Episode Details
Back to EpisodesAM Best: Insurers Adopting IFRS 17 Will See Changes
Published 2 years, 10 months ago
Description
Tony Silverman, director, credit rating criteria, research & analytics, AM Best, said combined ratios in non-life insurance will change, improving the quality of financial indicators. However IFRS 17 will mean that comparisons with other accounting standards such as US GAAP will require interpretation. Silverman spoke with AM Best TV at AM Best’s Europe Insurance Market & Methodology Briefings – London.