Description: The SOA added a new title to its book offerings: International Financial Reporting for Insurers (IFRI) (available in print and digital editions). The article describes the salient features of the work, which presents a comprehensive analysis of the fundamentals outlined in key International Financial Reporting Standards® (IFRS®).

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

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

Description: A Discussion Paper issued by the IASB in May 2007, contains the IASB’s preliminary views on the various recognition and measurement components considered in accounting for insurance contracts and identifies issues that are still under consideration. This article summarized the main proposals in the Paper and emphasizes those issues where the views of the IASB are not uniformly accepted.

Description: Article discussing the International Actuarial Association's meeting in November 2008.

Description: Feature article discussing the adoption of IFRS by most countries. Emphasis is placed on the number of accounting and actuarial organizations that have a say in the development of the rules and standards for IFRS.

Description: A roundtable discussion of the new international accounting standards and the possible implications for all insurers.

Description: This article provides an update of the intense recent activity around the International Accounting Reporting Standards including the release of IFRS 4, the creation of the European Financial institution advisory group, exposure draft guidance for actuaries involved in financial reporting and the Penrose report focusing on the problems of U.K. Equitable Life.