Accounting/tax

Insurance Europe calls for repeal of the anti-tax avoidance directive

FRC says UK's IFRS 17 disclosures are "good" but could be improved

Liquidity risk disclosures should be developed, says regulator

Ageas reports "remarkable" H1 growth in non-life business

IFRS 17 tax issue in China dents life net operating result

IFRS 17 is "two steps forward, one step back" for insurance accounting

Updated standard removes asset-liability mismatch, but impedes comparability, says S&P

IFRS 17 results comparison remains complex, finds WTW global analysis

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

Prudential to return $2bn of capital after rating agencies clarify IFRS 17 position

Moody's confirms half of CSM included in leverage ratio

Monument Re slips to loss after quiet 2023

Bermudian life reinsurer and consolidator only completes one acquisition deal

Tax losses and accounting top claims for M&A insurers

More W&I insurance is being used despite lacklustre M&A activity

Late adjustments remain a pain point for IFRS 17 reporting

Most surveyed insurers say they are "not fully satisfied" with current reporting systems

Bermuda's insurers throw support behind "sensible" tax change

New 15% income tax will put country on level footing with rest of the world

Fitch revises financial ratio definitions for IFRS 17 and LDTI

Rating agency clarifies treatment of shareholders' equity, premium revenues and combined ratios

Inigo chooses Phinsys platform to automate financial reporting

CSRD will change the landscape of ESG data, say UNEP FI panellists

The value of regulation is also championed by the experts

South Korea's insurers to assess strategies following K-ICS implementation

Less than half of firms using transitional measures to ease introduction of capital rules

UK GAAP could be aligned with IFRS 17 by the early 2030s

BDO's Mark Spencer says firms can begin preparing now for change in accounting standard