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"The costs of IFRS 17 are likely to outweigh the benefits"
30 January 2020Tony O'Riordan, chief financial officer of New Ireland Assurance, tells Ronan McCaughey how the company is implementing the new accounting standard, about the complexity it creates and why it will not solve any major issues for the company
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Questioning the value of IFRS 17
02 July 2019Irish insurance chief risk officers have expressed scepticism about the benefits of IFRS 17 and fear the principles-based nature of the insurance accounting standard will hamper consistency. Ronan McCaughey explains
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Ireland's insurers zero in on operational resilience
19 June 2019Operational resilience is fast becoming the watchword for Ireland's re/insurance market and the country's insurance regulator. Ronan McCaughey explains
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Irish insurance market strongly exposed to foreign risks
24 May 2019Insurance Risk Data reveals extent of Ireland’s insurance risk exposure to Italy and the UK
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IFRS 17 Conference: what have we learned?
12 March 2019The upcoming accounting standard for insurance contracts poses several challenges to the industry ranging from skills shortages to stakeholder engagement. On 27 February, experts convened at InsuranceERM's IFRS 17 Conference in London to discuss their approach to successful implementation. Cintia Cheong summarises the findings
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L&G piles on the profits as pension de-risking business blossoms
06 March 2019Investment management division hits £1trn in assets under management
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Insurers exchange ideas to improve engagement on IFRS 17
01 March 2019Skills shortage, getting different teams on board and managing communications are top issues
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Willis Towers Watson hires Underwood as consulting and software head
08 June 2017Alice Underwood to replace Michael Murphy, who moves to New Ireland Assurance
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L&G trebles bulk annuity business
05 March 2014More growth expected in bulk than individual annuity markets