Frontline Perspectives: Will IFRS 17 Impact Credit Ratings Analysis?

The new IFRS 17 accounting standard, effective January 2023, represents a major overhaul in the way insurance financial results are valued and reported. DBRS Morningstar analysts Komal Rizvi and Patrick Douville discuss the implications of IFRS 17 on the credit ratings of our portfolio of insurance companies, outlining the key impacts on our global insurance methodology, our view on capital and earnings, and how impacts will differ based on insurer type and jurisdiction.