It has delivered the leading property and casualty claims ratio by a minimum of 1 percentage point under IFRS 4. Whether the business is delivering superior underwriting under IFRS 17 remains unclear.

GAAP reports in detailed, precise formats; IFRS allows flexible, principle-based reporting. GAAP does not permit asset value recovery post-impairment; IFRS allows revaluation. IFRS does not ...

The International Accounting Standards Board (IASB) has published the third edition of the International Financial Reporting ...

Under IFRS 4 Hannover spent around 2% of the insurance premium it earns on personnel and that stacked up well compared with the around 7% spent on personnel by peers. We think this is one of the ...