Contracts with participating features remained central to the IASB’s discussions as it presented an education session in March.
The Board continued to discuss whether, and in what circumstances, adaptations may be needed to the general insurance contracts model to accommodate such contracts.
It focused on three key issues that were identified in previous education sessions. The staff did not ask for any decisions.
For each question above, this newsletter summarises the staff recommendations and discussions with Board members, and highlights key differences from alternative proposals made in November 2014 by the European CFO Forum.
The Board's discussions are ongoing. We currently expect it to complete its deliberations in 2015, and to release a final standard in early 2016.
Visit our IFRS – Insurance hot topics page for the latest developments in the insurance contracts project.
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