Webcast: Insurance Contracts – IFRS 4 Revised Exposure Draft

Insurance Contracts - IFRS 4 Revised Exposure Draft

Insurance Club EyeOpener

Insurance Contracts – IFRS 4 Revised Exposure Draft

In June 2013, the International Accounting Standards Board (IASB) released for comment the new exposure draft on the accounting for insurance contracts reflecting its response to the comments received on the 2010 exposure draft.

For life insurers this represents a significant change from current accounting practices and for P&C insurers there are complexities that could have significant implications. This Insurance Club EyeOpener IFRS 4 Revised Exposure Draft examines how the requirements in the measurement model fit together and how the proposed standard will impact their financial statements, current business practices and investor communications, and assess the additional demands of the new model on resources, data and modelling systems.

PwC Speakers: