New rules to shake up insurance sector

New rules to shake up insurance sector
Published: 11 May 2018
Players in the local insurance industry will in three years' time be required to adopt a new version of the International Financial Reporting Standard 17 issued by the IASB.

The new rules are expected to bring radical changes on how investment income, income from life insurance business, future premiums are reported.

The rules are likely to impact on brokers the most as insurers seek to cut costs.
- Daily News
Tags: Insurance,

Comments

Latest News

Latest Published Reports

Latest jobs