Documents and articles about IFRS 17
By Jason Contant | April 29, 2021
As the transition date for the new insurance accounting standard IFRS 17 approaches in January 2022, insurers are split on whether or not to use dedicated staff for implementation.Read More »How insurers are faring as IFRS 17 transition looms
KPMG | July 29, 2020
Among the new and updated requirements in the revised version of IFRS 17 Insurance Contracts is the new effective date of 1 January 2023. For many, there is still a lot of work to do.Read More »First Impressions: 2020 Edition
By Pat Sweet | Accountancy Daily | March 19, 2020
The International Accounting Standards Board (IASB) has announced a further one-year deferment of the implementation date for IFRS 17 Insurance Contracts, so the effective date for the standard will now be 2023
The board has also decided to extend the exemption currently in place for some insurers regarding the application of IFRS 9 Financial Instruments to enable them to implement both IFRS 9 and IFRS 17 at the same time.Read More »Additional postponement for IFRS 17 insurance contracts
By Luke Gallin | Reinsurance News | March 17, 2020
The International Accounting Standards Board (IASB) has voted to defer the effective date of IFRS 17 insurance contracts to January 1st, 2023.Read More »Industry players welcome IFRS 17 effective date deferral
Chris Seekings | The Actuary | July 31, 2018
Insurers face a significant challenge ensuring they do not introduce “artificial noise” or volatility into their financial reporting under the incoming accounting standard IFRS 17.Read More »Insurers warn of ‘volatile’ financial reporting arising from IFRS 17
EY | July 31, 2018
EY released a new EY IFRS 17 publication 
IFRS 17 – How the insurance industry is assessing and adopting the standard. This 90-page paper is compiled by EY Germany and contains essays on IFRS 17 contributed by European insurance companies including Allianz, AXA, Generali, Munich Re, and Talanx. They shared their insights on their own implementation journeys, which was supplemented by articles from EY with a consultancy’s perspective.Read More »IFRS 17 — How the insurance industry is assessing and adopting the standard
EY | July 2, 2018
IFRS 17 Insurance Contracts (IFRS 17 or the standard) represents a fundamental change to accounting practice for most entities issuing insurance contracts and is expected to require significant implementation effort.Read More »IASB proposes narrow-scope amendments to IFRS 17 Insurance Contracts
Darryl Wagner and Hui Shan | SOA | June 30, 2018
This article introduces where the IFRS17 General Measurement Model differs from US GAAP conceptually, and key aspects of this paradigm shift from an actuary’s perspective.Read More »IFRS 17 – A Paradigm Shift for U.S. Actuaries
EY | May 11, 2018
IFRS 17 Insurance Contracts (IFRS 17 or the standard) represents a fundamental change to accounting practice for most entities issuing insurance contracts and is expected to require significant implementation effort.Read More »EY: Second technical discussion of the IASB’s IFRS 17 Transition Resource Group (TRG)
Chris Seekings | The Actuary | May 9, 2018
The overwhelming majority of UK insurers believe the incoming reporting standard IFRS 17 will be more costly than the Solvency II directive, new research has found.Read More »IFRS 17 to be more costly than Solvency II