IASB issues IFRS 17 Insurance Contracts ending 20-year project
18 May 2017·1 min read
IASB has finalised IFRS 17 Insurance Contracts, bringing to a close a two‑decade effort to replace the interim IFRS 4 regime and impose a single, current‑value model for insurance accounting. The new standard applies to insurance and reinsurance contracts issued, reinsurance contracts held, and certain investment contracts with…
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