Amendments to IFRS 17, ‘Insurance contracts’ - PwC In brief

Amendments to IFRS 17, ‘Insurance contracts’ - PwC In brief

Publication date: 25 Jun 2020

Must know

Must know

The IASB issued the amendments to IFRS 17, ‘Insurance contracts’, on 25 June 2020, together with an amendment to IFRS 4, so that eligible insurers can still apply IFRS 9 alongside IFRS 17. This concluded the IASB’s targeted amendments to IFRS 17 which aimed to ease implementation of the standard by reducing implementation costs and making it easier for entities to explain, to investors and others, the results from applying IFRS 17. See our In brief for the details.

 
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