IFRS 17 embeds: Year two insights from UK Life Insurers

Our new publication provides an analysis of the disclosures made by seven of the largest UK life insurers. Results announcements were earlier than last year, with no significant changes in approach for UK life insurers. Adjusted operating profit remains the primary IFRS-related performance metric and will be used in remuneration in some form by all leading listed life insurers from 2025. 

The report also explores the context of the International Accounting Standards Board’s post implementation review and examines potential areas that could be enhanced for UK Life insurers. Our experience of other reviews suggests that significant changes to IFRS 17 are unlikely. 

Download the report to read our detailed analysis, which includes a comprehensive comparison of company disclosures and thoughts on future post implementation reviews. 

If you would like to discuss any of the topics in the report, please do get in touch with our team below.