With a little less than one year to run before the date of the IFRS 17 opening balance sheet, the clock is ticking. KPMG firms have refreshed their approach to benchmarking insurers' readiness for IFRS 17 to focus on a selected group of 18 insurers in the Forbes 2020 Global 20001 from around the world which have had IFRS 17 implementation programs running for several years. By sharing this knowledge on an anonymized basis, we hope to provide useful insights to companies large and small as they work to make IFRS 17 a reality. Here are the headlines and key findings from the research.
1. Global 2000 — The World’s Largest Public Companies 2020. (n.d.)