Insurance Companies Financial Statements. Previously revenue account is to be prepared according to form ‘d’ of the first. Marine insurance covers the loss or damage of ships, cargo, terminals, and.
Financial statements analysis of insurance companies: We've updated our illustrative disclosures for insurers to reflect the june 2020 amendments to ifrs 17 insurance contracts and other developments. This guide illustrates one possible format for financial statements for an annual period beginning on 1 january 2023, when ifrs 17 and ifrs 9 financial instruments are applied for the first time.