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May 2012: Boards discuss reinsurance accounting
On 18 April 2012, the Boards re-deliberated on topics including issues relating to reinsurance accounting, amendments and modifications and commutations of insurance contracts. Learn more.
Facing the challenge: business implications of IFRS 4, 9 and Solvency II for insurers
This issue of IFRS Developments for Insurers (pdf, 130.8kb) highlights the education sessions of the IASB and the FASB that continue discussion on eligibility criteria.
The IASB and FASB Boards decided to exclude fixed-fee contracts (pdf, 628kb) that provide service as their primary benefit from the scope of the insurance standard if they exhibit certain characteristics.
Looking for insights into the insurance markets in Europe, Canada and Asia-Pacific as well as the US life insurance and property/casualty sectors? As uncertainty over economic conditions continues to impact buyers of insurance products and services, insurers must consider strategic and flexible approaches. Find out how to manage your business in 2012.
Contacts
Jeff Malatskey Far East Area Insurance Industry Leader Tel: +852 2849 9308
