IASB discusses investors’ reactions to IFRS 17
Nov 20, 2017
On November 20, 2017, the International Accounting Standards Board (IASB) issued an article by IASB board member Nick Anderson that discusses the top five question investors and analysts have on the IASB’s new insurance contracts standard, IFRS 17.
The five questions discussed include:
- Will IFRS 17 affect dividend payouts?
- How can a principle-based Standard like IFRS 17 improve comparability between insurers?
- Will IFRS 17 bring global comparability to the insurance sector?
- What are the main differences between IFRS 17, regulatory reporting and embedded value reporting?
- How will removing insurance premiums from the income statement improve comparability?
Review the article on the IASB’s website.