CECL impact on insurance companies
ASC 326, the current expected credit loss (CECL) standard, has substantially changed how entities, including insurers, estimate credit losses on financial assets measured at amortized costs.
Read moreLet's talk financial services
Understanding the impact and future of the DORA regulation
The European Supervisory Authorities (ESAs) published the final texts of the DORA (Digital Operational Resilience Act) regulation in July. These definitive texts will come into effect in January 2025, enhancing digital operational resilience and IT risk management for all financial...
Read moreLatest posts
Discover more
How insurance can mitigate risks of cyber attacks
Everyone can be a target of cyber attacks, from large corporations and government institutions to small businesses and individuals. With the threat increasing, insurers have developed products for businesses to...
Read more
US insurers' journey implementing IFRS 17
The International Financial Reporting Standard 17 (IFRS 17) for Insurance Contracts represents a significant shift in the accounting landscape for insurance companies. Developed by the International Accounting Standards Board (IASB)...
Read more