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 ...

PENSION funds and insurers lack sufficient software and finances to adopt the International Financial Reporting Standard (IFRS) 17 insurance accounting principle, it has been revealed. Since last year ...

LONDON--(BUSINESS WIRE)--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 ...

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, ...

Deloitte has described the introduction of the International Financial Reporting Standard (IFRS 17) as one of the biggest recent changes to the insurance industry. According to the professional ...

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.

Several years ago, the P&C industry’s financial gurus rolled up their sleeves to figure out the new numbers in preparation for IFRS-17 reporting. MSA Research, which supplies the data for Canadian ...

– In some cases, insurance companies rather than regulators are driving the change As insurance companies prepare for the most significant change in global accounting standards in close to two decades ...

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has notified the adoption of the International Financial Reporting Standard (IFRS) 17 - Insurance ...