Wednesday 22 May 2013
2 Insurance Contracts: Cover note
2A Insurance Contracts: Permission to ballot a targeted revised Exposure Draft on accounting for insurance contracts
2B Insurance Contracts: Overview of the Board's proposals
2C Insurance Contracts: Comparison of the IASB's tentative decisions to the comment letter summary
2D Insurance Contracts: Summary of comment letters on the IASB ED Insurance Contracts
2E Insurance Contracts: Transition for contracts acquired through a business combination
2 Cover note: Background information and progress report
2A Insurance Contracts: Allocation of insurance contract revenue—change in pattern of expected claims
2B Insurance Contracts: Considering the transition proposals in the light of subsequent decisions on insurance contracts revenue
2C Insurance Contracts: Sweep issues
2 Cover note
2A Unlocking the residual margin
2B Proposals relating to the margin for participating contracts
2C Impairment of reinsurance contracts held by insurer
2D Update on FASB meetings held in November 2012
2A Discount rate - contracts whose cash flows to which mirroring does not apply but are affected by expected asset returns
3 Cover note
3A Presentation and disclosures - proposed drafting
3B Presentation and disclosures - presentation of insurance contracts in the financial statements
3C Presentation and disclosures - disclosures relating to participating contracts, earned premium presentation and transition
3E Fieldwork - planning
2A Presentation in statement of comprehensive income - comparison of methods
2B Presentation in statement of comprehensive income - non-claims fulfilment costs
2C Presentation in statement of comprehensive income - acquisition costs
2D Premium allocation approach - discount rate follow-up
2F Overview of decisions on participating contracts
10 Cover note
10A Adaptations for the measurement of financial instruments with discretionary participation features
10B Transition - overview and proposed drafting
10C Redesignation and reclassification of financial assets
10D Transition - ancillary issues
10E Transition - effective date, comparative financial statements and early application
10F An introduction to agenda paper 2A/90A
2A Acqusition costs - accounting in the pre-coverage period
2B Transition Requirements
2C Transition: Determination of the discount rate
16 Cover note
16A Reporting back on FASB July/ Aug meetings
16B Residual Margin - Accretion of Interest
16C Residual Margin - Rate of Accretion of Interest
16D Review draft or re-expose
16E Due process summary for the insurance contracts project
16F Disclosures: Overview and proposed drafting
16G Disclosures: Staff analysis
Cover note
2: Update from Insurance Working Group meeting on 25 and 26 June 2012
2A Unbundling - allocation of cash flows
2B Background to 2C - Presentation of Premiums and Earned premium approach
2C Methods for determining earned premium
2D Timing of recognition of acquisition costs and related premiums
2B Acquisition costs - The story so far
2C Acquisition costs - In the BBA
2D Acquisition costs - In the PPA
2E Unbundling Investment Components
2F Separation of components in Insurance Contracts, Summary of Tentative decisions so far
2G Summary of questions and staff recommendation for use of OCI
2H Background on use of OCI
2I Use of OCI for presenting changes in specified assumptions
2J Mechanics of OCI in presenting changes in specified assumptions
2K Loss recognition test
2L Examples to illustrate the use of OCI
2M Additional background to use of OCI
14 Cover note
14A ED session - Use of OCI
14B Use of OCI - Interaction of FI Classification and Measurement
14C Should IASB change its tentative decision on risk adjustment and residual margin
2A Background to use of OCI
2B The use of OCI for presenting changes arising from changes in specified assumptions
2C The mechanics of use of OCI
2D Loss recognition test
2E Examples to illustrate the use of OCI
2F Additional Topics on Reinsurance
2G Contract Modifications
2H Riders and Policy Loans
2I Single margin approach
2A Unit of account - portfolio
2B (ED session) Recognition of changes in liability in OCI - Background
2F Separation of Investment component from Insurance contract - Background
2G Separation of Investment component from Insurance contract - Determining Aggregate Premium for the Insurance component
2H Separation of Investment component from Insurance contract - Presentation in SoFP
3A Onerous contracts
3B Onerous contracts - implications of tentative decisions
3C Measurement of liabilities for infrequent high-severity events
