| Title | Description |
| IASB Meeting December 2018 | This link contains all board papers pertaining to IFRS 17 discussed at the the IASB meeting in December 2018 |
| IASB Meeting January 2019 | This link contains all board papers pertaining to IFRS 17 discussed at the IASB meeting in January 2019 |
| IASB Meeting February 2019 | This link contains all board papers pertaining to IFRS 17 discussed at the IASB meeting in February 2019 |
| IASB Meeting March 2019 | This link contains all board papers pertaining to IFRS 17 discussed at the IASB meeting in March 2019 |
| IASB Meeting May 2019 | This link contains all board papers pertaining to IFRS 17 discussed at the IASB meeting in May 2019 |
| IASB Meeting December 2019 | This link contains all board papers pertaining to IFRS 17 discussed at the IASB meeting in December 2019 |
| IASB Meeting January 2020 | This link contains all board papers pertaining to IFRS 17 discussed at the IASB meeting in January 2020 |
| IASB Meeting February 2020 | This link contains all board papers pertaining to IFRS 17 discussed at the IASB meeting in February 2020 |
| IASB Meeting March 2020 | This link contains all board papers pertaining to IFRS 17 discussed at the IASB meeting in March 2020 |
| IASB Meeting May 2020 | This link contains all board papers pertaining to IFRS 17 discussed at the IASB meeting in May 2020 |
| IASB Meeting Aug 2021 | Scope Amendment to IFRS 17 Transition Requirements - In July 2021, the IASB proposed a narrow scope amendment to the transition requirements in IFRS 17. This amendment allows insurers to address a mismatch that can arise when IFRS 9 is not reflected in the accounting for financial assets in the prior periods presented when IFRS 17 and IFRS 9 are first applied. |
| IFRS Interpretations Committee June 2022 |
On 15 June 2022, the IFRS Interpretations Committee (the IFRS IC) agreed to finalise the agenda decision related to the submission on transfer of insurance coverage under a group of annuity contracts, considering the feedback from the comment letters received. The IFRS IC also considered a second submission related to the application of IFRS 17, ‘Insurance Contracts’, to multi-currency groups of insurance contracts.
1. Transfer of insurance coverage under a group of annuity contracts The submission set out two approaches for determining the services provided under a group of annuity contracts in each period, and asked whether those approaches meet the principle in IFRS 17 for reflecting insurance contract services provided under a group of insurance contracts. The IFRS IC agreed with the staff’s analysis of the comment letters received and, after deliberation, the Committee agreed to finalise the agenda decision, with some amendments to the wording. The IFRS IC concluded that the approach which considers the constant annual benefit is consistent with the principle in paragraph B119 of IFRS 17, while the approach which considers the present value of the current and future benefits is not. 2. Multi-currency groups of insurance contracts The submission asks the following questions: (a) how and when an entity determines the currency in which an individual insurance contract with cash flows in multiple currencies is denominated; (b) whether an entity is required to consider currency risk when assessing ‘similar risks’ for the purpose of identifying portfolios of insurance contracts; and (c) how an entity determines the currency in which the contractual service margin of a group of insurance contracts is denominated. After a comprehensive discussion, the Committee decided to issue a tentative agenda decision which addresses these questions. The tentative agenda will be subject to a public consultation, which is expected to be 60 days. |
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