The Financial Accounting Standards Board’s (FASB) Accounting Standard Update (ASU) 2018-12 on long-duration insurance contracts, provides targeted improvements to current GAAP. This webcast is relevant to all insurers that issue long-duration contracts.
During this webcast we address:
- Changes to how insurers account for and make disclosures about long-duration contracts
- Implementation challenges of the guidance
- Implications on systems, operations and financial reporting
- Steve Belcher – Vice President and Global Head of the Technical Accounting Services practice, MetLife Inc.
- Rob Frasca – Executive Director, EY
- Jennifer Weiner – Partner, EY
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EY Americas Insurance Financial Performance & Risk Leader