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      The new insurance contracts standard, IFRS 17, aims to increase transparency and to reduce diversity in the accounting for insurance contracts.

      First published in May 2017, it has since been amended and its effective date has been deferred to 1 January 2023.

      Our materials will help you understand the new insurance accounting model as a whole, as well as the changes to IFRS 17, and will help you assess the potential impact on your company.

      Frederic Poesen

      Partner | Audit

      KPMG in Belgium

      Our latest insights

      Key observations from insurers’ first full-year reports under the new accounting standards

      Disclosing possible impacts of the new accounting standards

      Key observations from insurers’ first half-year reports under the new accounting standards

      Potential impacts of the new standards begin to emerge

      Our analysis of insurers’ first-quarter reporting

      KPMG insights on accounting change for insurers.

      Evaluating the auditors’ response to risks of material misstatement related to estimates.

      Choosing how to treat prior period accounting estimates will affect financial performance.

      Our services

      KPMG's IFRS Institute in Belgium

      KPMG's resource center on the international financial reporting standards and related matters.

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