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.
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Financial services regulatory landscape in APAC: navigating the complexities and emerging trends
In 2025, the financial services landscape in the Asia-Pacific (APAC) region continues to experience rapid and structural change driven by complex and interconnected risks. These elements are fundamentally reshaping regulatory priorities across the region, prompting diverse responses from national authorities....
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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...
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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)...
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