"Be careful what you wish for" on IFRS 17 flexibility, says IASB

Aegon representative points to potential for wildly different interpretation of product classes


IFRS 17 could cost UK up to £2bn

New standard for Europe will be 'considerably higher', says Prudential's CFO


IFRS 17 compliance: a task comparable with Solvency II?

IFRS 17 has been described as a "landmark shift" in insurer accounting and some are saying that implementation could require more work than was needed for Solvency II. InsuranceERM gets the lowdown from the industry on what it means for the sector


IFRS 17 publication delayed, transition group planned

"Minor issues" to be dealt with at February meeting


IFRS 17: the new cloud on the horizon

Could IFRS 17 be even more burdensome and costly than Solvency II? A final text is due to be published in March and insurers are looking for fundamental changes – otherwise some will face a long and expensive path to compliance. Sarfraz Thind reports


Taking some pain out of IFRS 4

The overlaps in terms of data requirements, processes and modelling between the new insurance accounting standard IFRS 4 and Solvency II are considerable and should give some cheer to insurers, argue KPMG's Danny Clark, Peter Ott and Viviane Leflaive


Costs to implement accounting standards soar

Predicted budget to meet IFRS standards is now $25m-50m