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 (http://www2.deloitte.com/ca/en/legal/cookies.html) for more information on the cookies we use and how to delete or block them.
The full functionality of our site is not supported on your browser version, or you may have 'compatibility mode' selected. Please turn off compatibility mode, upgrade your browser to at least Internet Explorer 9, or try using another browser such as Google Chrome or Mozilla Firefox.

AcSB Insurance Transition Resource Group Meeting Notes – April 25, 2018

  • IFRS - AcSB Image

May 24, 2018

On May 24, 2018, the Accounting Standards Board (AcSB) released a summary of its Insurance Transition Resource Group meeting held on April 25, 2018.

The topics discussed at this meeting include:

  • Contract boundary for premium allocation approach
  • Reinsurance contract boundary
  • Educational materials
  • Boundary of reinsurance contracts held with repricing mechanisms
  • Combination of insurance contracts
  • Determining the risk adjustment for non-financial risk in a group of entities
  • Cash flows within the contract boundary
  • Determining the quantity of benefits for identifying coverage units
  • Implementation -challenges outreach report
  • Reporting on other questions submitted to the IASB Transition Resource Group for IFRS 17

Review the summary on the AcSB's website.

Correction list for hyphenation

These words serve as exceptions. Once entered, they are only hyphenated at the specified hyphenation points. Each word should be on a separate line.