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 ...

The Saudi Central Bank (SAMA) announced the formal adoption of International Financial Reporting Standard (IFRS 17) insurance contracts and International Financial Reporting Standard (IFRS 9) ...

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 ...

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 ...

The new insurance contracts standard, IFRS 17, was effective from January 1 this year. This standard applies to any organisation that issues insurance contracts regardless of whether it is an ...

The transition to the International Financial Reporting Standard 17 (IFRS 17), which affects insurance contracts, remains a challenge for firms as it is a radical departure from current accounting ...

– 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 ...

We raise our fair value estimate for Samsung Life Insurance 032830 slightly to KRW 76,000 from KRW 75,000 as we incorporate its disclosures on 8 March showing how new accounting standards affected its ...

Aviva plc ("Aviva" or the "Group") has released presentation slides and a video on its website, providing an update on the implementation of IFRS 17 and how this will apply to the Group. IFRS 17 is a ...