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"
Oscar Kitasoboka, chief actuary at the UAE Insurance Authority, talks to Cintia Cheong about the IFRS 17 challenges facing the country's insurers in comparison to other regions
IFRS 9 for insurers will also be further delayed to avoid mismatches
EU's accounting advisors plan to write to IASB this week
Complying with the IFRS 17 insurance contracts accounting standard is hard work, especially for firms writing long-term contracts. Pamela Hellig discusses the potential for the premium allocation approach to relieve the pressure
One year later than previous recommendation
Willis Towers Watson says redeliberations have resulted in minor changes to the accounting standard
"There are various areas where we can find an interaction between IFRS 17 and Solvency II, starting with processes, system and data"
One of the biggest challenges for insurers implementing the IFRS 17 accounting standard is creating a seamless and robust system that takes in all the relevant information and produces the required numbers, as Chubb's head of IFRS 17 implementation in 25 countries explains to Cintia Cheong