Belgium

Details

  • Service: Audit, IFRS
  • Type: Business and industry issue
  • Date: 02/08/2013

New on the Horizon: Insurance contracts 

The IASB and FASB issued their targeted re-exposure drafts on insurance contracts in June, marking a major step forward towards implementing a common insurance reporting framework across much of the world.
New on the Horizon: Insurance contracts
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The proposals apply to all insurance contracts, including certain financial guarantees, rather than insurance entities, and to investment contracts with a discretionary participation feature (DPF) issued by insurance companies.
 

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