Asia P&C insurers unprepared for IFRS 17
February 5 2021 by Nick Ferguson
-
IFRS 17 readiness and implementation “not fit for purpose” for some APAC players
- December 6
There are “specific pockets” where problems with IFRS 17 are still manifest in the Asia market, including aspects of reporting.
-
India extends IFRS 17 implementation deadline to April 2027: report
- October 17
IRDAI had earlier set an April 2025 deadline for the implementation of the new accounting regime in the insurance sector.
-
India defers roll out of IFRS 17 equivalent indefinitely: report
- October 3
Insurers can submit financial statements under the earlier Ind AS104 regime till the IRDAI notifies the implementation of the Ind AS 117standard.
-
IFRS 17: Making your financial controls automation truly work for you
- September 26
Shifting towards a more automated and streamlined workstream can free up time for insurers to critically analyse results that inform future financial planning.
-
AXA XL | Low and no-cost cybersecurity actions for companies
Considering the increasing frequency of attacks, the evolving threat landscape, including the use of AI to launch more sophisticated attacks, companies today can’t afford to ignore the possibility of being targeted by cybercriminals.
-
BHSI | Managing non-Asian exposure in long-tail lines
While US-exposed business can look attractive to Asian carriers, managing the volatility around the long-term results and the ability to model those losses are crucial, say BHSI’s Marc Breuil and Marcus Portbury.
-
Sedgwick | To Handle CAT Claims Well, Multi-Step Preparation is Key
When it comes to risk, it’s not a matter of “if” it’s a matter of “when” an event will occur.
-
HSBC Asset Management | Is it time to relook at Asian currency bonds?
With diversification and performance high on investors’ agendas, it seems a good time for global portfolios to revive allocations in Asian local currency bonds – including Hong Kong dollar (HKD) bonds.
