What will IFRS 17 mean for Singapore insurers?

  1. To what extent will the new standard for insurance contracts change current practices?

  2. What is the goal of IFRS 17?

  3. What is one of the principle changes in the new accounting rule?

  4. What impact is expected on insurers because of the key changes?

  5. What is expected to particularly affect Singapore insurers?

  6. An investment component is deemed to be distinct if -

  7. What is one of the biggest question marks over IFRS 17?

  8. What will be one of the biggest challengers for insurers in Singapore?

  9. Why do mixed length products pose a challenge for Singapore insurers?

  10. What should insurers prioritise despite the rule not taking effect until 2021?