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FIS boosts Prophet's IFRS 17 capabilities

Q3 update adds functionality to support PAA approach

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Efrag makes preliminary call on IFRS 17 issues and timeline

The EU accounting standards advisory body has acknowledged the "very challenging" implementation timelines for IFRS 17 and shared its thoughts on other potential problems with the incoming standard for insurance contracts. Cintia Cheong and Christopher Cundy report

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Nine out of 10 confident to meet IFRS 17 deadline, survey finds

One third of insurers to spend at least €50m on complying with the accounting standard, says Deloitte

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Efrag decision will influence global IFRS 17 deadline

Opinions of EU will have global repercussions, says ABI assistant director

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IFRS 17 is complex but necessary – A.M. Best

The new accounting standard will increase volatility in insurers’ results

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CFOs highlight IFRS 17 threat to traditional reinsurance

Mismatch of recognition will impact profits

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

Stakeholder poll also reveals no worries over volatility of financial figures

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IFRS 17: most UK insurers have completed impact analysis

But German firms are slightly ahead of the curve

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IFRS 17 earnings recognition: challenges, opportunities and innovations

Luca Tres and Adam Robinson discuss IFRS 17 and its earning recognition criteria from a capital markets and insurance practitioner's perspective, and consider the challenges and the opportunities this presents