The total cost faced by the global insurance industry to implement IFRS 17 is estimated to be US$15-20bn, according to a new worldwide survey by Willis Towers Watson. Kamran Foroughi, Global IFRS 17 Advisory Leader at Willis Towers Watson, said: “This is an extraordinary figure that will naturally lead to many questions from boards and… Continue reading Global Insurance Industry Faces IFRS 17 Costs Estimated at $15B to $20B
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