insurance accounting Archives - Carrier Management

FASB Tables Convergence Efforts; What It Means for U.S. P/C Insurers

The Financial Accounting Standards Board announced in February that it will no longer pursue a full revamp of insurance contract accounting but instead will consider only targeted improvements. For ...

New Insurance Accounting Standards Are Coming: It’s Time to Get Ready

If you are like most insurance executives you are probably aware that changes are coming to insurance accounting, but you're probably not exactly sure what they are or why all this is happening. The ...

Insurance Industry Facing Accounting Overhaul in Line with Global Standards

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