Archive

  • IFRS 18 accounting standard to reshape financial performance reporting

    31 October 2024

    New rules set to take effect in 2027, but won't be as disruptive for insurers as IFRS 17. Christopher Cundy and Ronan McCaughey report

  • IFRS 17 results comparison remains complex, finds WTW global analysis

    02 July 2024

    Insurers have spent $20bn implementing the insurance contracts accounting standard

  • IFRS 17 implementation challenges yet to be overcome, says WTW

    28 September 2023

    Expenditure on the accounting standard is creeping up

  • IFRS 17: where is the value, and was it worth it?

    06 April 2023

    The new insurance contracts accounting standard is costing billions to implement, but has it been worthwhile? Experts at InsuranceERM's IFRS 17 conference addressed this question, as Joshua Geer reports

  • UK industry in no rush to align UK GAAP with IFRS 17

    04 April 2023

    New accounting standard is only just beginning to be understood

  • Reviewing the initial IFRS 17 disclosures

    23 March 2023

    With less than two months until the first insurers begin reporting under the IFRS 17 accounting standard, Christopher Cundy talks to WTW's Kamran Foroughi about what picture is emerging

  • Insurers still face huge IFRS 17 workload and up to $24bn bill

    16 June 2022

    WTW says shortcuts and simplifications needed to implement the standard on time

  • IFRS 17 implementation to cost up to $20bn globally

    07 June 2021

    WTW's survey reveals insurers are doubtful of reporting benefits

  • How much is IFRS 17 costing the insurance industry?

    19 May 2021

    Insurers are 19 months away from having to implement the new contract accounting standard and it is already costing them more than anticipated. Cintia Cheong finds out why

  • IASB launches consultation on IFRS 17 amendments

    26 June 2019

    Standards board will organise stakeholder events to supplement consultation