3D Unbundling goods and services
3E PAA: amendments to the Jan staff recommendations on eligibility and mechanics
3F PAA: eligibility criteria
3G PAA mechanics
3H PAA IASB staff recommendations on eligibility
3I PAA FASB staff recommendations on eligibility
14A Background to Discretionary Participating Feature (DPF) contracts
14B DPF - Applicable standard analysis
14C DPF - Proposed definition
2A PAA eligibility
2B PAA mechanics
7 Cover note
7A Definition of a portfolio of insurance contracts
7B Unit of account - Residual/single margin and onerous contracts
7C Unit of account - Risk adjustment
7D Onerous contracts
7E Measurement of Contracts with Policyholder Participation: the Story so Far
7F Options and guarantees embedded in Insurance Contracts
7G Cash flows that existing contracts require to be paid to future policyholders
7H Discounting liability for incurred claims
6 Cover note
6A changes in estimates adjust residual margin
6B Residual margin: 2 approaches
6C Allocation of the residual margin
6D Interest accretion on residual margin
9 Cover note
9A Disaggregation of explicit account balances
4 Cover note
4A Scope: Fixed fee service contracts
4B Short duration contracts - eligibility criteria
4C Presentation - statement of financial position
4D Presentation - statement of comprehensive income
3A Report back on FASB single margin discussions
3B Risk adjustment: objective and disclosures
3C Risk adjustment: techniques and inputs
3D Disclosures
8 Cover note
8A Premium allocation approach: overview
8B Premium allocation approach: a simplification model of the building block approach
8C Premium allocation approach: a 2 model solution
3A Statement of comprehensive income
3B Whether to unlock the residual margin
3C How to unlock the residual margin
3D Allocation of the residual margin
3E Acquisition costs revisited
3F Cross-cutting considerations on acquisition costs
3A Reinsurance
3A Risk adjustment: the story so far
3B Risk adjustment: useful financial information
3C Risk adjustment: techniques to meet the objective
3D Risk adjustment: comparability and verifiability through disclosure
3E Composite margin - overview
3F Composite margin - conceptual analysis
3G Composite margin- profit realisation
3H Risk adjustment or composite margin?
3J Reinsurance
3K Composite Margin - A Comparison to Risk Adjustment
5 Cover note
5A Participation features - topic overview
5B Measurement of Policyholder Participation
6A Asset backing insurance contracts
6B Presentation - eliminating accounting mismatches
6C Practical implications of using OCI for changes
6D Illustrative examples for use of OCI
1 Cover note
1C Background material on unbundling
1D Unbundling goods and services
1E Unbundling investment components
1 Short duration contract modified approach
5 Taking stock
5A Top down approaches to discount rates
1A Considerations in unlocking the margin
12 Cover note
12A Explicit risk adjustment - (Tony Coleman) ed session
12B Explicit risk adjustment - (Mark Swallow) ed session
12C Contract boundary
12D Objective of the risk assessment
12E Discounting for ultra long duration cash flows
12F Unbundling - overall considerations
12G Bifurcation of embedded derivatives
3A Alternative presentation models (ed session)
3B Risk adjustment education sessions cover note
3C Explicit risk adjustment - Jo Oechslin (ed session)
3D Definition of an insurance contract
3F Discount rate for participating contracts
3G Practical expedient for the discount rate
3H Objective of the risk assessment (ALR rate) - ed session
3I Timing of initial recognition
2A Locking in the discount rate
2B Discounting non-life contract liabilities
2D Scope
2E Financial guarantee contracts (IASB only considerations)
2F Field test preliminary report
2G Follow up on acquisition costs
2I Uncertainty session
3A Project assumptions
3B Day one gains and losses
3D Discount rate for non-participating contract (alternative constructs for the discount rate)
3F Cash flows: measurement and costs inclusion
3G Risk margin provides useful information
3H Unbundling (ed session)
3I Unbundling (ed session)
3J Unbundling on insurance contract
3K Refresher of presentation models (ed session)
3L Unlocking residual margin (ed session)
3M Unlocking residual margin (methods of unlocking) - ed session
3B Acquisition costs
3A Education session on top-down approaches
3B Education session on top-down approaches
3C Education session on top-down approaches
3D Education session on top-down approaches
3E Comment letter summary on ED and DP
3F Comment letter summary on ED and DP
7B Proposed measurement model
7C Outreach summary