IASB/FASB Insurance Contracts Project - Meeting summaries
Insurers currently use a variety of different and largely inconsistent local approaches to measure the value of insurance contracts within their statutory financial statements which could make it difficult to compare companies and may fail to reflect the true economic value of insurance business, putting insurers at a considerable disadvantage when competing for capital.
The International Accounting Standards Board (IASB) is working alongside the US Financial Accounting Standards Board (FASB) to develop a harmonized IFRS for insurance contracts. You can also read more about FASB and IASB joint projects regarding US GAAP and IFRS convergence
Reference materials
Joint board meeting and education session summary notes
FASB/IASB Joint Board Meetings
- January 29-31, 2013
- November 20-21, 2012
- October 11 and 15-19, 2012
- September 20-26, 2012
- July 23-25 and August 1, 2012
- June 12-14, 2012
- May 16-24, 2012
- April 18-19, 2012
- March 7, 2012
- February 27-28, 2012
- December 15-16, 2011
- November 30, 2011
- October 20, 2011
- September 19, 2011
- July 21, 2011
- June 13-15, 2011
- May 31, 2011
- May 17-18, 2011
- May 11-12, 2011
- May 4, 2011
- April 27, 2011
- April 12, 2011
- March 29, 2011
- March 21-22, 2011
- March 14-15, 2011
- March 1-2, 2011
- February 16-18, 2011
- February 2, 2011
- January 18-19, 2011
- July 19, 2010
- June 23, 2010
- June 15-16, 2010
- June 10, 2010
- June 1, 2010
- May 18-19, 2010
- April 21-23, 2010
- March 22-24, 2010
- March 15-17, 2010
- February 10, 2010
- January 5, 2010
FASB Board Meetings
- March 6, 2013
- February 27, 2013
- February 20, 2013
- February 13, 2013
- February 6, 2013
- November 20, 2012
- November 7 and 14, 2012
- October 3, 2012
- September 5, 2012
- September 7, 2011
- February 3, 2011
- June 9, 2010
- May 5, 2010
- April 14, 2010
- January 27, 2010
- November 24, 2009
- October 28, 2009
- July 21, 2009
- May 18, 2009
- April 2, 2009
- February 25, 2009
FASB Education Sessions
- April 11, 2012
- February 8, 2012
- January 18, 2012
- April 28, 2010
- March 4, 2010
- February 9, 2010
- January 15, 2010
- October 22, 2009
- September 30, 2009
- September 24, 2009
- May 6, 2009
- March 26, 2009
- February 11, 2009
IASB Board Meetings
IASB Education Sessions