IFRS 17, Life and Health, News, Non-life, Regulatory, Reinsurance, Specialty

Philippines Insurance Commission delays PFRS 17 implementation to 2027

Timeframe for local adoption of the IFRS 17 accounting standard was initially set for 2025.

Editorial team

March 12, 2025

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3 min read

New Standards.New Stage.Real Recognition. Entries Closing Soon. Apply now → Entries close
25 September

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Market conditions continue to evolve as businesses review their priorities and plans for growth. The pace of change varies across the region, with local factors shaping how organisations respond.

Attention is turning to the balance between near-term opportunities and longer-term objectives. Decisions made today will help determine how businesses adapt as conditions develop.

While the outlook remains varied, the broader direction reflects a market adjusting to new demands. The implications will become clearer over time as plans move into practice.

New Standards.New Stage.Real Recognition. Entries Closing Soon. Apply now → Entries close
25 September