FIS has won the award for best IFRS 17 solution of the year for the second year in a row. It impressed judges with the supercharging of its FIS Insurance Risk Suite, ahead of the rollout of new ...

Interplay between the economic and accounting impact of new International Financial Reporting Standards (IFRS 17 Insurance Contracts and IFRS 9 Financial Instruments) is challenging the asset and ...

LONDON--(BUSINESS WIRE)--As more insurance markets transition to the IFRS 17 accounting standard, a new AM Best commentary addresses frequently asked questions about the rating agency’s treatment of ...

PENSION funds and insurers lack sufficient software and finances to adopt the International Financial Reporting Standard (IFRS) 17 insurance accounting principle, it has been revealed. Since last year ...

THE Insurance and Pensions Commission (Ipec) says insurance firms are still finding it difficult to comply with International Financial Reporting Standard 17 (IFRS 17) implementation requirements, ...

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.

IFRS 17 will change the presentation of company results in 2023 Q1, eliminating one standard property and casualty insurance financial metric completely, and subtly affecting how combined operating ...

Deloitte has described the introduction of the International Financial Reporting Standard (IFRS 17) as one of the biggest recent changes to the insurance industry. According to the professional ...

FIS wins the best IFRS 17 solution of the year in recognition of the FIS Insurance Risk Suite. With IFRS 17 standards for insurance contracts gaining ground in the industry, the FIS solution has ...