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Fourth meeting of the IASB’s IFRS 17 Transition Resource Group
This publication contains a summary of the fourth meeting of the IASB’s IFRS 17 Transition Resource Group (TRG).
The TRG discussed one IASB staff paper addressing questions related to investment components. The staff will propose an amendment to IFRS 17 Insurance Contracts to clarify that an investment component is present when a contract requires an entity to repay an amount back to a policyholder in all circumstances. IASB staff responses to 37 further issues raised were summarised and reported to the TRG in a second paper.