Where standards intersect

Recurso electrónico / Electronic resource
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Título: Where standards intersect / Eve PastorAutor: Pastor, Eve
Notas: Sumario:
Insurers will see a new era of financial reporting ushered in on 1 January 2022. As of then, International Financial Reporting Standard (IFRS) 17 for insurance contracts, and IFRS9 for financial instruments, will be eff ective for insurers and reinsurers. As insurers and reinsurers are preparing for these changes, it is worth considering the interaction between the two standards. Asset liability management (ALM), valuation and financial reporting implications could create unintended consequences in financial statements for years to come, so it is important to take a holistic view of the possible financial statement impacts, rather than making decisions in isolation.
Registros relacionados: En: The Actuary : the magazine of the Institute & Faculty of Actuaries. - London : Redactive Publishing, 2019-. - 03/06/2019 Número 5 - june 2019 , p. 28-29Materia / lugar / evento: IFRS 17 IFRS Normas internacionales de información financiera Información financiera Empresas de seguros Valoración financiera Contrato de seguro Instrumentos financieros Gestión de activos Otras clasificaciones: 214
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