Insurance Contracts - IASB
At its meeting on January 20-22, 2015, the IASB discussed transition reliefs in the light of the fact that the earliest possible effective date of the new insurance contracts Standard will be after the mandatory effective date of IFRS 9, Financial Instruments, including tentatively deciding not to consider deferring the mandatory effective date of IFRS 9 for entities that issue insurance contracts. The IASB will continue its discussions on the Insurance Contracts project at future meetings.
Review the IASB Update.