Press Release


The impact and influence of the financial insurance industry from IFRS 9

Since international accounting standards transform with the rapidly changing pace of business managing and operating concept, IFRS 9 will soon replace IAS 39. In order to encourage insurance industry to acknowledge the significant impact brought by the different ways of measurement and recognition of financial instruments required by IFRS 9 and begin early preparation, Taiwan Insurance Institute invites professional accountants and actuaries who are involved deeply in the development of IFRS 9 and are experienced in all aspects of financial instruments as valuable speakers. We believe that through insightful analysis with speakers’ pragmatic views and case studies, staffs and managers at all levels within life insurance companies could confidently encounter the challenges brought by the change of accounting regime, and in turn, the degree of impact could be effectively reduced.