The International Accounting Standards Board (The Board) issued IFRS 17 Insurance Contracts

This first truly international IFRS Standard for insurance contracts will help investors and others better understand insurers’ risk exposure, profitability and financial position. Read more about the new Standard here. The Project Summary, Effects Analysis, Feedback Statement and a Fact Sheet are available on the project page here. A Debrief video, in which Chairman of the Board Hans Hoogervorst introduces the Standard, is available here.