Archive

• Implementing IFRS 17 discount curves: theoretical and practical challenges

  30 July 2019

  Insurers will have to develop their own assumptions around discount rates under IFRS 17, which will re-open some old debates around incorporating the illiquidity premium. Steven Morrison explains.

• Figuring out profit emergence under IFRS 9 and IFRS 17

  13 June 2019

  Gavin Conn and Steven Morrison examine how the choice of liability discount rate affects the expected profit emergence and earnings volatility under IFRS 9 and IFRS 17

• Profit emergence under IFRS 17: The Variable Fee Approach

  13 November 2018

  Steven Morrison continues his series on profit emergence under IFRS 17 by considering financial risk and its impact on contracts with participation features – with a focus on the differences between the VFA and general measurement model, and the impact of risk mitigation