Accounting/tax IFRS
News
Efrag to consider extension to IFRS 17 consultation
Advisory body moots early 2019 as delivery date
MEPs seek scrutiny of IFRS 17 implementation timeline
European Parliament's Econ committee files draft resolution demanding deeper investigation of accounting standard
PIC appoints chief actuary from PwC
Dominic Veney replaces Jim Collins
Legerity launches SaaS solution for IFRS 17
Fully managed option for FastPost software
Efrag: no plans to review impact of Solvency II and IFRS 17 together
EU's financial reporting advisor under spotlight to answer questions about upcoming accounting standard
IFRS 17 will cost more than Solvency II, say 90% of insurance professionals
ASR decides on IFRS 17 software
MetLife and Lloyd's CFOs step down
IFRS 17 deadline raises feasibility concerns
Moody's Analytics launches IFRS 17 tool
Chesnara finishes Solvency II transition, begins IFRS 17 project
Berkshire Hathaway reveals $3.2bn underwriting loss
Analysis
The thinking behind Milliman's Mind
Milliman launched its Mind solution for actuarial modelling at the start of this year. Christopher Cundy talks to the lead developer and one of the first users of the innovative solution that bridges the gap to the actuary's favourite tool, Excel
The challenge of constructing IFRS 17 discount rates
Nick Jessop discusses the permitted approaches for constructing insurance contract discount rates under the IFRS 17.
Risk and actuarial recruitment: boom time again
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
IAIS faces fresh debate on systemic risk – and clash on capital standard
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
NN's Jan-Hendrik Erasmus: "the key issue is how to embrace technology"
NN Group's chief risk officer discusses with David Walker how the Dutch insurer is positioned for M&A, why Solvency II does not need to change, longevity risk hedging and today's technology and cyber challenges
The rise and fall of valuation methodologies
The arrival of Solvency II and revised guidance on embedded value methodologies has led to changes in the financial metrics that European insurers report – and not all of them are welcome. David Walker reports
