IFRS 17
News
Thai life insurer signs up FIS for IFRS 17
It marks the vendor's second IFRS 17 collaboration with a Thai insurer in the past two months
Moody's Analytics secures BNP Paribas Cardif partnership for IFRS 17
The French insurer will use RiskIntegrity
Canadian actuaries to review impact of IFRS 17 on standards of practice
Consultation on changes expected in H1 2020
Taiwan's new death benefits rules will help stabilise insurer profits
Rating agency Moody's says regulatory changes are good news for life insurers
Major accounting changes will dominate insurers' priorities in 2020
The changes include IFRS 17 and IFRS 9, as well as LDTI and CECL changes to US GAAP
Thai insurer chooses FIS to implement IFRS 17
FIS's Prophet helps Ocean Life replace its legacy actuarial software
Insurers seek multiple vendor solutions for IFRS 17
PwC's Richard Hart queries whether there is a solution to cover all bases
IASB reforms IFRS 17 treatment of reinsurance after industry complaints
Board members agree unanimously on change of scope following consultation feedback
US insurers in better place to meet LDTI
Deadline extension has helped but work required to meet daunting change, Deloitte says
Willis Towers Watson rolls out IFRS 17 software
ResQ Financial Reporter aims to help P&C insurers implement the new insurance accounting standard
Analysis
IFRS 17: twists and turns in the home straight
Cintia Cheong examines stakeholders' preliminary views of the IASB's redeliberations and previews the final stages of development of the insurance contracts accounting standard
The devil in the IFRS 17 detail of reinsurance indexation clauses
The wording used in reinsurance contracts could lead to a bumpy transition from IFRS 4 to IFRS 17. Vasilka Bangeova explains how one contract clause - indexation - might trip re/insurers up
Talanx RoE will be lower under IFRS 17 and 9, CFO warns
Understanding the impact of IFRS 9 and 17 is a key focus for insurers currently. German insurance group Talanx has shed light on the issue by warning its return on equity will be lower under IFRS 9 and 17. Cintia Cheong explains
The dual challenge of implementing IFRS 17 and IFRS 9
Insurers across the world whose accounting practices are based on IFRS principles are busy preparing for the most radical shakeup for a generation. Cintia Cheong explains the basics behind those changes and how the industry is preparing
IFRS 17: what insurers dislike from the final consultation
The treatment of reinsurance accounting under IFRS 17 appears to be the most consistent complaint from re/insurers, but deciding when the standard should take effect continues to generate disagreements among stakeholders. Cintia Cheong reports
The technology trends in risk and capital management
As re/insurers look to implement IFRS 17, manage cyber risk and drive modelling efficiencies, software vendors are gearing up to respond. Cloud and process automation solutions also figure highly in this year's InsuranceERM Technology Guide, introduced by Ronan McCaughey