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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. 

Related topics

Financial services Insurance Accounting change

03 Episodes

Webcast Series

Moderators

Doug French, Chad Runchey

Webcast replays

(Event List - Manual)

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
- your local time

Presenters

Doug A. French

EY Americas FSO Finance Performance and Risk Leader, EY Americas FSO Insurance and Actuarial Advisory Services Leader

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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
- your local time

Presenters

Chad R. Runchey

EY Americas Insurance Advisory; Principal Ernst & Young LLP

Full details

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 Advisory; Principal Ernst & Young LLP

Full details

Browse additional resources to help with a coordinated response to ASU 2018-12.

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