IFRS 17 is here. The new accounting standard came into effect for reporting periods beginning on, or after, 1 January 2023. From our observations of the market, many have found the implementation challenging and information used to comply with the standard is not yet driving insurers’ business decisions.
In our latest paper we outline some key governance areas for IFRS 17, the impact on KPIs and explore how insurers can set themselves up for future success.
How can PwC help?
Our local insurance team provides a range of services to insurance companies from assurance services, accounting advice, actuarial services and finance transformation. Get in touch if you’d like to discuss the challenges you’re facing.
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