Webcast: Latest Developments on the IASB Exposure Draft Affecting Insurance Contracts
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On July 30, 2010, the International Accounting Standards Board (IASB) issued an exposure draft of a comprehensive standard that will fundamentally change the accounting by insurers and other entities that issue contracts with insurance risk. The proposed standard will replace IFRS 4, which currently permits a variety of practices in accounting for insurance contracts and will have numerous implications to Canadian insurers. This Insurance Club EyeOpener discusses what Canadian insurers need to know to prepare for this change.
- Alodie Brew – National Insurance IFRS leader
- Leigh Chalmers – Partner, Audit and Assurance Group
- Marco Fillion – Director, Audit and Assurance Group
- Sam Gutterman – Director and Consulting Actuary, PwC (US)
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