IFRS 17

News

IFRS 17 consultation expected on 26 June

Proposed amendments are narrow but provide meaningful changes, says IASB

UK insurers want greater flexibility for IFRS 17 transition

Huw Evans outlines ABI’s initiatives

Aegon UK chooses Legerity for IFRS 17 implementation

Legerity also opens Hong Kong office and hires Asia-Pacific head

Efrag quizzes insurers on IFRS 9 hedge accounting

Questionnaire forms part of IFRS 17 endorsement process

Technology and cyber top poll of insurers' risks

The Insurance Banana Skins report says overall tone is the most negative since 2007

Three quarters of insurers budget IFRS 17 and 9 separately

More than half implement the accounting standards separately

IASB urges insurers not to duplicate governance in IFRS 17

Systems should be as consolidated as possible, says Darrel Scott

IFRS 17 treatment of investment return service likely to attract criticism

IASB answers Efrag's burning questions ahead of consultation

FIS launches Enterprise Accounting System for IFRS 17

Vendor extends Prophet to fill the gap between actuarial and finance systems

Analysis

IFRS 17: implementation update

Two years into IFRS 17 preparations, four directors at consultancy Muller Beukes Edvardsen share their thoughts on how far insurers are on the road to implementation

Ireland's insurers zero in on operational resilience

Operational resilience is fast becoming the watchword for Ireland's re/insurance market and the country's insurance regulator. Ronan McCaughey explains

Figuring out profit emergence under IFRS 9 and IFRS 17

Gavin Conn and Steven Morrison examine how the choice of liability discount rate affects the expected profit emergence and earnings volatility under IFRS 9 and IFRS 17

Why South Korea leads the way on IFRS 17

South Korea has pioneered the adoption of the new accounting standard for insurance contracts, as well as coping with preparations for a new capital standard at the same time. Martin Sarjeant explains how

Decoding IFRS 17 from an investment perspective

Efforts by the International Accounting Standards Board (IASB) to clarify the definition of investment components within an insurance contract have been welcomed by some stakeholders. However, others argue a new proposal from the board could spark confusion. Cintia Cheong explains

Getting IFRS 17 ready for lift off

Despite the recent efforts by the IASB in proposing several changes to ease the implementation of IFRS 17, the new accounting standard for insurance contracts, some in the industry believe more needs to be done. Cintia Cheong rounds up the latest developments on IFRS 17 and the outstanding issues until its launch