Description: This article describes changes to financial reporting for variable annuities under US GAAP, IFRS and Statutory regulations, and implications for hedging.

Description: This article describes the draft guidance for the treatment of reinsurance by the IASB and FASB. It analyzes several alternative potential approaches to recognizing gains and losses from reinsurance from the perspective of the ceding company.

Description: Feature article giving an update on the International Standards of Actuarial Practice and International Actuarial Notes.

Description: Describes current developments in the IASB's Insurance Contracts Project.

Description: Column from section chairperson describing upcoming events pertinent to the Financial Reporting Section.

Description: Standards for accounting for pension and post-retirement plans around the world are changing. The ultimate goal is a global standard to replace International Accounting Standard 19 IAS 19. The changes in the United States to reflect the global standard fall under their Statements of Financial Accounting Standards SFAS.

Description: Second article in a series on pension accounting changes. This article will concentrate on updating the status of global convergence in Canada and also look at changes proposed in the International Accounting Standard, IAS 19.

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: One major feature of the OECD's two-pillar regime is that MNEs would base the calculation of taxes due on book-based financial statements. The article provides a summary of how these rules operate along with suggested actions insurers can take today to prepare for timely compliance.