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PICC expect IFRS 17 to have minimal P&C impact, but Life isn’t so rosy

P&C, including combined ratio, will remain largely the same. But revenue recognition for its life business will drop by 67% under the new accounting standard.
Picc expect ifrs 17 to have minimal pc impact but life isnt so rosy  rein asia
April 29, 2023

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4 min read
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