News

As more insurance markets transition to the IFRS 17 accounting standard, a new AM Best commentary addresses frequently asked questions about the ratin ...
The International Accounting Standards Board introduced update proposals for the IFRS for SMEs accounting standard for small and medium-sized entities.
The SIP has been updated primarily to reflect the adoption of IFRS 17 "insurance contracts" and IFRS 9 "financial instruments" effective January 1, 2023.
The International Accounting Standards Board issued a set of amendments to IFRS 19 Subsidiaries without Public Accountability ...
No-moat-rated Sun Life Financial reported a decent set of numbers to start the year and transitioned to IFRS 17 financial reporting standard.
Malayan Insurance became one of the first in the Philippines to achieve full IFRS 17 readiness using SAS.
"Looking forwards, we expect the adoption of IFRS 17 to result in a more stable and predictable operating profit profile for L&G," it added. (Reporting By Sinead Cruise, editing by Andres Gonzalez) ...
The Best’ s Market Segment Report,“ World’ s 50 Largest Reinsurers,” is a highly recognized part of AM Best’ s overall look at the global reinsurance industry ahead of the Rendez-Vous de Septembre in ...
IFRS 17 requires insurance liabilities to be valued using market-consistent interest rates, which reveals an insurer’s capital sensitivity to interest rate movements more transparently than the ...
AM Best will participate on two panel discussion at the fourth annual IFRS 17 Conference, hosted by InsuranceERM, to be held virtually on 31 March 202 ...
"Looking forwards, we expect the adoption of IFRS 17 to result in a more stable and predictable operating profit profile for L&G," it added.