COVID-19 is having a significant impact on many reporting entities including life insurers. There are numerous uncertainties and practical difficulties which will translate into many challenges and risks in preparing financial statements, specifically in the setting of actuarial assumptions.
This report follows our more general overview of financial reporting, and looks at changes to actuarial assumptions that life insurers have made in response to COVID-19 in their half-year or year-end reporting.
We note that the outcomes from COVID-19 continue to be uncertain and any changes to assumptions are a matter of significant judgement.
Please get in touch if you’d like to discuss any aspect of your financial reporting in this period of uncertainty.
Related insights
Contact us
Follow us
