The transition to the International Financial Reporting Standard (IFRS) 17 – the new accounting standard for insurance contracts – has led to insurers undertaking an overhaul of their IT architectures ...

ARLINGTON, May 11, 2023-WTW (NASDAQ: WTW), a global advisory, broking, and solutions company, today announced the release of its new IFRS 17 based reporting solution, Financial Results Analyzer (FRA).

Financial authorities have decided to discontinue the application of the so-called "exceptional accounting" previously ...

As more insurance markets transition to the IFRS 17 accounting standard, a new AM Best commentary addresses frequently asked questions about the rating agency’s treatment of IFRS 17 data and clarifies ...

Over the past year, Canada’s P&C insurance industry has been reporting its financial results using the new IFRS-17 accounting standards. The outcome recalls the biblical story of the Tower of Babel.

LONDON, Nov. 24, 2020 /PRNewswire/ -- Aon plc (NYSE: AON), a leading global professional services firm providing a broad range of risk, retirement and health solutions, today announces that ...

The adoption of IFRS 17 results in significant accounting changes for SCOR. Any assessments, assumptions, estimates or expectations under or relating to IFRS 17 in this press release reflect SCOR's ...

8 May 2023 at 6.50 p.m. EET Aktia changes its segment reporting and publishes comparative figures after the implementation of the IFRS 17 standard In the future, Aktia will report the asset management ...

LONDON--(BUSINESS WIRE)--The International Accounting Standards Board (IASB) has been considering amendments to the published IFRS 17 accounting standard for insurance contracts. An exposure draft was ...

A financial target: an Economic Value growth rate under IFRS 17 of 700 basis points above the risk-free rate1 between December 31, 20222, and December 31, 2023, at constant interest and foreign ...