#YonhapInfomax #OperatingProfit #IFRS18 #FinancialServicesCommission #Insurance #DisclosureRequirements #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=96159
Operating Profit Classification to Change from 2027—Insurers Required to Disclose ‘Exception Model’ in Financial Statements
South Korea will overhaul operating profit classification in financial statements from 2027, requiring insurers to disclose deviations from standard lapse rate models, as part of new accounting standards aimed at enhancing transparency and investor protection.