Axa Affin Life CFO: IFRS17 will spur systems overhaul
The new accounting standard set to come in from 2021 will require significant changes at Malaysian insurers, as well as more actuarial staff.
Tag : ifrs
Asian insurers bracing for impact of IFRS 9 and 17
Some insurers' chief investment officers in the region, such as that of Krungthai Axa Life, are concerned about the potential effect of new accounting standards.
For Korean bank treasuries, liquidity trumps profits
Shinhan Bank is overweighting Asian bank bonds, but is otherwise constrained when it comes to managing its international fixed-income assets.
Taiwan rethinks reporting standards
Regulators are keen to align Taiwan's reporting standards with IFRS practices, but the move may set off mark-to-market debates once again.
