A European body of comprehensive and uniform regulations on solvency capital and investors’ reporting applicable to the largest insurance market in the world: this is the historical target that the ...

Suzanne is a content marketer, writer, and fact-checker. She holds a Bachelor of Science in Finance degree from Bridgewater State University and helps develop content strategies. International ...

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 ...

THE current Philippine insurance accounting standard is the Philippine Financial Reporting Standard (PFRS) 4, which was adopted from IFRS 4 (Insurance Contracts) issued by the International Accounting ...

An insurance contract is defined as a “contract under which one party (the issuer) accepts significant insurance risk from another party (the policyholder) by agreeing to compensate the policyholder ...

While a new key performance indicator (KPI) under IFRS 17 was intended to replicate the well-known combined ratio, this equivalence might not hold true in practice when all components and complexities ...

15 Mar 2024 (Johannesburg Stock Exchange) Clientèle Limited has issued a trading statement indicating a significant decrease in earnings for the six-month period ended December 31, 2023. This follows ...

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has notified the adoption of the International Financial Reporting Standard (IFRS) 17 - Insurance ...

Several years ago, the P&C industry’s financial gurus rolled up their sleeves to figure out the new numbers in preparation for IFRS-17 reporting. MSA Research, which supplies the data for Canadian ...