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Efrag makes preliminary call on IFRS 17 issues and timeline
26 July 2018The EU accounting standards advisory body has acknowledged the "very challenging" implementation timelines for IFRS 17 and shared its thoughts on other potential problems with the incoming standard for insurance contracts. Cintia Cheong and Christopher Cundy report
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Munich Re appoints CFO as Jörg Schneider retires
17 July 2018Ergo's Christoph Jurecka replaces Schneider in 2019
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CFOs highlight IFRS 17 threat to traditional reinsurance
05 July 2018Mismatch of recognition will impact profits
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Munich Re P&C reinsurance stumbles to loss but group posts meagre profit
06 February 2018January renewals offered 0.8% price rises after 0.5% decline in 2017
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Implementing IFRS 17 will cost Munich Re "triple-digit millions"
04 December 2017CFO Jörg Schneider says introduction should be postponed
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Munich Re expects $3.2bn cost from trio of hurricanes
26 October 2017German group still on track for "small profit" in 2017
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Munich Re's solvency ratio remains high despite rising market risk
15 March 2017Change in UK's Ogden rate has no material impact
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Low rates prompt Munich Re to use Solvency II transitionals
09 November 2016Despite "comfortable" group solvency ratio of 250%
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Internal model change eats into Munich Re's Solvency II capital
09 August 2016Adds to adverse impact of falling interest rates