The Revised ASOP No. 11: Understanding Important Changes
The revised ASOP No. 11, Treatment of Reinsurance or Similar Risk Transfer Programs Involving Life Insurance, Annuities, or Health Benefit Plans in Financial Reports, takes effect Dec. 1, 2022. The presenters, who participated in the revision, discussed why the standard was revised and highlighted changes practitioners need to be aware of, including the expanded scope and new and expanded guidance on financial reporting aspects of nonguaranteed reinsurance elements, retained risks, modeling, counterparty risk, and health benefit plans.
Event Date
May 12, 2022 1:00:00pm
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