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The balance between trust and control

Back in 2010, the American Economic Review published the article Growth in a time of debt, which was penned by Carmen Reinhart and Kenneth Rogoff (Reinhart and Rogoff).

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Keeping up with InsurTech

Similar to other industries, the insurance industry is subjected to a wide array of changes driven by both business and technological forces fueled by innovation. This wave of change and innovation in the insurance industry, commonly cited as InsurTech, refers to the use of technology to squeeze out cost savings and effi ciency from the current insurance industry business model.

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Sure about the digital hunt

Twenty-five years ago, having Internet on your mobile phone was still a theoretical concept. Today, however, even your toaster fights hard to escape the Internet of Things.

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IFRS 17: the impact of the building blocks approach

On 18 May 2017, the International Accounting Standard Board (IASB) issued the new IFRS 17 standards. The development of these standards has been a long and thorough process with the aim of providing a single global comprehensive accounting standard for insurance contracts. The new standards will have a significant impact on the measurement and presentation of insurance contracts in the financial statements and require significant operational changes. This article takes a closer look at the new standards, and illustrates the impact with a case study.

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The dewdrop known as IFRS 17

Seven students in Asia were taking their morning walk with their teacher. Dewdrops sparkled in the weak sunshine. The teacher stopped near a large water droplet. He asked his students to stand around it so the sun kept on shining on it and then he asked them what color the dewdrop was.

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