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Insurance Accounting Insights
Country in Focus
This publication series will provide a comparison between the IFRS 17 technical requirements and local country GAAP requirements and expected challenges of implementing IFRS 17 in various countries.
Implementing IFRS 17 in China
In preparation for the implementation of IFRS 17, this publication will provide a summary on:
- Differences between reporting under PRC GAAP and reporting under IFRS 17
- Expected key challenges as part of implementing IFRS 17 in China
Implementing IFRS 17 in South Africa
IFRS 17 Insurance Contracts, the new profit-reporting standard for insurance contracts, has finally been published, ending many years of discussion, debate and lobbying. This comes just after the industry has had to implement the requirements of the South African Solvency Assessment and Management (SAM) regime, and many stakeholders are asking “What next?”.