IFRS Insurance Webcast

When Feb 21, 2019
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Timezone UTC - 5
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Join us on Thursday, February 21, for the latest updates and developments on IFRS 17 following the IASB's meeting on February 7.

During the meeting, the IASB discussed a further four of the 25 issues and implementation challenges regarding the Standard that were identified in October 2018 as candidates for potential amendments:

  • Loans that transfer significant insurance risk;
  • Transition: Optionality and comparative information;
  • Transition: Risk mitigation option and amounts accumulated in other comprehensive income on transition; and
  • Transition: Modified retrospective approach.

The Board tentatively agreed to amend the Standard on the concern arising from the accounting under IFRS 17 of loans that also transfer significant insurance risk. The Board also introduced one additional simplification for the modified retrospective approach. All of the other concerns resulted in no amendments to IFRS 17.

Join Francesco Nagari, Deloitte's Global IFRS Insurance Leader and a member of the IFRS 17 TRG, on Thursday, February 21, for a summary of the Board's discussion and decisions. At the end of the webcast, participants are invited to join in a live Q&A session.

Join online: https://meet.deloitte.com.hk/hkmeetingsupport/FHDTBC67

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