IFRS 17

News

Deloitte appoints Anne Driver as IFRS 17 GI leader

She joins from QBE and was a member of the IASB's IFRS 17 Transition Resource Group

Efrag approves IFRS 9 deadline postponement

Stakeholders have until 3 July to comment on endorsement

Final IFRS 17 expected on 25 June

The IASB has proposed several changes to the standard since October 2018

Korean insurer adopts FIS Prophet for IFRS 17 and business integration

FIS to help roll out IFRS 17 architecture for merged business

US to delay life accounting standard because of Covid-19 disruption

FASB agrees one-year deferral for adoption of LDTI

Covid-19 will delay Apac insurers' IFRS 17 programmes

PwC surveyed insurance executives across the Asia-Pacific region

Data is biggest challenge in IFRS 17 implementation

Experts comment on data, Covid-19 and the vendor market

Generali Hong Kong picks SAP for IFRS 17 transformation

Implementing SAP eliminates manual tasks, CFO says

Canadian reinsurer adopts Moody's Analytics IFRS 17 tool

Moody's announced at least three deals with Canadian insurers in 2019

Analysis

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

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

HKFI's Selina Lau: Covid-19 is a golden opportunity to educate the public

Selina Lau's first month as chief executive of the Hong Kong Federation of Insurers has been nothing if not busy. From the coronavirus to the opportunities of the Greater Bay Area initiative, while handling IFRS 17 and forthcoming risk-based capital rules, there is never a dull moment, she tells David Walker

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