國際財務報導準則第9號（IFRS 9）金融工具規範對我國保險業之影響

The Impact of International Financial Reporting Standard 9 (IFRS 9) on Insurers in Taiwan

本文係探討IFRS 9對保險業的衝擊：對於不符合僅收取本息條件之債券須透過損益按公允價值衡量而增加未來損益的波動，而權益工具將無須評估減損，其處分損益不得自其他綜合損益再循環至損益中，此將減少盈餘管理的空間，且可能導致損益表的虧損；債券將因增提預期信用減損損失產生較大的衝擊；避險會計將更趨於簡易並符合經濟實質與避險實務；建議保險業者重新思考投資策略及投資部位比重，注重信用風險管理，並及早建置預期信用損失模型；另建議應審慎評估IFRS 9及IFRS 4 PhaseII的會計衡量方式及可選擇的會計政策，以降低資產與負債的會計不一致與波動。

This paper is to explore the impact of IFRS9 on insurers. Debts instruments that do not pass the solely payments for principal and interest criterion is measured at fair value through profit or loss and will increase the fluctuation of profit or loss. Equity instruments are not required to assess impairment. Its gain or loss from disposal is not recycled from other comprehensive income to profit or loss, which could reduce the flexibility on the earning management and potentially lead to a loss in the income statement. Debt instruments will need to provide expected credit impairment losses resulting in material impact. The hedge accounting tends to be simpler and more practical. Insurers should reconsider the investment strategies, focus on credit risk management and develop the loss model earlier. Insurers should also cautiously assess the accounting policies from IFRS 9 and IFRS 4 Phase II perspectives to reduce accounting mismatch on assets and liabilities.