Global Standards for the world economy

Thursday 27 April 2017

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Insurance Contracts

IASB Meeting Summaries and Observer Notes

 IASB / FASB July 2011



The IASB and FASB continued their discussions on insurance contracts. They received an oral report on recent investor outreach activities and considered when insurers should apply the premium allocation approach to short-duration contracts. No decisions were made.

Next steps

Both boards expect to continue their discussion of insurance contracts in September 2011.

Date: 7/21/2011