Following the issue of the final IFRS 17 Insurance Contracts accounting standard in May 2017, there has been much debate in the insurance industry on how to interpret and apply the requirements of the standard. This talk will give an update on the latest TRG and IASB discussions and areas of current industry debate and uncertainty. This will include discussion on the following topics: 1. CSM amortisation 2. VFA eligibility 3. Dual CSMs 4. Fulfilment expenses and 5 Lifetime mortgages.
Speakers: Lucinda Parlett and David Hollliday, KPMG