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Your essential guide to disclosures for insurers

Our Guides to financial statements help you to prepare financial statements in accordance with IFRS® Standards. They illustrate one possible format for financial statements prepared under IFRS Standards.

We've updated our illustrative disclosures for insurers to reflect the June 2020 amendments to IFRS 17 Insurance Contracts and other developments.

This guide illustrates one possible format for financial statements for an annual period beginning on 1 January 2023, when IFRS 17 and IFRS 9 Financial Instruments are applied for the first time.

IFRS 17 is a complex standard, and the interpretation of its requirements is subject to ongoing discussions. 

This guide does not pre-empt that process. Instead, it aims to help you to understand the disclosure requirements as you plan your implementation.

Download Illustrative disclosures for insurers (PDF 3.4 MB).

Find out more

For KPMG's insights on transitioning to the new standard, visit our Insurance hot topics page.

Follow 'KPMG IFRS' on LinkedIn for the latest on IFRS Standards.