The Connecticut Museum has built a collection of over four million objects, documents, and images over the past 200 years, but one collection in particular has garnered significant attention through...| Connecticut Museum of Culture and History
“…and lo, I am with you always, even to the end of the age.” Matthew 28:20| Dr. James Schroeder
A hidden conservative bias in the form of ‘prudent’ reserving has previously been a common feature of insurance accounting. This practice has made analysing the performance of insurance companies extremely difficult for investors. Hidden prudence is eliminated under the new IFRS 17 and the allowance for insurance risk in measuring liabilities should be fully transparent. However, considering some recent company presentations, we wonder whether this benefit for investors will be fully real...| The Footnotes Analyst