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IFRS 17

Deloitte announcement on IFRS17

On 18 May 2017 the International Accounting Standards Board (IASB) published IFRS 17 Insurance Contracts. The effective date for IFRS 17 is set for 1 January 2021.

What is IFRS 17?

IFRS 17 replaces IFRS 4, which was brought in as an interim Standard in 2004. IFRS 17 includes the first comprehensive set of accounting requirements for insurance contracts designed to achieve consistent, principle-based application across all entities applying IFRS. It aims to remove the non-uniform accounting policies allowed to be used under IFRS 4. IFRS 17 solves the comparison problems created by IFRS 4 by requiring all insurance contracts to be accounted for in a consistent manner, benefiting both investors and insurance companies.

IFRS 17 services

Deloitte is ready to assist you throughout the next three and a half years to implement IFRS 17. The key task right now is to make the appropriate implementation decisions. Find out more on IFRS 17 and how we can help you.

Live Webcast

In addition, we will launch a series of webcasts and articles to help explain IFRS 17 implementation covering all dimensions in your organisation. The first webcast of this series will be presented at various times on Thursday, 25 May and Friday 26 May. During the presentation, Francesco Nagari, Deloitte's Global IFRS Insurance Leader, will provide you with an overview of the new standard.  Please find joining details below. You may also visit this page for further details.

You may dial into the presentation at any time from any location. Please choose the webcast most convenient for you.

Click one of the following meeting links or enter it into your browser. Depending on your computer's software, you may be required to dial in separately from the presentation.

Thursday 25 May

Asia Pacific  1.00 p.m. (HKT)

Join online:

https://meet.deloitte.com.hk/niaston/TN0FZVD9

Join by phone:

Dial in: Find a local number

Conference ID: 97165726908

 

Europe, Middle East & Africa  9.30 a.m. (BST)

Join online:

https://meet.deloitte.com.hk/niaston/CMTFLJBM

Join by phone:

Dial in: Find a local number

Conference ID: 81086837019

 

Americas  9.30 a.m. (EDT)

Join online:

https://meet.deloitte.com.hk/niaston/FMP3VVR9

Join by phone:

Dial in: Find a local number

Conference ID: 38326837019

 

 

Friday 26 May

Europe, Middle East & Africa  9.30 a.m. (BST)

Join online:

https://meet.deloitte.com.hk/niaston/2ZK0GZTR

Join by phone:

Dial in: Find a local number

Conference ID: 52921271453

 

To ensure there are no system issues, we recommend that you try to access the link below in advance of the meeting. You can do that at any time before the presentation starts.

Is this your first Skype for Business meeting? Click here for help.

Note: Joining links and dial-in numbers are different from previous IFRS Insurance webcasts.

The webcast will be presented live at the following local times:

Thursday 25 May:
1:00 p.m. HKT
9:30 a.m. BST | 4.30 p.m. HKT
9:30 a.m. EDT | 2.30 p.m. BST

Friday 26 May:
9.30 a.m. BST | 4.30 p.m. HKT

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