IFRS 17

Allianz's Q1 sees CR improve to 91.9% along with 24.2% in group operating profit

May 16 2023

P&C volume rose 11.2 percent to €24.1 billion, while L&H saw a volume drop of 2.6% to €20.1 billion.

A photo of Korea in background and balloons with Korean flag in foreground.

Report: Korean P&C insurers' performance set to balloon under IFRS 17

May 15 2023

Korean insurers are poised to report improved earnings with P&C insurers enjoying a particularly significant increase.

Manulife HK delivers 26% APE increase as group books first quarter under IFRS 17 and IFRS 9

May 11 2023

There was an increase in overall net income, however Manulife also saw a slight decrease in APE sales globally.

Taiwan's Shingkong Insurance adopts Wolters Kluwer solution to ease IFRS 17 Transition

May 5 2023

Taiwan is expected to fully transition to the new accounting standard in 2026.

APRA proposes minor amendments to AASAB 17, seeks industry feedback

May 4 2023

The regulator is proposing changes to improve usability and remove ambiguity for Australia's equivalent of the IFRS 17 accounting standards.

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

April 29 2023

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.

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