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
Moody's Analytics adds accounting and reinsurance capabilities to IFRS 17 tool
Enhancements are a result of client feedback
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