Our professionals bring you clear insights and fresh perspectives to help you navigate the financial reporting world with confidence.
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.
Related content
The UK Insurance Sentiment Index: Product & Price Edition delves into public sentiment towards General Insurance and Life & Pension insurance types.
With the Government preparing to finalise its strategy for the financial services sector, we look at the key themes, risks and opportunities set to shape the policy and regulatory agenda for 2025.
With IFRS for insurance contracts having moved on from IFRS 4 to IFRS 17, what is next for life insurers reporting under UK GAAP?
Contact us
Partner, PwC IFRS 17 UK Reporting Lead, PwC United Kingdom
Tel: +44 (0)7764 902751
Global Insurance Finance Transformation Lead & UK Insurance Lead, PwC United Kingdom
Tel: +44 (0)7525 299694
Follow us
