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 ...

A European body of comprehensive and uniform regulations on solvency capital and investors’ reporting applicable to the largest insurance market in the world: this is the historical target that the ...

In February, the Securities and Exchange Commission issued a Commission Statement in which it made it clear that it believed that a single set of high-quality globally accepted accounting standards ...

THE current Philippine insurance accounting standard is the Philippine Financial Reporting Standard (PFRS) 4, which was adopted from IFRS 4 (Insurance Contracts) issued by the International Accounting ...

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 ...

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 ...

Just Group plc ("Just", the "Group") has today made presentation slides available on the Group's website www.justgroupplc.co.uk, and below, provides a restatement of its financial results for the year ...

For Canada’s P&C insurance industry, IFRS 17 is ushering in an era in which people must understand how to speak multiple languages. But for an industry that used to know what COR meant, the old order ...

HONG KONG and SHANGHAI, July 19, 2023 /PRNewswire/ -- Ping An Insurance (Group) Company of China, Ltd. ("Ping An" or the "Group", HKEx:2318; SSE:601318) has released the IFRS 17 update, and provided ...

HSBC Holdings plc (together with its subsidiaries, 'the Group') will hold an event today where it will outline the expected implications of the implementation of IFRS 17 'Insurance Contracts' on its ...