The implementation of IFRS9 and IFRS17 presents insurance companies with major challenges. Most of the companies subject to IFRS are already working flat out to structure the complex business and IT implementation requirements. Auditors and consulting firms, such as zeb, support insurers in designing and implementing IFRS-compliant and efficient solutions.
In this paper, main challenges that arise due to the implementation of IFRS17 for insurers are presented alongside current zeb projects.
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