Insurers and reinsurers are taking umbrage with the findings of a new paper that measures life and non-life insurance liabilities.
The backlash, spearheaded by the Group of North American Insurance Companies (GNAIE), expressed concerns because the paper—“The Role of Risk Margins in a Fulfillment Accounting Objective,” by Sam Gutterman, may influence joint discussions on insurance contracts of the International Accounting Standards Board (IASB) and the Financial Accounting Standards Board (FASB).
Register or login for access to this item and much more
All Digital Insurance content is archived after seven days.
Community members receive:
- All recent and archived articles
- Conference offers and updates
- A full menu of enewsletter options
- Web seminars, white papers, ebooks
Already have an account? Log In
Don't have an account? Register for Free Unlimited Access