Jun 23, 2021 · IFRS 17 Insurance Contracts represents a complete overhaul of the accounting for insurance contracts. It will increase the transparency of insurers’ financial positions and …

IFRS 17 heralds the most significant transformation in insurance accounting practices in decades. The landmark regulation mandates extensive changes in measuring insurance contracts, but …

Applying IFRS 17 A closer look at the new Insurance Contracts Standard June 2021

More than 20 years in development, IFRS 17 represents a complete overhaul of accounting for insurance contracts. The new standard will increase the transparency of insurers’ financial …

IFRS 17 replaces IFRS 4 and sets out principles for the recognition, measurement, presentation and disclosure of insurance contracts within the scope of IFRS 17.

The new IFRS 17 establishes a uniform set of recognition and measurement regulations across the entire insurance sector. Moreover, the new accounting rules are designed to avoid

With the IASB announcing a proposed one-year delay to the implementation date of IFRS 17 (and IFRS 9), and also proposing to make some limited changes to its requirements, insurers are …

May 20, 2020 · IFRS 17 for seven sweep issues What you need to know At its meeting on 20 May 2020, the IASB discussed seven “sweep issues” identified during the balloting process for …

We selected a panel of 30 listed insurers that apply IFRS as the accounting framework in their consolidated financial statements. For these groups, we analyzed the disclosures included in …

EY is already supporting many insurers across the globe in implementing IFRS 17 and we can see that the industry faces tough challenges in understanding the operational impacts on data, …