Global IFRS Insurance Survey 2018
2021 countdown underway: Insurers prepare for IFRS 17 implementation
A year after the publication of IFRS 17 Insurance Contracts (IFRS 17), and with just over two years until its mandatory effective date of 1 January 2021, how are global insurers preparing to operate under the new financial reporting regime?
The measurement of reinsurance contracts under IFRS 17
IFRS 17 Insurance Contracts
In this article, we consider the key differences between the treatment of direct business and reinsurance business under IFRS 17, and highlight some of the challenges faced by insurers in modelling reinsurance contracts under the new standard.