IFRS 17/9
The new accounting standards IFRS 9 and IFRS 17 apply from 1 January 2023 onwards and change how results are presented. However, IFRS 17/9 does neither change VIG's strategy, nor how we run our business.
IFRS 17/9 Follow-Up 17 July 2023
IFRS 17/9 Follow-up
FY 2022 IFRS 17/9 highlights
- Insurance service revenue of EUR 9.7 bn below IFRS 4 GWP mainly driven by removal of investment component in life business.
- Calculation of Combined Ratio on a net basis considering attributable expenses leads to a solid P&C CoR of 92.3%.
- Profitable new business in Life & Health with a favorable margin of 5.8%.
Documents for download
IFRS 17/9 Follow-up
pdf (439 KB)
17/07/2023
VIG IFRS 17/9 Follow-up Transcript
pdf (214 KB)
17/07/2023
IFRS 17/9 Teach-in 14 December 2022
IFRS 17/9 Teach-in
Documents for download
VIG IFRS 17/9 Teach-In
pdf (618 KB)
14/12/2022
10 Questions regarding IFRS 17 (KPMG and VIG)
pdf (466 KB)
14/12/2022