IASB 10 February 2010
10 February 2010
The boards discussed the accounting for reinsurance contracts by both the reinsurer (principally its obligations) and the cedant (its reinsurance assets-recoverables on business written).
IASB January 2010
19 January 2010
The boards discussed the following topics measurement and risk adjustments, day-one losses, the treatment of the residual margin and policyholder behaviour.
IASB 5 January 2010
05 January 2010
The boards discussed whether to account for insurance, investment and service components included in an insurance contract as if those components were separate contracts, presentation of the performance statement and derivatives embedded within a host insurance contract.
IASB / FASB December 2009
16 December 2009
The staff provided the boards with a summary of reasons why this project has been pursuing an approach that measures insurance liabilities by reference to future cash flows, rather than an approach that applies the principles being developed in the project on revenue recognition.
IASB November 2009
17 November 2009
The boards discussed participating features in insurance contracts. Staff presented two views on how to deal with such contracts:
IASB / FASB October 2009
28 October 2009
The Boards discussed whether the scope of the insurance contracts project should address all policyholder accounting rather than only the accounting for the cedant in a reinsurance contract.
IASB October 2009
20 October 2009
The Board discussed whether an insurer should recognise and measure the components of a contract as if they were separate contracts (unbundling). Particularly, the Board considered an approach for unbundling based on the notion of interdependence between different components of an insurance contract.
IASB Septemebr 2009
18 September 2009
The Board discussed the two remaining candidate measurement approaches for insurance contracts:
IASB / FASB July 2009
23 July 2009
The boards discussed the list of candidate measurement approaches for insurance contracts. The boards also discussed acquisition costs.
IASB July 2009
22 July 2009
The Board discussed which of the two remaining candidate measurement approaches for insurance contracts should be selected: