The IFRS 17 level playing field for insurance reporting - How do insurers plan to make it work?

Published on: Nov 28, 2022

In this first report of the global IFRS 17 2022 survey findings, the Economist Impact team has focused on the responses we collected from participants based in the EU given the EU-endorsed version of IFRS 17 has a key difference compared with the text originally published by the International Accounting Standards Board. This difference is the addition of a voluntary exemption from one key requirement in IFRS 17 that many stakeholders in the EU endorsement process believed should not apply on a mandatory basis to a particular type of life insurance business commonly found in the EU.

This publication was released by our Global firm.

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