Description: This article highlights some key implications for onerous contracts under IFRS 17.

Description: This article highlights some key implications for reinsurance contract held and loss-recovery component IFRS 17.

Description: This session at the SOA 2004 Annual Meeting covers the status of recent developments in international accounting standards for insurance, including Phase 1 for insurance companies, the IASB's likely direction for Phase 2, related activities of the International Actuarial Association, and company implementation issues.

Description: Insurers buy reinsurance for a variety of reasons, but an insurer’s accounting rules and solvency regulations are inevitably at the heart of the decision. Whether they are primary drivers or simply help insurers judge acceptable pricing for a risk- or service-motivated transaction, these rules and regulations are a key part of the equation.

Description: Feature article discussing the actuarial response to the global financial crisis and the actuary’s influence on IFRS.

Description: Feature article discussing accounting for embedded derivatives.

Description: This session at the SOA 2004 San Antonio Spring Meeting looks at recent developments in international accounting standards for insurance including practical considerations and 'investment contract' accounting.

Description: This article provides an overview on one of the most budget-, resource- and time-consuming components in an insurers’ IFRS 17 implementation journey in Asia – the Subledger implementation. This article covers the key functionalities of a subledger system, as well as the important lessons learned during the implementation processes.

Description: Presenters examine some of the difficulties created by the absence of worldwide generally accepted accounting principles. Topics covered: 1. The need for worldwide Generally Accepted Accounting Principles, accounting, and reserving standards. 2. The work being done by the International Accounting Standards committee and the International Organization of Securities Commissions.

Description: Feature article asking seven questions raised by the IASB’s and FASB’s recent changes to the insurance contracts accounting standard.