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ICS 2.0 issues must be dealt with before November, says Insurance Europe
The European trade body has called for the ICS framework to be stabilised
Korean non-life insurers may reduce offering of long-term products under IFRS 17
Non-life firms also in better position to handle K-ICS, says AM Best
China becomes AIA's fastest growing market
AIA's CEO also condemns violence from Hong Kong protests
First five years of ICS will be for observation, not prescription
IAIS says International Capital Standard is not a capital-raising exercise, but questions remain
China extends preferential treatment to Hong Kong reinsurers
Deal helps position Hong Kong as a risk management centre, says Insurance Authority
NAIC reiterates anti-ICS position
Cioppa defends US insurance regulatory system against untested Solvency II
Why South Korea leads the way on IFRS 17
South Korea has pioneered the adoption of the new accounting standard for insurance contracts, as well as coping with preparations for a new capital standard at the same time. Martin Sarjeant explains how
International capital standards: the US's chorus of disapproval
Development of the global insurance capital standard (ICS) has always been controversial. But the level of ire expressed by the US government, regulators and insurers at this week's NAIC conference was unprecedented. Sarfraz Thind reports
Baloise reveals impact from SST standard model changes
Changes to life liabilities valuation and market risk calibrations hit solvency figure
Korean life insurers press for longer IFRS 17 delay - UPDATED
Firms need more time to prepare for the regulatory change