IFRS 17 Insurance contracts - Restated comparative figures for 2022
The new accounting rules for the recognition, measurement and presentation of insurance contracts (IFRS 17) became mandatory for the period beginning on 1 January 2023, with requirements for comparable figures for 2022. The DNB Group will report in accordance with IFRS 17 as of the first quarter of 2023. At the same time, the DNB Group will change classification of some financial instruments under IFRS 9. There are no changes in the underlying business model, operations or strategy as a result of the introduction of IFRS 17. The transition to IFRS 17 does not affect the DNB Group’s