The technology implications of the IFRS 17
Moody’s Analytics Trevor Howes explores how insurers are studying the new IFRS 17 – Insurance Contracts and how successful implementation will depend on the cloud
May 16, 2019 | The Record
The International Financial Reporting Standard (IFRS) 17, which was published in May 2017 after more than a decade of discussion and debate, will dramatically change the financial reporting processes of insurers. Yet many insurers are still wrestling with the challenges of its implementation.