The International Accounting Standards Board voted to propose a one-year delay on the effective date of the new insurance contracts standard, so it will take effect in 2022 instead of 2021. Processing ...

‘IFRS 17 implementation’ll boost perception of insurance’ By Rosemary Iwunze Leadway Assurance Company Limited has said that investors as well as shareholders of insurance companies are set to ...

Effective January 1, 2023, insurance companies entered a new financial reporting standard known as International Financial Reporting Standard 17 (IFRS 17). Fundamentally, the standard changes ...

New accounting standards could complicate estate planning. The headaches International Financial Reporting Standards have created for accountants will pale in comparison to the impact it will have on ...

ZIMBABWE's accounting professionals have warned that insurance product pricing and business models may change with the adoption of International Financial Reporting Standard (IFRS 17), a global ...

International rating agency Fitch Ratings has said that the implementation of IFRS 17 has been a significant step towards increasing transparency and comparability in insurers’ financial statements.

The Institute of Chartered Accountants of Pakistan (ICAP) held a seminar in collaboration with the Asian Oceanian Standard Setters Group, on IFRS 17 implementation in Karachi on April 23, 2024.

KPMG in Qatar recently hosted an insightful IFRS 17 workshop for the insurance professionals, offering insights and strategies to navigate the complexities of this essential accounting standard. The ...

We call on the insurance industry to ensure that at least two or three insurance companies make it to the voluntary phase of adoption going by the adoption roadmap. ...we are at the voluntary phase of ...

Deloitte Middle East held an awareness session on IFRS 17 – Insurance Contracts in Dubai in December 2017. This session was hosted by Deloitte’s IFRS 17 leaders who have been actively involved in ...

The International Accounting Standards Board has issued its long-awaited standard for insurance contracts after more than a dozen years, requiring a consistent treatment for all types of insurance ...