Insurance webcast 82 — The IASB publishes Amendments to IFRS 17 'Insurance Contracts'
Published on:
13 Jul, 2020
![Insurance webcast 82 — The IASB publishes Amendments to IFRS 17 'Insurance Contracts' Image]()
This webcast on the amendments to IFRS 17 discusses the following:
- Why the IASB amended IFRS 17
- Key amendments to IFRS 17:
- New effective date
- New accounting for insurance acquisition cash flows
- New CSM allocation relating to investment services
- Substantial improvement of the accounting for reinsurance held (cedant's accounting)
- Substantial improvement of the risk mitigation option (a.k.a. VFA hedge accounting)
- Other amendments impacting several areas of IFRS 17:
- VFA classification moves to an individual contract basis
- Additional information on the Amendments to IFRS 17.
The webcast recording can be viewed above, or launched in a separate window by clicking here.
