Insurance Contracts
Date recorded:
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.
