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Overview and practical considerations of the new insurance contract standard: IFRS 17

ByAndrew Kay and Gillian Tucker
19 January 2017
International Financial Reporting Standard 17 (IFRS 17) is expected to raise a number of practical challenges for insurance companies. It is an accounting standard, but implementation will require a multi-disciplinary program with involvement from accounting teams, risk management teams and actuarial teams. This briefing note discusses some of the challenges companies will face when adopting and applying IFRS 17.

About the Author(s)

Andrew Kay

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