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October 19, 2018

EIOPA analyses the benefits of IFRS 17 Insurance Contracts

    Today, the European Insurance and Occupational Pensions Authority (EIOPA) published its analysis of IFRS 17 Insurance Contracts.

    EIOPA carried out the analysis in light of the upcoming implementation of IFRS 17 to foster a better understanding of the implications and potential impacts of the standard on European insurance and reinsurance undertakings as well as to provide insights into the future interplay between insurers’ financial and prudential reporting.

    Read More »EIOPA analyses the benefits of IFRS 17 Insurance Contracts

    Insurers call for delay to IFRS 17

      Nine insurance organisations have written to the International Accounting Standards Board (IASB) calling for a two-year delay to the introduction of IFRS 17.

      By Chris Seekings | The Actuary

      In a letter addressed to the IASB’s chairman Hans Hoogervorst, the group warned of “serious operational constraints” on insurers’ ability to meet the 1 January 2021 implementation date.

      Read More »Insurers call for delay to IFRS 17