How prepared are emerging market insurers for IFRS 17?
By Oxford Business Group | 2022-07-13
– New international accounting standards to be implemented in January 2023
– While a positive step, their application could pose challenges for emerging markets
– Countries with more mature financial industries are better prepared for the transition
– In some cases, insurance companies rather than regulators are driving the change
As insurance companies prepare for the most significant change in global accounting standards in close to two decades, how well prepared are operators in emerging markets for the transition?Read More »How prepared are emerging market insurers for IFRS 17?