Financial Services Ireland

First technical discussion of the IASB’s IFRS 17 Transition Resource Group

Read more

The IASB’s Transition Resources Group for IFRS 17 met for the first time on 6 February 2018 to discuss a number of implementation issues that have arisen as insurers and practitioners get ready for the 1 January 2021 go live date. Detailed discussions included aspects of separation of components of a single insurance contract, contract boundaries and transition; with additional responses provided to questions submitted relating to other areas of the standard.

Click on the link below to read our summary of the discussions and what it means for insurers.

Thought Leaders

Ciara McKenna

FS Partner, Assurance, Insurance

Niamh O’Shaughnessy

FS Partner, Assurance, Insurance & Banking

Ciara Fitzpatrick

FS Partner, Consulting, Insurance