IFRS 17 adds complexity to reinsurers’ financial reporting: AM Best
Reinsurance News - Aug 28, 2024
The International Financial Reporting Standards (IFRS) 17 is undergoing a significant accounting shift that necessitates changes in performance analysis within the reinsurance market, according to a recent AM Best report. Implemented at the end of 2023, the IFRS 17 arrived during the hardest reinsur...
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