finextra tv

Watch the latest FinextraTV stories covering fintech, banking and payments technology.

IFRS 17 not the end but the beginning

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.

10159
Sponsored | what does this mean?
This content has been created by the Finextra editorial team with inputs from subject matter experts at the funding sponsor.

Channels

Keywords

Comments: (1)

Max Shu
Max Shu - DZ Con - Karlsruhe 25 July, 2017, 15:41Be the first to give this comment the thumbs up 0 likes

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