About this document
FR 2018 Iss112 CHNG Cheung Yu by Abdelrahman El-shafaee is a document available to read on EtoBox.
The article discusses the introduction of IFRS 17 Insurance Contracts by the IASB, which replaces IFRS 4 to establish a consistent accounting model for insurance contracts globally. It details the general model and the variable fee approach (VFA) specifically for contracts with direct participation features, outlining eligibility criteria and key differences between the general model and VFA. The article also highlights considerations for life insurers regarding the assessment of VFA eligibility and provide
- Author
- Abdelrahman El-shafaee
- Language
- EN