1.0Taxmann Bloghttps://www.taxmann.com/postTaxmannhttps://www.taxmann.com/post/author/ruchi[Analysis] Ind AS 117 [Insurance Contracts] – New Accounting Standard for Indian Insurance Companiesrich600338<blockquote class="wp-embedded-content" data-secret="XX3QEZAoK4"><a href="https://www.taxmann.com/post/blog/analysis-ind-as-117-insurance-contracts">[Analysis] Ind AS 117 [Insurance Contracts] – New Accounting Standard for Indian Insurance Companies</a></blockquote><iframe sandbox="allow-scripts" security="restricted" src="https://www.taxmann.com/post/blog/analysis-ind-as-117-insurance-contracts/embed#?secret=XX3QEZAoK4" width="600" height="338" title="“[Analysis] Ind AS 117 [Insurance Contracts] – New Accounting Standard for Indian Insurance Companies” — Taxmann Blog" data-secret="XX3QEZAoK4" frameborder="0" marginwidth="0" marginheight="0" scrolling="no" class="wp-embedded-content"></iframe><script>
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https://www.taxmann.com/post/wp-content/uploads/2024/09/3.-Analysis-Ind-AS-117-Insurance-Contracts-New-Accounting-Standard-for-Indian-Insurance-Companies.jpg600352Learn about Ind AS 117, the new accounting standard for insurance contracts in India, aligned with IFRS 17. Effective from April 1, 2024, it enhances transparency and comparability in insurance companies' financial reporting by setting guidelines for the recognition, measurement, and disclosure of insurance.