The Saudi Central Bank (SAMA) announced the formal adoption of International Financial Reporting Standard (IFRS 17) insurance contracts and International Financial Reporting Standard (IFRS 9) ...

KBC discloses the impact of IFRS 17 on the income statement with restated comparative results, key ratios and short-term and long-term financial guidance As a consequence of the IFRS 17 implementation ...

Deloitte has described the introduction of the International Financial Reporting Standard (IFRS 17) as one of the biggest recent changes to the insurance industry. According to the professional ...

The transition to the International Financial Reporting Standard 17 (IFRS 17), which affects insurance contracts, remains a challenge for firms as it is a radical departure from current accounting ...

Nevina Kishun and Benny Chan take a comprehensive look at some of the KPIs in the IFRS 17 insurance accounting standard. November 15, 2024 It’s been nearly two years since the IFRS 17 insurance ...

– 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 ...

Aviva plc ("Aviva" or the "Group") has released presentation slides and a video on its website, providing an update on the implementation of IFRS 17 and how this will apply to the Group. IFRS 17 is a ...