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Insurance Asia on MSNFWD’s first net profit under IFRS 17, records $24m in FY 2024Operating profit after tax rose 29% year-on-year. FWD Group recorded a net profit of $24m for fiscal year 2024 (FY 2024), ...
The update aims to balance the needs of users of small and midsized entities' financial statements with resources available to SMEs.
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Insurance Asia on MSNPhilippine insurers to adopt IFRS 17 standard by 2027But insurers may opt to begin adjusting their financial reports prior to the date. The Philippine Insurance Commission has ...
GAAP and IFRS are the two major standards used worldwide. Accounting principles are guidelines companies must follow when recording and reporting accounting transactions. They bring uniformity to ...
FRC urges insurance, financial institutions to adopt sustainability reporting ahead of 2028 deadline
The Financial Reporting Council of Nigeria called on insurance companies and other financial institutions to adopt ...
HONG KONG, March 12, 2025 /PRNewswire/ -- FWD Group Holdings Limited ("FWD Group" or "FWD") today announced its full year results for the twelve months ended 31 December 2024.
Fourth quarter revenue of $18.3M, +20% year-over-year growth; IFRS gross margin of 77.0%– Full fiscal 2024 revenue of $59.7M, +19% ...
ALL INSURERS and reinsurers in the Philippines are required to adopt the latest financial reporting standards for their audited financial statements within the next two years, the Insurance Commission ...
This news release for Sagicor Financial Company Ltd. ("Sagicor Financial", "Sagicor" or the "Company") should be read in conjunction with the Company's Management's Discussion & Analysis ("MD&A") and ...
A recent reform in Mexico creates significant regulatory changes, including annual reporting requirements for securities issuers and other ...
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