International Solvency & Accounting Working Group Interim Meeting Materials
Aug 12, 2007
The following information is provided through the courtesy of Rob Esson and Dan Daveline of the National Association of Insurance Commissioners (“NAIC”) to interested parties of the NAIC’s International Solvency & Accounting Working Group:
An interim meeting of the International Solvency & Accounting Working Group will be held on Wednesday, August 22nd (full-day) and Thursday, August 23rd (half-day), at the NAIC headquarters in Kansas City. The purpose of this meeting will be to work on responses to the IAIS regarding their comment letter to the International Accounting Standards Board on the Discussion Paper entitled “Preliminary Views on Insurance Contracts.”
Attached are the following meeting materials:
1) Tentative Agenda;
2) NAIC Staff Draft Response Letter
3) Profit on Inception Memo
Please note that the draft response has been prepared by NAIC Staff as a means to facilitate discussion and should not be construed to represent the views of the Working Group, inasmuch as the interim meeting will represent their first discussion of a response on the discussion paper.
To review the entirety of “Preliminary Views on Insurance Contracts,” click here for Part One and here for Part Two.
Should you have any questions or comments, please do not hesitate to contact this office.