Deloitte comment letter on tentative agenda decision on premiums receivable from an intermediary

Published on: 18 May 2023

We have commented on the IFRS In­ter­pre­ta­tions Committee's pub­li­ca­tion in the March 2023 IFRIC Update of the tentative agenda decision (TAD) not to take onto the Committee’s agenda the request about how an entity that issues insurance contracts (insurer) applies the requirements in IFRS 17 and IFRS 9 to premiums receivable from an intermediary.

We agree with the analysis provided in the TAD and the IFRS Interpretations Committee’s decision not to add this item onto its agenda. However we would suggest that the penultimate sentence of the TAD, which states why the request was not added to Committee’s agenda, should be more closely aligned with the criteria established in paragraph 5.16 of the IFRS Foundation Due Process Handbook.


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