Transition Resource Group debates IFRS 17 implementation issues - February 2018

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In transition , PwC US Feb 09, 2018

IASB's Insurance TRG holds its first meeting since issuance of IFRS 17.

Overview

At its first meeting held on February 6, 2018, the IFRS Transition Resource Group for Insurance Contracts (TRG) discussed several implementation issues related to the new accounting standard for insurance contracts, IFRS 17. The issues discussed related to separation of insurance contracts, contract boundary of insurance contracts and reinsurance contracts held, quantity of benefits for identifying coverage units, and the accounting for and presentation of insurance acquisition cash flows.

To have a deeper discussion, contact:

Donald Doran

Partner, National Professional Services Group, PwC US

Email

Marie Kling

Partner, National Professional Service Group, PwC US

Email

Mary Saslow

Managing Director, National Professional Service Group, PwC US

Email

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Matt Adams

Matt Adams

US Insurance Practice Leader, PwC US

David Schenck

David Schenck

US Insurance Tax Leader , PwC US

Richard de Haan

Richard de Haan

Global Actuarial Leader, PwC US

Mary Saslow

Mary Saslow

Managing Director, National Professional Service Group, PwC US

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