UKEB adopts IFRS 17

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17 May 2022

The UK Endorsement Board (UKEB) has announced the adoption of IFRS 17 'Insurance Contracts' for use in the UK.

The adoption of IFRS 17 is an important milestone for the UKEB. It is the first major standard adopted by the UKEB. The adoption is the first real test of the UKEB's adoption process. At the same time, it is of international importance, given the size of the UK insurance industry.

Please see the press release on the UKEB website for additional information.

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