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Insurance Contracts

Date recorded:
GMT+1
Location:
London

The Board held an education session on non-life insurance contracts, focussing on discounting and risk margins. In particular, this session was with the Australian and Canadian members of the IASB's Insurance Working Group.

Accounting for (Non-Life) Insurance in Australia was presented by Tony Coleman and Andries Terblanche.

Phil Arthur and Jim Christie presented Non-Life Insurance Accounting: Canadian Perspective on Discounting and Use of Risk Margins.

No decisions were made.