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Regulatosrisk: Insurance Europe – IFRS 17: EU insurers say some improvements welcome, but major issues still to be addressed

In their response, they argue that while the IASB has proposed several helpful improvements in its IFRS 17 exposure draft, unfortunately a number of issues remain unaddressed and further changes are needed.

Three issues — level of aggregation, transition and presentation — were given particular emphasis because they will have the largest overall impact on the operational complexity and costs of implementing IFRS 17.

https://www.insuranceeurope.eu/ifrs-17-eu-insurers-say-some-improvements-welcome-major-issues-still-be-addressed

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