Recently we joined up with Deloitte to host an IFRS 17 round table event in Sydney. We were joined by finance leaders at seven insurers across the Life, General and Reinsurance space. The discussion was lively and touched on the wide range of...
Posted by Paul Newton
Yesterday, I had the pleasure of leading a panel discussion at the InsuranceERM IFRS 17 Event in London. Finance leaders from global insurers Aviva, Assicurazioni Generali SpA, Allianz, and Gjensidige Forsikring ASA joined me on the conference...
Posted by Andrea Herbert
There is no doubt about it - accounting subledgers are a hot topic of conversation in the world of insurers. And from what we have seen, it's IFRS 17 which is shining this new-found spotlight on subledgers and subledger strategy.
Posted by Sarah Werner
IFRS 17 is a new accounting paradigm for insurers requiring significant changes to accounting treatments. Unlike Solvency II and other insurance regulations before it, IFRS 17 compliance requires a much greater degree of collaboration between...
Posted by Sarah Werner
IFRS 17, and now it's FASB counterpart, ASC 944, continues to be a hot topic of discussion among insurers. We've pulled together a list of some recent content from the last few weeks in case you missed it.
Posted by Sarah Werner
If you work for an insurance company and you report under IFRS GAAP, you no doubt have seen the decision by the International Accounting Standards Board (IASB) to delay the implementation of IFRS 17 for one year to 1 January 2022.
Posted by Andrea Herbert
Two things to consider before adopting the Premium Allocation Approach under IFRS 17
Posted by Sarah Werner
We recently released our Global IFRS 17 Readiness Assessment (GIRA) Q3 survey results which revisits our base of insurers to see how IFRS 17 projects have progressed since the first report was released in January of 2018.
Posted by Andrea Herbert
Our IFRS 17 experts are frequently finding themselves in an industry debate over where the responsibility and resolution of IFRS 17 regulatory compliance sits…is it an actuarial issue? Or accounting?
Posted by Sarah Werner
The Power of Combined Minds
Like our previous roadshow events in Toronto & NYC, we welcomed a mix of finance leaders, accountants, actuaries, and advisors to discuss IFRS projects and considerations.