expects final adoption decision soon after tentative vote
Staff at the IFRS Interpretations Committee have backed the original decision on annuity accounting, going against the view of most stakeholders. Cintia Cheong reports
US insurers have begun disclosing the impact of 2023's new accounting standard, proving beyond doubt it will be one of the biggest shifts in accounting rules in years. Sarfraz Thind reports
Despite overall support for adoption of IFRS 17, the UK Endorsement Board has received pushback from some stakeholders over a handful of issues. Cintia Cheong reports on the concerns
The insurer's IFRS 17 technical lead in Europe tells Cintia Cheong why the insurer will have to prepare for three different accounting bases after Brexit and explains the unresolved issues with implementation
The UK jobs market for actuaries is booming, but how has the Covid-19 pandemic changed the sector? Cintia Cheong reports on the latest UK actuarial recruitment trends
Christopher Cundy, Ronan McCaughey, Sarfraz Thind and Paul Walsh reveal the most-read stories that ran in 2021 and discuss why they will remain relevant in 2022