The International Accounting Standards Board (IASB) met on 26 September 2012 to continue its discussions on proposals for insurance contracts accounting. Although the deliberations on the project are not complete, in the interest of providing greater certainty to the market and given the late stage of the deliberations, the Board considered the need to re-expose its proposals. The Board concluded that the proposals should be re-exposed with feedback being sought only on a limited range of questions.