Introducing IFRS 17 | KPMG | UK

Introducing IFRS 17

Introducing IFRS 17

A new perspective on insurance accounting

A new perspective on insurance accounting

The new IFRS 17 insurance contracts' accounting standard conveys greater comparability and transparency for investors and analysts.

For insurers, the introduction of the new standard brings both benefits and challenges. Insurers will need to gain an understanding of the accounting changes and its impacts on their businesses.

While IFRS 17 represents the biggest accounting change for insurers in many years, the impacts will be felt far beyond accounting, touching on several areas such as finance, actuarial, IT, and even regulatory departments.

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First Impressions: IFRS 17, Insurance Contracts

First Impressions: IFRS 17, Insurance Contracts

First Impressions provides an overview of the new IFRS 17 Standard and how it may affect insurers’ financial statements.

IFRS 17: A simplified approach?

IFRS 17: A simplified approach?

Key challenges presented by IFRS 17, the new accounting standard for insurance contracts.

Insurance contracts – No time to watch and wait

12 questions to kickstart your successful transition

 
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Navigating the new world

Once the IFRS 17 is issued, organizations face a new challenge: turning it into reality.

 
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Lessons for the future: Preparing for IFRS 17

Key lessons, questions and next steps for insurers to consider for IFRS 17 implementation.

 
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Ferdia Byrne

Ferdia Byrne is a Partner in the Risk Consulting practice

 
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