Fairfax announces estimate of IFRS 17 effect on common shareholders’ equity

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Reinsurance News - Apr 18, 2023

Canadian property and casualty re/insurer, Fairfax Financial Holdings Limited has published its preliminary, unaudited estimate of the effect of IFRS 17 on common shareholders’ equity stating that it will increase by approximately $2.2 billion, as at December 31, 2022. The new accounting standard, I...

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