Even though most American CPAs do not prepare or audit IFRS financial statements, many have begun learning the international standards, according to an AICPA survey. Two years ago nearly a third of ...

Swiss Re’s adoption of IFRS 17 has resulted in some shifts atop AM Best’s rankings of the world’s largest reinsurers, which differ based on accounting standards. The Best’s Market Segment Report, ...

Bank supervisors and officials responsible for loan loss provisioning and managing credit risk in countries that have adopted International Financial Reporting Standards (IFRS) or are planning to do ...

The reinsurer reported $36.2b of reinsurance revenue at end-2024. Swiss Re has moved to the top of AM Best’s ranking of reinsurers reporting under IFRS 17, shifting positions amongst the world’s ...