The Financial Accounting Standards Board is considering changes in the transition requirements for its long-duration insurance standard. FASB issued a proposed accounting standards update Thursday to ...
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 ...
TALLAHASSEE, Fla — State lawmakers are vowing to take a deep dive into Florida’s home insurance crisis. This comes after reports that insurance companies were moving billions of dollars to their own ...
To smooth the transition, Irdai has proposed parallel reporting under both Ind AS and Indian GAAP during the first year of ...
MALVERN, Pa.--(BUSINESS WIRE)--The Institutes, a not-for-profit comprised of diverse affiliates that educate, elevate, and connect people in the essential disciplines of risk management and insurance, ...
Move to Ind AS 117 framework will modernise how insurers report long-term profits and liabilities without altering existing ...
Apparently yielding to the global demand for a change in the basis for calculating Companies' Income Tax for insurance firms, the International Accounting Standards Board (IASB) has included liquidity ...
Insurance Accountants unveiled an AMS360 integration to support payment handling and reconciliation for independent insurance agencies. SCOTTSDALE, AZ, UNITED STATES ...
There's an old adage: "What you don't know can't hurt you." Nothing can be further from the truth when it comes to the subject of life insurance for accountants advising their clients. Processing ...
Blair Baldwin is the cofounder and CEO of Boundless Rider, an insurance startup focused on motorcycles, e-bikes and powersports vehicles. A few months ago, I received an email from an old friend who ...