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, ...

Advanced, interactive digital tools provide enhanced user experience and greater depth of data analysis and insights The advanced cloud-based interface automates and streamlines insurance accounting ...

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, ...

The biggest overhaul of insurance accounting in 30 years advanced a step on Thursday with the release of a proposal that some insurers fear could make their profits more volatile. In a move to align ...

A representative in charge of investor relations (IR) at a major domestic non-life insurance company recently received a call from Morgan Stanley. The content was that the accounting treatment method ...

The financial complexity and sophistication of the insurance industry make it an exciting place for accountants and financial professionals to work. “Insurance companies, by virtue of having thousands ...

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 ...

SACRAMENTO, Calif.--(BUSINESS WIRE)--Inszone Insurance Services, a rapidly growing, national provider of benefits, personal and commercial lines insurance, announced today the acquisition of Trucking ...

Taiwan’s life insurers proposed changes to accounting rules that will cut annual hedging costs by an estimated NT$90 billion ...