Accounting - IASB rejects liquidity premium measure

News

The International Accounting Standards Board (IASB) has rejected enacting the US Financial Accounting Standards Board (FASB) proposals on 'Other Than Temporary Impairments' (OTTI) in the course of setting out its plans for a comprehensive review of its own impairment guidelines, IAS 39.

The FASB set out in staff position FSP 124-2 measures to enable bodies submitting accounts under US law to split reductions in certain loan asset values - including corporate bonds held against long-term

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The future of life insurance

As the world constantly evolves and changes, so too does the life insurance industry, which is preparing for a multitude of challenges, particularly in three areas: interest rates, regulatory mandates and technology (software, underwriting tools and…

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