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FASB agrees to delay LDTI by one year
Consultation received overwhelming support for deferral
FASB formally proposes LDTI delay
Deadline for comments is 24 August
FIS: LDTI delay would boost smaller insurers' transformation
Insurers need to review continuity plans from Covid-19 disruptions, the firm says
US to delay life accounting standard because of Covid-19 disruption
FASB agrees one-year deferral for adoption of LDTI
LDTI delay in the US will help insurers, says Oracle
Data remains a significant challenge for insurers moving to the new standard
FASB votes to delay LDTI, CECL accounting standards
Accounting body responds to market pressure
Costs to implement accounting standards soar
Predicted budget to meet IFRS standards is now $25m-50m