Cintia Cheong charts the endorsement of the IFRS 17 insurance contracts accounting standard in 2020 and explains what happens next
European insurers fight to fix annual cohorts
Deadline for comments is 14 September
The deferral of implementation to 2023 and the reinsurance accounting changes are most welcomed by insurers. Cintia Cheong reports
The IASB has proposed several changes to the standard since October 2018
IASB's chair defends use of annual cohorts in ongoing saga
Fix the problem before IFRS 17 is finalised, says Efrag
"We will have certainty as to the final shape of IFRS 17 and it will allow people to move into the final implementation process"
IFRS 9 for insurers will also be further delayed to avoid mismatches
EU's accounting advisors plan to write to IASB this week