The insurance industry has undergone and continues to undergo a major transformation with the implementation of IFRS 17, the global standard for insurance contracts accounting. This blog breaks down ...

Second Aptitude Software survey shows industry progress in last 9 months, although target implementation dates slip as insurers work through data, systems and operational accounting challenges. A new ...

OLDWICK, N.J.--(BUSINESS WIRE)--AM Best has published its response to comments received from market participants in the insurance industry and other interested parties on the application of Best’s ...

Swiss Re’s adoption of IFRS 17 has resulted in some shifts atop AM Best’s rankings of the world’s largest reinsurers, which differ based on accounting standards. The Best’s Market Segment Report, ...

PathWise allows businesses to model assets, liabilities, and scenario generators at the same time, thereby providing a complete solution for the managing and reporting of complex financial and ...

Interplay between the economic and accounting impact of new International Financial Reporting Standards (IFRS 17 Insurance Contracts and IFRS 9 Financial Instruments) is challenging the asset and ...

LONDON, Nov. 24, 2020 /PRNewswire/ -- Aon plc (NYSE: AON), a leading global professional services firm providing a broad range of risk, retirement and health solutions, today announces that ...

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 ...

International rating agency Fitch Ratings has said that the implementation of IFRS 17 has been a significant step towards increasing transparency and comparability in insurers’ financial statements.

J.B. Maverick is an active trader, commodity futures broker, and stock market analyst 17+ years of experience, in addition to 10+ years of experience as a finance writer and book editor. Accounting ...