IFRS 17
News
Efrag avoids discussion on IFRS 17 implementation timelines
TEG members reluctant to vote on remaining issues
IFRS 17 presents data integration challenge "more than anything else"
No one-size-fits-all solution for upgrading technology, Deloitte expert says
FIS boosts Prophet's IFRS 17 capabilities
Q3 update adds functionality to support PAA approach
Get your free listing in InsuranceERM's Technology Guide
The premier database of tools for managing risk and capital
Nine out of 10 confident to meet IFRS 17 deadline, survey finds
One third of insurers to spend at least €50m on complying with the accounting standard, says Deloitte
Efrag decision will influence global IFRS 17 deadline
IFRS 17 is complex but necessary – A.M. Best
CFOs highlight IFRS 17 threat to traditional reinsurance
IFRS 17 implementation costs average €160m per insurer, say CFOs
IFRS 17: most UK insurers have completed impact analysis
WTW updates ResQ to prepare for IFRS 17
Efrag to consider extension to IFRS 17 consultation
Analysis
Efrag makes preliminary call on IFRS 17 issues and timeline
The EU accounting standards advisory body has acknowledged the "very challenging" implementation timelines for IFRS 17 and shared its thoughts on other potential problems with the incoming standard for insurance contracts. Cintia Cheong and Christopher Cundy report
IFRS 17 earnings recognition: challenges, opportunities and innovations
Luca Tres and Adam Robinson discuss IFRS 17 and its earning recognition criteria from a capital markets and insurance practitioner's perspective, and consider the challenges and the opportunities this presents
Mapfre's Antonio Huertas: there should be one global capital regime
Mapfre's chief executive tells Cintia Cheong about the challenges and risks at the top of the Spanish insurer's agenda, including underinsurance, Solvency II and IFRS 17
The challenge of constructing IFRS 17 discount rates
Nick Jessop discusses the permitted approaches for constructing insurance contract discount rates under the IFRS 17.
Risk and actuarial recruitment: boom time again
Wages in actuarial and risk management roles are going up, in large part because of the opportunities created by IFRS 17, the new insurance contracts accounting standard. Cintia Cheong reports
IFRS 17 throws down technology challenge to insurers
There is no single technology vendor offering a solution to the recently announced accounting standard, IFRS 17, and several parts will have to be custom built, according to PwC's Richard Hart. He caught up with Christopher Cundy to talk about about the opportunities these challenges present and the strategies the industry is taking
