IFRS 17 Insurance Contracts was issued by the International Accounting Standards Board (Board) on 18 May 2017. The Board has been undertaking a number of activities to support implementation of the Standard, and has established a Transition Resource Group. The Board published some amendments to IFRS 17, including a deferral of the effective date of IFRS 17 by two years so that entities are required to apply IFRS 17 for annual periods beginning on or after 1 January 2023. Visit Amendments to IFRS 17 to find out more about the amendments published in June 2020.

The materials relating to the activities to support implementation of the Standard, which are listed below, have been developed in the context of IFRS 17 as issued in May 2017. The materials relating to the amendments to IFRS 17 provide information about the changes to IFRS 17 published in June 2020.

View key terms for IFRS 17 for definitions of common terminology.

In addition to the materials provided with IFRS 17 itself, various other materials that support implementation of IFRS 17 have already been published or are planned. 

Materials for Investors

Webcast: Summary of the accounting model in IFRS 17

A short webcast to guide you through the different elements of the accounting model in IFRS 17 and how they will be display on a company’s balance sheet and in its profit or loss statement.

Webcasts: IFRS 17 requirements

This webcast series aims to provide a basic introduction into various aspects of IFRS 17.

Date Title

Education meetings with investors, regulators and national standard-setters (NSS)

These education and meeting materials are intended both to educate stakeholders and to obtain information about implementation issues and the developing practice relating to IFRS 17.

The Board has established a Transition Resource Group to support the implementation of IFRS 17 Insurance Contracts

Details about the TRG, including how to submit an implementation question, agenda papers and meeting summaries, can be found here.

Although the Board does not provide a formal technical enquiry service, stakeholders may make us aware of implementation questions relating to IFRS 17.

Please see the Transition Resource Group section for information on submitting an implementation question.

For any other queries email insurancecontracts@ifrs.org

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