IASB: Insurance nearing the end of re-deliberations?

The insurance standard is due to go into the final stages of preparation in a few weeks, according to a staff paper tabled at the January meeting of the IASB. The board had an intensive debate about how to specify the level of aggregation to be used in accounting for insurance contracts. It worked on discount rates, gave permission for the IFRS 15 amendment to be balloted, and kicked down the road a decision on how to measure the fair value of an investment.