IFRS 17

News

Revise scope for IFRS 17 and 9 mismatch fix, say European insurers

Insurance Europe also asks IASB to clarify disclosure requirements

Prioritise IFRS 17 and 9, European insurers tell IASB

Insurance Europe responds to IASB's five-year plan

Brits brand the EU's IFRS 17 annual cohorts proposal "very negative"

UK's accounting experts give preliminary views on IFRS 17 endorsement

UK delays IFRS 17 endorsement

UKEB was due to publish its final endorsement decision in February 2022

Global actuaries publish IFRS 17 educational document

IAN 100 incorporates amendments to the standard published in June 2020

Hot demand from insurers for climate risk technology

Key trends from this year's upcoming InsuranceERM technology guide

Comment: IFRS 17 planning all comes down to the transition

IFRS 17 becomes effective in less than 500 days, and planning for the transition is key

Takaful insurer using FIS Prophet for IFRS 17 implementation

Deal follows FIS's collaborations with other insurers in Southeast Asia

UKEB urges greater disclosure with IFRS 17 and 9 mismatch solution

Extra information requirements are proposed for insurers

Insurers reveal Covid-19 impacts on IFRS 17 implementation

PwC's survey shows one third of respondents have not started test runs

Analysis

Climate risk enables insurance technology to blaze a trail

Acute regulatory, shareholder and consumer pressure on climate change is fuelling increasing demand from insurers for technology to assess the impact of climate risk. Ronan McCaughey explains how insurance software vendors are responding to the challenge

Saudi Arabia embraces IFRS 17 for insurance transformation

IFRS 17 in Saudi Arabia is a story of right time, right place - and the Middle East's largest economy is powering ahead to ensure the standard can transform the country's insurance sector. Ronan McCaughey explains

Insurers struggle to explain LDTI volatility to stakeholders

From communication to interpretation, experts discussed their challenges with implementing the incoming US life insurance accounting standard at last week's webinar. Cintia Cheong reports

"LDTI will drive income volatility"

Cintia Cheong talks to experts about why reforms to US insurance accounting standards will cause income volatility and whether adopting the standard early can bring any benefits

How much is IFRS 17 costing the insurance industry?

Insurers are 19 months away from having to implement the new contract accounting standard and it is already costing them more than anticipated. Cintia Cheong finds out why

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