Accounting/tax IFRS
News
Expect auditors' critical judgement on IFRS 17
Accountancy Europe urges insurers to involve auditors early in IFRS 17
IFRS 17 to minimally impact insurance product design and pricing
Milliman's study focused on European countries that have adopted Solvency II
Coface choses Duco for IFRS 17 implementation
Credit insurer described Duco as a "genuine disruptor" in data reconciliation
Decision to retain IFRS 17 annual cohorts "not taken lightly" - Hoogervorst
IASB's chair defends use of annual cohorts in ongoing saga
Call for IFRS 17 experts to support UK endorsement
Up to 11 members are needed for an IFRS 17 Technical Advisory Group
Video: Oscar Kitasoboka (UAE Insurance Authority) on his expectations from the IFRS 17 impact assessments
Likely to be challenging for life insurance business
Impact of IFRS 17 delay will be limited, survey reveals
More than a quarter of respondents are still unsure of the impacts
Efrag presses IASB to find solution to IFRS 17 annual cohorts
Fix the problem before IFRS 17 is finalised, says Efrag
Video: IASB's Darrel Scott on the next phase of IFRS 17
"We will have certainty as to the final shape of IFRS 17 and it will allow people to move into the final implementation process"
European insurers make last-minute call to fix IFRS 17
Lobby group Insurance Europe highlights annual cohorts and other issues ahead of IASB meeting
Analysis
The key decisions in Samsung Life's journey to IFRS 17 implementation
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Samsung Life's Jeong Hyeok Park and Deloitte Korea's Byoung Shin tell Cintia Cheong how the insurer is implementing the new accounting regime and what they make of the recent amendments to the standard
Choosing KPIs for IFRS 17
IFRS 17 is bringing a fundamental change in the accounting of re/insurance contracts for more than a thousand insurance entities around the world. Milena Lacheta and Wijdan Yousuf explain what analysts, rating agencies and auditors are thinking about measuring performance under the new standard
Actuarial recruitment: a pause for the pandemic
Cintia Cheong reports on the how the actuarial job market in the UK is faring amid the coronavirus pandemic, the IR35 tax changes and the implementation of IFRS 17
IFRS 17 in the UAE: the real issue is lack of expertise
Oscar Kitasoboka, chief actuary at the UAE Insurance Authority, talks to Cintia Cheong about the IFRS 17 challenges facing the country's insurers in comparison to other regions
Chubb's Barney Wanstall: creating the 'end-to-end' IFRS 17 solution
One of the biggest challenges for insurers implementing the IFRS 17 accounting standard is creating a seamless and robust system that takes in all the relevant information and produces the required numbers, as Chubb's head of IFRS 17 implementation in 25 countries explains to Cintia Cheong
IFRS 17 implementation requires "extreme flexibility"
Cristina Colozza, IFRS 17 disclosure and methodology central lead at Zurich, tells Cintia Cheong about the firm's IFRS 17 implementation status and the importance of its financial impact assessment