IASB: insurance contracts

Comments from ACCA to the International Accounting Standards Board, 30 November 2010.

ACCA is pleased to respond to the above exposure draft (ED). The ED was considered by ACCA's Financial Reporting Committee and the views expressed in this letter take into consideration the conclusions of the Committee. These conclusions were informed by a sub-group of ACCA members who work in the insurance industry across a number of jurisdictions.