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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