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IFRS 17 Discussion Group

The ICAEW IFRS 17 Discussion Group was set up in 2020 with a membership that represents a broad range of insurance expertise. Its primary purpose is to discuss the implementation of IFRS 17 with respect to UK market specific factors and UK products.

IFRS 17 letter to the IASB - Nov 2021

A letter drafted by ICAEW members from UK insurers and accounting firms following UK Endorsement Board’s suggestion of engagement with the IASB on the alternative approaches to the contractual service margin amortisation for annuity contracts under IFRS 17.

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The Discussion Group is accountable to the Insurance Committee of the ICAEW Financial Services Faculty and has no power or authority to develop guidance, interpretations or opinions.