Investor Presentaiton
Accounting policies and methodological choices - IFRS 9
a.s.r.
Admiral Group PLC¹
Not commented
Largely FVOCI
Ageas
►Largely FVOCI
Allianz
Listed equity investments
Investment funds and
Not commented
FVPL
FVPL
►FVOCI without P&L
recycling
FV PL
private equity
Vanilla fixed income
Not commented
FVOCI
Real estate
Not commented
Not commented
Amortized cost
ECL not material
ECL
FVOCI
► Amortized cost
► Not material as major
portion of portfolio (97%)
is investment grade
Not commented
FVOCI with P&L recycling
►Mostly at FVPL
Aviva
No measurement
differences expected on
adoption of IFRS 9
IFRS 9 does not
recognize future profits
for Wealth business
► Retain current approach
and report fair value
movements on assets
backing insurance
business in P&L
1) IFRS 9 already adopted
39
Market updates on impact of IFRS 17 and IFRS 9
EYView entire presentation