New rules to have far reaching implications for regional insurers International Financial Reporting Standards (IFRS) 17, the new accounting standard for insurance contracts issued by the International ...

According to Kurt Lewin’s Change Management Model: Understanding the Three Stages of Change, the change process includes three steps: unfreezing, change, and freezing. Unfreezing is overcoming a ...

The new insurance contracts standard, IFRS 17, was effective from January 1 this year. This standard applies to any organisation that issues insurance contracts regardless of whether it is an ...

Moody’s Analytics has added new accounting and reinsurance capabilities to their RiskIntegrity IFRS 17 solution. These new features are intended to help insurers and reinsurers meet the stringent ...

The International Accounting Standard Board (IASB or Board) issued the new Insurance Accounting Standard, IFRS 17 Insurance Contracts (the Standard) on May 18, 2017, with an original effective date ...

HONG KONG and SHANGHAI, July 19, 2023 /PRNewswire/ -- Ping An Insurance (Group) Company of China, Ltd. ("Ping An" or the "Group", HKEx:2318; SSE:601318) has released the IFRS 17 update, and provided ...

Previous Hollardite writers have educated us on various insurances. This topic will add to our learnings but may seem complicated at first glance. Let’s talk about IFRS. I’ll start by breaking it down ...