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 ...

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 ...

Major changes are expected under the new IFRS 17 regime – insurance companies must make efforts to comprehend and communicate the full impact of changes to profit emergence under different scenarios, ...

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 ...

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 ...

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, ...

The reinsurer reported $36.2b of reinsurance revenue at end-2024. Swiss Re has moved to the top of AM Best’s ranking of reinsurers reporting under IFRS 17, shifting positions amongst the world’s ...

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

Far-reaching switch in insurers’ financial reporting will mean higher capital ratios While UAE insurers need to allocate higher capital reserves, it will be well worth the effort. The IFRS 17 adoption ...

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 ...