Insurance Insider is part of the Delinian Group, Delinian Limited, 4 Bouverie Street, London, EC4Y 8AX, Registered in England & Wales, Company number 00954730
Copyright © Delinian Limited and its affiliated companies 2023

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement

Berenberg brands IFRS 17 ‘confusing’ for policyholders

Economy Business and Investment Stock Chart

The IFRS 17 insurance accounting standards recently introduced are “so confusing” that non-life policyholders will be unable to assess how much profit carriers are making, according to Berenberg.