Articles tagged "IFRS 17"

An update from the Premium Allocation Approach work stream

Here, Brendan Counsell of the Institute of Actuaries’ AASB 17 Implementation Taskforce provides an update on the ‘premium allocation approach’, or PAA to assist Australian actuaries involved in implementing the new accounting standard. 

AASB 17 Insurance Taskforce Update – September 2017

The previous AASB 17 Insurance Taskforce update on insurance contract accounting implementation looked at the BBA Drafting Group and particularly focused on the issue of coverage units. This time, its focus falls on the Variable Fee Approach (VFA) work-stream, headed by David Rush.

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