IFRS - Insurance | KPMG | CN

IFRS - Insurance

IFRS - Insurance

KPMG’s insights on accounting change for insurers.

KPMG’s insights on accounting change for insurers.

Considerable accounting changes for insurers

The IASB’s insurance contracts project aims to increase transparency and to reduce diversity in the accounting for insurance contracts. The final standard was published on 18 May 2017 and it is effective for annual periods beginning on or after 1 January 2021. The Hong Kong standard will be issued in due course.

Our materials will help you understand the new requirements and assess the potential impact on your company. Look out for further publications.

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Insurance contracts – No time to watch and wait

12 questions to kickstart your successful transition

 
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IFRS blog

Insurance contracts project update

The IASB expects to publish the final standard, IFRS 17, in May 2017

 
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Insurance – IFRS 4 amendments

Amendments respond to industry concerns about the impact of differing effective dates.

 
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Navigating the new world: Preparing for insurance accounting change

IFRS insurance contracts standard will have far reaching impacts for life and P&C insurers and reinsurers

 
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