The IASB has issued IFRS 17 Insurance Contracts. This standard for insurance contracts will help investors and others better understand insurers’ risk exposure, profitability and financial position.
IFRS 17 replaces IFRS 4, which was brought in as an interim Standard in 2004.
IFRS 17 has an effective date of 1 January 2021 but companies can apply it earlier.

Fot the Effects Analysis, the Project Summary and the Feedback Statement  please refer to the IFRS Foundation’s website.