Stefan De Lombaert, SAS: IFRS 17 is scheduled to be applied on or after January 1, 2022. It will have implications on financial disclosures and profound operational impacts on all aspects of the ...
FIS has won the award for best IFRS 17 solution of the year for the second year in a row. It impressed judges with the supercharging of its FIS Insurance Risk Suite, ahead of the rollout of new ...
Interplay between the economic and accounting impact of new International Financial Reporting Standards (IFRS 17 Insurance Contracts and IFRS 9 Financial Instruments) is challenging the asset and ...
Swiss Re’s adoption of IFRS 17 has resulted in some shifts atop AM Best’s rankings of the world’s largest reinsurers, which differ based on accounting standards. The Best’s Market Segment Report, ...
International rating agency Fitch Ratings has said that the implementation of IFRS 17 has been a significant step towards increasing transparency and comparability in insurers’ financial statements.
An insurance contract is defined as a “contract under which one party (the issuer) accepts significant insurance risk from another party (the policyholder) by agreeing to compensate the policyholder ...
LONDON, July 5 (Reuters) - Legal & General Group LGEN.L said on Wednesday its adoption of global accounting standard IFRS 17 would not alter its strategy, solvency or dividend plans, and it remained ...
THE Insurance and Pensions Commission (Ipec) says insurance firms are still finding it difficult to comply with International Financial Reporting Standard 17 (IFRS 17) implementation requirements, ...
ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has notified the adoption of the International Financial Reporting Standard (IFRS) 17 - Insurance ...
Henri Heinola, Senior Valuation Consultant at Globalview Advisors shares insights on the impact of IFRS 16 has on business valuations and outlines what accountants need to be aware of. IFRS 16 ...
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