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HKFRS/IFRS 17 Insurance Contracts

Supporting implementation of HKFRS/IFRS 17 Insurance Contracts



In May 2017, the International Accounting Standards Board (IASB) issued IFRS 17 Insurance Contracts. In December 2017, the HKICPA's Financial Reporting Standards Committee (FRSC) approved HKFRS 17 Insurance Contracts. For more details on HKFRS 17, click here.

How are we supporting implementation of HKFRS 17?

HKICPA is committed to monitoring HKFRS 17 implementation developments in Hong Kong and internationally, facilitating discussions with the industry, and working together with the industry and the IASB in resolving any challenges. Since July 2017, HKICPA has provided training on IFRS 17 for industry professionals to develop an in-depth knowledge of the standard. E-mail for more information.


Major international collaboration and contribution events


Key examples of enhanced implementation support for Hong Kong stakeholders

Upcoming events

  • Will host a IFRS 17 Global Developments Discussion Forum focusing on international IFRS 17 developments, in particular, in Europe and Canada. Register here


  • Will host stakeholder roundtables to discuss the IASB’s proposed amendments to IFRS 17Register here







Last updated: 16 May 2019