The implementation of International Financial Reporting Standard (IFRS) 17 – the global standard that will replace IFRS 4 – represents the biggest change to the insurance industry for more than a ...

FIS has won the award for best IFRS 17 solution of the year for the second year in a row. It impressed judges with the supercharging of its FIS Insurance Risk Suite, ahead of the rollout of new ...

This follows the company's recent adoption of the IFRS 17 Insurance Contracts standard, replacing the previously applied IFRS 4 standard. According to the review conducted by the management, the Group ...

Set to reboot the insurance industry, the reconfigured IFRS 17 (International Financial Reporting Standard), issued by the International Accounting Standards Board in May 2017, will standardise the ...

MANILA, Philippines - Professional services firm SGV & Co. will conduct two half-day seminars on International Financial Reporting Standards (IFRS) starting July 4 at the Washington SyCip Development ...

ZIMBABWE's accounting professionals have warned that insurance product pricing and business models may change with the adoption of International Financial Reporting Standard (IFRS 17), a global ...

While a new key performance indicator (KPI) under IFRS 17 was intended to replicate the well-known combined ratio, this equivalence might not hold true in practice when all components and complexities ...

The Insurance and Pensions Commission (Ipec) has given funeral assurers until September to comply with the International Financial Reporting Standard 17 (IFRS 17) implementation or face consequences, ...

KPMG in Qatar recently hosted an insightful IFRS 17 workshop for the insurance professionals, offering insights and strategies to navigate the complexities of this essential accounting standard. The ...