How to sell an IFRS 17 lemon

Andries Beukes and Pamela Hellig explains why a fair value loss component is improbable but not impossible under IFRS 17


Kerala floods set to hit insurers for over $140m

The monsoon is the worst to hit the state since 1924


Indian monsoon floods set to cost up to $3bn

Insured losses may also be substantial


Chinese authorities take over Anbang for at least 12 months

Authorities will conduct group restructuring and vow to protect customers


MBE launches tool to assess IFRS 17 impact

Shows how profits are likely to differ under new accounting standard


Compre snaps up legacy portfolio from Gjensidige

Transaction marks Compre's fifth deal of the year


The biggest barrier to actuarial system improvement is... actuaries?

As insurers prepare for another round of system adaptation and process review with the introduction of IFRS 17, Andries Beukes shares his experience in modernising actuarial systems and discusses what role actuaries have in the success – and failure – of transformation projects


MBE appoints Prophet expert

Rajjiv Fowdur joins from FIS


Lloyd's chief rules out Malta for EU subsidiary

Leaving single market means go ahead for contingency plans, says Inga Beale