Archive

GIRO 2024: Actuaries debate if AI will make reserving obsolete

The conference hears spirited arguments on whether automation will transform or merely enhance reserving processes

Ex-CRO William Diffey joins BDO UK in director role

UK GAAP could be aligned with IFRS 17 by the early 2030s

BDO's Mark Spencer says firms can begin preparing now for change in accounting standard

BDO UK recruits Graham Handy to lead its insurance advisory business

IFRS 17 preparers and auditors sprint for the finish line

With both insurers and auditors still learning about the new insurance contracts accounting standard, tensions are running high as reporting deadlines near. Christopher Cundy reports

IFRS 17: still waiting for disclosures

The IFRS 17 accounting standard is due to be implemented in five months' time, but many insurers are leaving it until the eleventh hour to reveal what impact the transition will have on their financial metrics. Christopher Cundy and Paul Walsh report

IASB approves fix to IFRS 17/9 mismatches

Consultation expected around end of July

BDO fined and reprimanded for AmTrust audit failings

Breaches were not intentional, says FRC

The dual challenge of implementing IFRS 17 and IFRS 9

Insurers across the world whose accounting practices are based on IFRS principles are busy preparing for the most radical shakeup for a generation. Cintia Cheong explains the basics behind those changes and how the industry is preparing

BDO hires head of actuarial from LCP

Robert Murray will work with non-life re/insurers