Accounting/tax IFRS
News
VIG stresses need to test IFRS 17 early
Austrian insurer describes the company's dry run process
European carve out advocated for IFRS 17 annual cohorts
Spanish and Polish insurers call for changes to annual cohort requirement
CA Vida picks Moody's Analytics for IFRS 17 implementation
The Portuguese insurer will use RiskIntegrity for IFRS 17, a cloud-based tool from Moody's Analytics
European Commission set to rule on IFRS 17 annual cohorts issue
Efrag fails to reach consensus on whether to endorse use of annual cohorts
Insurers divided on IFRS 17 key performance indicators
Highlights from InsuranceERM's IFRS 17 virtual conference
Tax reform on the table for Bermuda's re/insurance business
Government considering corporate tax shift as island faces further blacklisting
German insurers propose split approach for sustainability reporting
GDV suggests narrative ESG reporting, and a central database
Cocolife partners with Moody's Analytics for IFRS 17
The partnership follows the software provider's earlier collaboration with Singlife
Canada's CAA selects Aptitude software for IFRS 17 implementation
More and more P&C insurers look for IFRS 17 solution, says Aptitude
Fix annual cohorts, then we'll support IFRS 17 endorsement, say European insurers
Insurance Europe and CFO Forum say other issues do not block endorsement
Analysis
Reinsurance could potentially offer IFRS 17 profit mutualisation
Alexandre Tzenev, managing director for financial solutions EMEA at Scor, tells Cintia Cheong how reinsurance can offset the impact of onerous contracts under IFRS 17
IFRS 17 confidence level disclosure: ultimate run-off vs one year
Cintia Cheong explores why insurers face a tricky choice between the two different time horizons for the confidence level disclosure of the IFRS 17 risk adjustment
IFRS 17's neglected questions: the risk adjustment and confidence levels
Andries Beukes discusses with Cintia Cheong the findings of an investigation into how insurers are planning to calculate their IFRS 17 risk adjustment and confidence level
IASB issues final version of IFRS 17
The deferral of implementation to 2023 and the reinsurance accounting changes are most welcomed by insurers. Cintia Cheong reports
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