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


Australian bushfires insured losses to hit at least A$50m

Many more claims are expected from the infernos in Queensland and New South Wales


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


Insurance donors hedge political bets in Australia

Allianz Australia is most generous, and even-handed, insurer as election year dawns


IAG mulls selling stake in Indian insurer

The Australian insurer is said to be in preliminary talks


IAG selects platform to model New Zealand earthquake risk

Australian insurer opts for RMS High Definition New Zealand Earthquake Model


'Big four' providers dominating Australian insurance market

And a report warns any competition in the sector is a misconception


IAG searches for new CRO

Clayton Whipp to retire next year


IAG hit harder than expected by Australasian catastrophes

Full-year results reveal A$822m nat cat bill


Insurers face up to $3.5bn bill from New Zealand earthquake

Government scheme will help alleviate residential losses