International Financial Reporting Standard for Insurance Contracts

On May 18, 2017, the International Accounting Standards Board issued the International Financial Reporting Standard 17 Insurance Contracts ("IFRS 17"). IFRS 17 replaced International Financial Reporting Standard 4 Insurance Contracts (“IFRS 4”) and established new principles for the recognition, measurement, presentation and disclosure of insurance contracts within the scope of the Standard.

Click here to download Policy Note- International Financial Reporting Standard 17