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London Market Monitor – 31 December 2020
Equity markets made gains in December as optimism continued to grow with the COVID-19 vaccination programmes rolled out in parts of the world.
A closer look at IFRS 17 highlights some complexities that come with increased transparency and consistency in reporting. This article focuses on some of the complexities and considerations for short-term health insurers.
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IFRS 17: Considerations for health insurers
While IFRS 17 aims to bring increased transparency in the financial reporting by insurers, the complexities related to some aspects of it need to be carefully considered for short-term health insurers when esimating the financial, operational and business impact within the organisation’s governance frameworks.
Joanne Buckle, Neha Taneja