01817cas a2200265 a 4500 AALejournalIMF021137 230101c9999 xx r poo 0 0eng d 5.00 USD 9781513551807 1018-5941 BD-DhAAL BD-DhAAL Windsor, Peter. Accounting Standards and Insurer Solvency Assessment / Peter Windsor, Jeffery Yong, Michelle Chong-Tai Bell. Washington, D.C. : International Monetary Fund, 2020. 1 online resource (47 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students The paper explores the use of accounting standards for insurer solvency assessment in the context of the implementation of IFRS 17. The paper is based on the results of a survey of 20 insurance supervisors. Overall, IFRS 17 is a welcome development but there will be challenges of implementation. Not many insurance supervisors currently intend to use IFRS 17 as a basis for solvency assessment of insurers. Perceived shortcomings can be overcome by supervisors providing clear specifications where the principles-based standard allows a range of approaches. Accounting standards can provide a ready-made valuation framework for supervisors developing new solvency frameworks. Mode of access: Internet Chong-Tai Bell, Michelle. Yong, Jeffery. IMF Working Papers; Working Paper ; No. 2020/146 Full text available on IMF http://elibrary.imf.org/view/journals/001/2020/146/001.2020.issue-146-en.xml IMF e-Library