IFRS 17 disclosures improvements needed: FRC
The Financial Reporting Council (FRC) calls for IFRS 17 disclosures improvements in its recently published IFRS 17 'Insurance Contracts' thematic ...
Tag: IFRS 17
IFRS 17 challenges: Disrupting business as usual
One of the major IFRS 17 challenges is that it’s disrupting business as usual for insurers. According to a WTW ...
IFRS 17 won't directly affect insurers' creditworthiness
IFRS 17 will change insurers' reported earnings and equity as it alters their profit recognition patterns and measurement of liabilities, ...
IFRS 17: Huge work required before delivery success
Insurers have reported that there is still a huge amount of work to complete in order to successfully deliver IFRS ...
EY Global IFRS 17 KPI survey
EY’s new survey explores changes to KPIs under IFRS 17 and recommends actions insurers should take now.
IFRS 17 cost estimated at US$15B to US$20B for insurers
The total IFRS cost faced by the global insurance sector to implement the standard is estimated to hit the range ...
IFRS 17: Final amendments are out now
After several months of re-deliberations, the International Accounting Standards Board (the Board) has published the final amendments to IFRS 17 ...
