IFRS 17 Questions and Answers
Many questions have been brought forward on different aspects of IFRS 17. To address these concerns, the IFRS 17 Steering Committee has compiled a set of Q&As to answer your most pressing questions on implementation of the new reporting standard. To date, the committee has posted Q&As about the following topics to the IFRS 17 blog (login required):
- Implications for the actuarial analysis for liability for incurred claims for P&C contracts (posted January 31, 2019); and
- Contract classification and establishing portfolios and groups (posted February 14, 2019).
Look for more Q&As in the weeks to come.