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In July 2017, the IFRS Foundation and the Canadian Accounting Standards Board co-hosted an educational webinar on IFRS 17 Insurance Contracts tailored to investors.

In this recording of the webinar, Stephen Cooper, member of the International Accounting Standards Board:

  • explains why IFRS 17 was developed;
  • illustrates how IFRS 17 works using examples of what an insurer’s income statement and balance sheet could look like under IFRS 17, as well as the roll-forward of the insurance contract liability by its components;
  • summarises the benefits of IFRS 17; and
  • answers questions submitted by investors during the webinar.

The webinar is available here or on our YouTube channel.