This site uses cookies to provide you with a more responsive and personalised service. By using this site you agree to our use of cookies. Please read our cookie notice for more information on the cookies we use and how to delete or block them.

Insurance Accounting Newsletter — Issue 26, August 2012

Published on: 05 Sep 2012

This edition is titled The 'OCI solution' is in and convergence is increasingly out.

The IASB and US Financial Accounting Standards Board (FASB) have delivered the key components of a so called 'OCI solution' that would keep current value measures on the balance sheet of insurers and uses equity (via the OCI) to recognise interest rate short term fluctuations.