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Parametric insurance: A captivating solution
Parametric policies, which pay based on the magnitude of an event, can bridge coverage gaps that are difficult to insure with a traditional indemnity policy.
Indonesia: Proposed updates to PSAK 74 in response to amendments to IFRS 17 (Part III – easing transition)
By Brian Colgan and Philip Jackson
23 October 2020
Part II - making results easier to explain
This e-Alert discusses the amendments to IFRS 17 related to making the transition to IFRS 17 easier, their impact on insurers and likely impact on PSAK 74. It then discusses the revised transition requirements of the amendments aimed at making results easier to explain.
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