MALVERN, Pa.--(BUSINESS WIRE)--The Institutes, a not-for-profit comprised of diverse affiliates that educate, elevate, and connect people in the essential disciplines of risk management and insurance, ...

The Financial Accounting Standards Board released a long-awaited accounting standards update Wednesday to improve the financial reporting for insurance companies that issue long-duration contracts, ...

Move to Ind AS 117 framework will modernise how insurers report long-term profits and liabilities without altering existing ...

The American Institute of CPAs’ Financial Reporting Executive Committee has proposed two working drafts of accounting issues for insurance entities to offer them guidance on implementing the Financial ...

Insurance companies must save a certain percentage of the premiums they receive to pay for claims. The amount set aside, the reserves, must be enough should a large group of policyholders experience a ...

More than half of the 56 insurance firms operating in Kenya were fined for regulatory breaches, including missed reporting ...

For those accounting firms that embrace wealth management, the focus of their efforts, many times, is on asset management. There are a number of reasons for making investment advisory services central ...

After a decade and a half of hoping, life insurance companies are finally seeing an increase in interest rates that improves yield on assets they can purchase, but carriers might be afraid to exchange ...