News & Views

How IFRS 17 affects Hong Kong insurers

This new IFRS Standard for insurance contracts which are aimed at helping investors and others better understand insurers’ risk exposure, profitability and financial position. IFRS 17 replaces IFRS 4 and will be effective from 1 January 2021.

New global CEO appointed

We’re delighted to announce that Anton Colella has been appointed as Moore Stephens International’s new global Chief Executive Officer following a worldwide search.
 
Anton Colella is currently global Chief Executive of the Institute of Chartered Accountants of Scotland (ICAS).
 

Challenge to CFOs and CUOs: Maximising technology to benefit insurance business

Both CUOs and the CFOs are fully aware of the potential benefits that technology can bring to the business. It’s clearly not rocket science but what might surprise many is that whole technology may well deliver benefits to specific task both believe where technology can really deliver benefit is creating far greater integration across the business and with it the ability to better understand the bigger picture and with it enhance their own abilities to contribute to the bottom line.

New Asian hub will drive distribution efficiency

RuleBook HUB Asia is a Cloud-based solution that allows insurers to load their insurance products, enabling them to be accessed by authorised external parties. It provides a centralised and secure place for carriers to share products and rating with their distribution partners whilst giving coverholders the ability to access multiple carrier products by integrating into just one platform.
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