Korea relaxes rules as IFRS implementation nears
May 31 2017 by InsuranceAsia News-
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.
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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.
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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.
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Korean insurers may face bigger corporate tax bill this year due to IFRS: report
- May 15
The implementation of IFRS 17 means that the amount of cash surrender reserves recognised as expenses has surged by trillions of won per annum, according to a local report.
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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.
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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.
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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.
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PineBridge Investments | Why Asian insurers are exploring private credit and CLOs
The recent rollout of risk-based capital regimes across Asia calls for a closer alignment between insurers’ assets and liabilities. We explore potential ways to maintain a healthy investment yield and robust returns on regulatory capital.
