As part of our IFRS 17 benchmarking, we present key findings from the 2024 annual reports of 55 life insurers across Europe and other regions. This is the second year of reporting under IFRS 17, which enables a comparative look at financial statements and key performance indicators (KPIs). Our insights are based solely on public disclosures in annual reports and investor presentations. The report covers the following:
- Financial position: Present value of future cash flows, balance sheet metrics, and related figures
- Movements year-over-year and a look at KPIs
- Industry comparison: Areas of continued divergence despite overall convergence under IFRS 17