In the bustling corridors of Sri Lanka’s insurance industry, a quiet revolution is underway. The long-awaited adoption of IFRS 17 Insurance Contracts - the global standard that transforms how insurers ...
CARY, North Carolina, Oct. 25 (TNSres) -- SAS Institute, a business analytics software and services provider, issued the following news release: Vietnam's leading non-life insurer expedites compliance ...
A key ongoing shift in financial reporting to the International Financial Reporting Standards (IFRS) 17 is underway, representing a significant accounting change that has necessitated segmentation of ...
The MarketWatch News Department was not involved in the creation of this content. Leading non-life insurer meets global standard two years early with SAS technology CARY, N.C., Aug. 8, 2025 ...
Transitioning to Ind AS, including new standards for financial instruments and insurance contracts, would align Indian ...
Swiss Re’s adoption of IFRS 17 has resulted in some shifts atop AM Best’s rankings of the world’s largest reinsurers, which differ based on accounting standards. The Best’s Market Segment Report, ...
To smooth the transition, Irdai has proposed parallel reporting under both Ind AS and Indian GAAP during the first year of ...
The intended audience comprises mid- to senior-level insurance supervisory professionals responsible for evaluating the financial condition of insurers, as well as senior policy officials engaged in ...
Insurance Asia on MSN
FWD posts record $166m IFRS 17 profit
Annualised premium equivalent sales climbed to $2.5b during the year. FWD Group Holdings Limited saw a net profit of $166m ...
IRDAI proposes new accounting standards for insurers from April 1 to align with global practices, improving transparency and investor confidence with Ind AS 117 and Ind AS 109.
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