Insurance reporting
Technical updates for insurers reporting under IFRS and UK GAAP.
Welcome to the technical insights and publications produced by our Accounting technical services (ATS) team that consider the latest accounting, financial and narrative reporting developments under IFRS and UK GAAP (including FRS 102 and FRS 103).
- Our technical updates explain the latest standards, amendments, and interpretations in issues effective now and beyond. This includes the latest developments from the International Accounting Standards Board and the Financial Reporting Council, as well as other regulatory developments.
- Our insights focus on insurance industry-specific emerging issues that impact insurers corporate reporting. This includes articles, videos and interviews with practical tips on how to improve the quality of the corporate reporting by insurance companies.
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21 Jan 2025
IFRS 18 presentation and disclosure for insurers
IFRS 18 Presentation and Disclosure in Financial Statements is set to replace IAS 1 Presentation of Financial Statements and will be effective for the period beginning on 1 Jan 2027 and after. IFRS 18 applies to all entities, including insurance companies.
31 Mar 2025
Are insurers ready for IFRS S1& S2 implementation
In this interview, Vitalina Kobernik is joined by Roberta Ravelli, technical staff at IFRS Foundation (Technical support, office of ISSB vice chair), to discuss the international sustainability standards issued by ISSB and the progress made by insurers in preparing climate-related disclosures.
30 Jun 2025
What insurers need to know about IFRS S1 & S2?
What are some of the frequently asked questions (FAQ) that insurers might want to consider for IFRS S1 and IFRS S2 implementation?
Key accounting and corporate reporting issues 2024
In this series of publications, we set out the key accounting and corporate reporting considerations and reminders for UK businesses for the 2024 reporting season.
Corporate reporting technical updates
Technical insights, UK GAAP and IFRS publications.
Climate-related disclosures for insurers
Climate-related disclosures have moved from voluntary to mandatory and the bar for both minimum and best practice is rising.
5 Jun 2025
The impact of tariffs on the insurance sector
The changing landscape of global trade, heavily shaped by US tariff policies, introduces considerable economic uncertainty. While the direct impact of tariffs on insurance may seem minimal, the resulting fluctuations in rates and market conditions are vital for the insurance sector to monitor closely.
7 Apr 2025
Cyber risk in insurance
Digital transformation, the rise of Artificial Intelligence (AI), and the growth of platform-based businesses have elevated cyber risk on insurers' Board agendas. Insurers globally recognise cyber-crime as a key risk.
30 Oct 2024
Insurers and climate-related disclosures
Climate-related disclosures are now mandatory for many insurers, with this comes the requirement to produce high-quality reports.
31 Oct 2025
Prepare for the upcoming FRS 102 changes
FRS 102 is the principal financial reporting standard for entities in the UK and the Republic of Ireland, which is applicable for small, and medium and large-sized enterprises that do not apply IFRS or FRS 101.
Governance and risk insights
Explore essential strategies and emerging trends to help organisations navigate the complexities of governance and effectively manage risk in an ever-evolving landscape.
Insurance forum 2024
Our forum is designed to provide our clients and prospects with relevant market updates for professionals in the insurance industry.
IFRS17 Insurance contracts
Insurers are expected to apply IFRS 17 for the recognition, measurement, presentation and disclosure of insurance contracts, which will affect many aspects of their day to day operations.