IFRS 17/9

The new accounting standards IFRS 9 and IFRS 17 apply from 1 January 2023 onwards and change how results are presented. However, IFRS 17/9 does neither change VIG's strategy, nor how we run our business. 

IFRS 17/9 Follow-up

FY 2022 IFRS 17/9 highlights

  • Insurance service revenue of EUR 9.7 bn below IFRS 4 GWP mainly driven by removal of investment component in life business.
  • Calculation of Combined Ratio on a net basis considering attributable expenses leads to a solid P&C CoR of 92.3%.
  • Profitable new business in Life & Health with a favorable margin of 5.8%.

Documents for download

IFRS 17/9 Teach-in

Documents for download

Do you want to shape the future of reporting?


Become part of the team!