The Financial Accounting Standards Board released a long-awaited accounting standards update Wednesday to improve the financial reporting for insurance companies that issue long-duration contracts, ...
The American Institute of CPAs’s Financial Reporting Committee released working drafts Monday of two pieces of implementation guidance for the Financial Accounting Standards Board’s long-duration ...
Insurance companies must save a certain percentage of the premiums they receive to pay for claims. The amount set aside, the reserves, must be enough should a large group of policyholders experience a ...
Discover the core differences between accountants and actuaries, including qualifications, job roles, salaries, and industry ...
After a decade and a half of hoping, life insurance companies are finally seeing an increase in interest rates that improves yield on assets they can purchase, but carriers might be afraid to exchange ...
Drilled into the head of every accounting student are the generally accepted accounting principles, or GAAP, that govern the process of accounting. These principles form the foundation on which ...
EZLynx Integration Brings Greater Accuracy and Efficiency to Insurance Accounting SCOTTSDALE, ARIZONA / ACCESS Newswire / December 11, 2025 / Insurance Accountants announces an expanded set of ...
New international accounting rules could affect the island’s insurance industry as much as European Union Solvency II requirements, a professional services firm said yesterday. Now PwC is to hold a ...
The International Accounting Standards Board on Thursday issued its latest draft of proposed new rules for accounting for insurance contracts. New rules on insurance accounting are expected to make ...
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