The recent adoption of International Financial Reporting Standard 17 (“IFRS 17”, “the Standard,” and “the Accounting Standard”) has brought about significant changes in the financial reporting ...

Following more than a year of (re)insurers reporting under the new standard, and with the benefit provided by a full annual cycle of rating analysis, AM Best recently published a FAQ to provide ...

OLDWICK, N.J.--(BUSINESS WIRE)--Swiss Re’s adoption of IFRS 17 has resulted in some shifts atop AM Best’s rankings of the world’s largest reinsurers, which differ based on accounting standards. The ...

BEST’S MARKET SEGMENT REPORT: SWISS RE’S ADOPTION OF IFRS 17 SHUFFLES THE TOP TIER IN AM BEST’S “WORLD’S 50 LARGEST REINSURERS” RANKINGS Swiss Re’s adoption of IFRS 17 has resulted in some shifts atop ...

The Contractual Service Margin (CSM), part of IFRS 17, gives users clearer information on insurers’ expected profits. Fitch Ratings states that this change makes insurance accounting more useful. IFRS ...

Bong Joon Ho has turned his funny-sad excavations of life under capitalism into unlikely blockbusters. With “Mickey 17,” he’s bending a whole new genre. Credit...Djeneba Aduayom for The New York Times ...

International Financial Reporting Standards (IFRS) 17 introduced a new way of financial reporting for insurers and reinsurers, fundamentally changing how they recognise and measure insurance contracts ...

MADDEN 17 IS FINALLY HERE! SO I THOUGHT ITD BE A GREAT IDEA TO RECORD MY REACTION OF SOME OF MY FIRST LOOKS AT THE GAME! IN THIS WE TAKE A LOOK AT THE INTERACTIVE INTRO, MUT 17, AND TUTORIALS! THANK ...

The introduction of IFRS 17 accounting standards in the insurance industry has necessitated changes to AM Best’s annual ranking of top reinsurance groups for 2023. According to the report, this shift ...

A significant shift in financial reporting to International Financial Reporting Standards (IFRS) 17 is currently underway, bringing substantial changes to accounting practices and necessitating a new ...

The International Financial Reporting Standards (IFRS) 17 is undergoing a significant accounting shift that necessitates changes in performance analysis within the reinsurance market, according to a ...

Insurance company ratings will not be directly affected by proposed IFRS 17-related changes, according to Fitch. IFRS 17 requires a company to measure insurance contracts using updated estimates and ...