The American Institute of CPAs’ Financial Reporting Executive Committee has proposed two working drafts of accounting issues for insurance entities to offer them guidance on implementing the Financial ...

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, ...

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 ...

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, ...

Financial reporting for insurance companies that issue long-duration contracts will change under an accounting standard issued by FASB. The targeted changes to the current reporting model affect ...

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 ...

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 ...

The July issue of Best’s Review includes a ranking of the top global brokers and provides coverage of insurance accounting: “Top Global Insurance Brokers – 2025 Edition” provides a ranking of the top ...

For those accounting firms that embrace wealth management, the focus of their efforts, many times, is on asset management. There are a number of reasons for making investment advisory services central ...

MALVERN, Pa.--(BUSINESS WIRE)--The Insurance Accounting & Systems Association (IASA) has opened registration for IASA Xchange™ 2026, its annual conference and tradeshow for insurance professionals ...

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 ...