Swiss Re’s adoption of IFRS 17 has resulted in some shifts atop AM Best’s rankings of the world’s largest reinsurers, which differ based on accounting standards. The Best’s Market Segment Report, ...

Interplay between the economic and accounting impact of new International Financial Reporting Standards (IFRS 17 Insurance Contracts and IFRS 9 Financial Instruments) is challenging the asset and ...

Far-reaching switch in insurers’ financial reporting will mean higher capital ratios While UAE insurers need to allocate higher capital reserves, it will be well worth the effort. The IFRS 17 adoption ...

The reinsurer reported $36.2b of reinsurance revenue at end-2024. Swiss Re has moved to the top of AM Best’s ranking of reinsurers reporting under IFRS 17, shifting positions amongst the world’s ...

Following more than a year of (re)insurers reporting under the new standard, and with the benefit provided by a full annual cycle of rating analysis, AM Best recently published a FAQ to provide ...