Banca de QUALIFICAÇÃO: ANA CLARA GONÇALVES CALAÇA COSTA

IFRS 17 and the impact of climate change on the quality of companies’ accounting results insurance companies

IFRS 17, climate change, quality of results, value relevance.

In 2017, IFRS 17 was created to regulate the accounting practices of insurance companies. Its creation and future application aimed primarily at standardizing the accounting practices of these entities, as well as promoting transparency for stakeholders. Due to the inherent nature of their business, which involves risk and unstable circumstances, insurance companies have been impacted by the effects of major natural disasters, never before witnessed. This paper aims to elucidate a probable effect of climate change on the quality of insurance companies' financial results by applying the models of Kothari, Leone, and Wasley (2005) and Lang, Raedy, and Yetman (2006), through a comparison between preand post-IFRS 17 implementations.