IFRS 17: Transforming the Insurance Landscape – A Strategic Perspective Introduction
The implementation of IFRS 17 Insurance Contracts marks one of the most significant accounting changes in the insurance industry in recent decades. Effective from January 1, 2023, this standard introduces a new level of transparency, comparability, and consistency to insurance reporting worldwide. For insurance entities, IFRS 17 is not merely an accounting adjustment—it is a...