IFRS 17: A delay in the balance

Arguments are raging about whether implementation of the new insurance contracts accounting standard should be delayed. Cintia Cheong wraps up the latest developments in the long-running saga


ABI calls for 'minimum' two-year delay to IFRS 17 implementation

More time needed to deliver high quality financial reporting it is argued


IFRS 17 implementation costs average €160m per insurer, say CFOs

Stakeholder poll also reveals no worries over volatility of financial figures


The rise and fall of valuation methodologies

The arrival of Solvency II and revised guidance on embedded value methodologies has led to changes in the financial metrics that European insurers report – and not all of them are welcome. David Walker reports


IASB consults on temporary IFRS package for insurers

Insurers could face accounting mismatches and balance sheet volatility with implementation of financial instruments standard


Industry chiefs urge deferral of IFRS 9

Adoption before IFRS 4 Phase II would obscure insurers' financial statements


Insurers urge no reporting in Solvency II's preparation phase

Responses to Eiopa's consultation on the 2014-2016 preparation phase for Solvency II have come back with a strong message that the reporting is too burdensome and the ORSA should be stripped of its quantitative elements. Christopher Cundy reports


Matching adjustment proposals are "unnecessarily restrictive"

They should reflect the nature of the insurance business better, says Towers Watson


Talks on expected profits in future premiums deadlocked

Industry and supervisors on task force fail to agree


One step closer to the new world of regulatory reporting

Eiopa's public consultation on the level 3 guidelines and quantitative reporting templates (QRTs) for reporting and disclosure under Solvency II require a significant amount of data and at a detailed level of granularity, as Andrew Holland explains

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