Insurance accounting shake-up puts risk centre stage

IFRS 17 will create a closer link between insurers' risk management and P&L volatility

Spotlights centre stage

The new International Financial Reporting Standard for insurance contract accounting, known as IFRS 17, rewrites the rules for insurers on measuring contracts and recognising profits, putting risk at the centre of the process.

The standard introduces a risk-adjustment measure when valuing liabilities for financial reporting, and requires the identification and separate accounting of embedded derivatives, as well as the disclosure of insurance and financial risks that arise from contracts

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to View our subscription options

The future of life insurance

As the world constantly evolves and changes, so too does the life insurance industry, which is preparing for a multitude of challenges, particularly in three areas: interest rates, regulatory mandates and technology (software, underwriting tools and…

You need to sign in to use this feature. If you don’t have a account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here