Louise Cooke, Managing Director, NEXONTIS Consulting | msg global solutions, and Robert Cummings, VP, Global Head of IBU Insurance at SAP, talk at the SAP Financial Services Forum about IFRS 17, the insurance industry’s readiness for the new accounting
standard and opportunities to leverage the change to prepare for a greater focus on transparency in the future, and to bridge the gap between the accounting and actuarial functions.
fantastic video about a big challenge for the insurance industry based on the new standard, which seems to be the first truly international IFRS standard affecting more than 450 listed insurers worldwide (see:
http://insurance-analyzer-info.com/why-do-you-wait-for-implementing-ifrs-17-its-released/ . Also interesting to see how VFA, CSM or GM will be implemented
© Finextra Research 2017