IFRS 17

News

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

Swiss Re to adopt IFRS consolidated reporting from 2024

The reinsurer also praised the fact that IFRS 17 will deliver comparability

Hong Kong insurers urge delay in IFRS 17 to 2023

Hong Kong Federation of Insurers reveals it wrote to accounting body

Expect a greater need for reinsurance under IFRS 17

IFoA Life Conference in Dublin examines how reinsurance solutions may develop under IFRS 17

Ten steps on how to win an InsuranceERM Award

Deadline for entries is Friday 13 December

IASB confirms plans to discuss criticisms of IFRS 17 and 9

Discussion on implementation date and annual cohorts among topics to be redeliberated

Moody's changes 2020 outlook for European insurers to negative

It said this reflects the growing profitability and solvency pressures insurers face

Middle East insurers raise concerns over IFRS 17

The issues were raised at an IFRS 17 seminar hosted by software vendor FIS in Dubai

IFRS 17 delay on the table in IASB discussion plan

But removal of comparative information is unlikely

Analysis

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

What's on the horizon for Bermuda's re/insurance market

Deloitte’s Gokul Sudarsana talks to Christopher Cundy about his thoughts on some of the trends and challenges that face Bermuda's insurance market

Scor's Frieder Knüpling: everything starts with the risk function

The chief risk officer of Scor tells Cintia Cheong how the risk function has helped the company deliver its strategic plan and how the French reinsurer plans to implement IFRS 17