Sunday 23 November 2014

Presentation at Bahrain Insurance Association seminar - IFRS 4 ED

“A WORKSHOP WAS JOINTLY ORGANISED BY THE BAHRAIN INSURANCE ASSOCIATION FINANCE COMMITTEE (BIA) AND KPMG ON IFRS-4 RE-EXPOSURE DRAFT AT THE GULF HOTEL ON THE 24th OF OCTOBER, 2014.BIA MEMBER COMPANIES; SENIOR FINANCE PROFESSIONALS FROM THE INSURANCE AND REINSURANCE SECTOR COMPANIES PARTICIATED IN THE EVENT”.
This workshop highlighted the following Agenda :
  • Background and overview of the insurance contract project.
  • Separating non-insurance components .
  • Recognition, de-recognition and contract modifications .
  • Measurement models .
  • Reinsurance .
  • Business combinations and portfolio transfers .
  • Presentation .
  • Disclosures .
  • Transition.

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