Long-duration targeted improvements to US GAAP webcast series
The insurance industry faces new challenges from new GAAP accounting rule ASU 2018-12 for long-duration contracts. Industry earnings will become more volatile based on changing estimates of future mortality rates and other economic factors. Equity levels may take a hit at transition as well. As the new rule is more than just an accounting change, insurance companies will have to implement changes across functions, including actuarial, finance, financial planning and analysis, investor relations and IT.
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04 Episodes
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(Event List - Manual)
GAAP long-duration targeted improvements: five key updates for insurers
In this webcast, panelists discuss market updates, as well as the impacts of COVID-19 on the industry.
Webcast
CPE credits: 1.0
Time
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your local time
Presenters
Strategic considerations for FASB updates to long-duration insurance contracts
Strategic considerations involved with the transition to Financial Accounting Standards Board (FASB) Accounting Standard Update 2018-12 (ASU 2018-12).
Webcast
Time
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Implementation considerations for FASB updates to long-duration insurance contracts
Implementation considerations involved with the transition to Financial Accounting Standards Board (FASB) Accounting Standard Update 2018-12 (ASU 2018-12).
Webcast
Time
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your local time
Presenters
Chad R. Runchey
EY Americas Insurance Financial Performance & Risk Leader
FASB’s targeted improvements to long-duration insurance contracts
How Financial Accounting Standards Board’s (FASB) Accounting Standard Update (ASU) 2018-12 impacts long-duration insurance contracts.
Webcast
Time
-
your local time
Presenters
Chad R. Runchey
EY Americas Insurance Financial Performance & Risk Leader
