Archive

  • FASB issues proposals to smooth LDTI transition accounting

    19 July 2022

    Authority seeks to exclude transactions that have been "derecognised" from new rules

  • FASB agrees to delay LDTI by one year

    02 October 2020

    Consultation received overwhelming support for deferral

  • FASB formally proposes LDTI delay

    09 July 2020

    Deadline for comments is 24 August

  • FIS: LDTI delay would boost smaller insurers' transformation

    15 June 2020

    Insurers need to review continuity plans from Covid-19 disruptions, the firm says

  • US to delay life accounting standard because of Covid-19 disruption

    10 June 2020

    FASB agrees one-year deferral for adoption of LDTI

  • FASB formally proposes delaying LDTI by one year

    21 August 2019

    Accounting body sets out consultation paper with final vote after September

  • FASB votes to delay LDTI, CECL accounting standards

    19 July 2019

    Accounting body responds to market pressure

  • FASB votes to curtail convergence with IASB

    25 February 2014

    Accounting board limits the scope of its project on insurance contracts

  • FASB/IASB inconsistencies pose risks to insurers

    12 December 2013

    Moody's warns of high implementation costs and poor understanding of new accounting standards

  • Insurers face "biggest ever" financial reporting change

    21 June 2013

    Third draft of international standard on insurer accounting released