Financial Reporting

Life insurance and annuity topics that involve financial reporting, with an emphasis on GAAP and international issues.

Financial Reporting

Financial Reporting Resources

Comment / Letter

Committees Comment to FASB on Standard-Setting Agenda

The Financial Reporting Committee and Life GAAP Reporting Committee sent a letter to the Financial Accounting Standards Board (FASB) as a response to the invitation to comment regarding FASB’s…
Date Published: 06/30/2025
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Comment / Letter

Committee Submits Agenda Request to FASB on Funds Withheld and Modified Coinsurance 

The Life GAAP Reporting Committee submitted an agenda request to the Financial Accounting Standards Board (FASB) regarding the application of accounting guidance for funds withheld and…
Topics: Life
Date Published: 05/08/2025
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Comment / Letter

Committee Submits Agenda Request to FASB on LDTI

The Life GAAP Reporting Committee submitted an agenda request to the Financial Accounting Standards Board (FASB) regarding treatment of long-duration targeted improvements…
Topics: Life
Date Published: 05/08/2025
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Comment / Letter

Committee Submits Agenda Request to FASB on Fixed Indexed Annuities

The Life GAAP Reporting Committee submitted an agenda request to the Financial Accounting Standards Board (FASB) regarding the application of accounting guidance for indexed annuity…
Date Published: 05/08/2025
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Comment / Letter

Committees Comment to FASB on Agenda Request

The Financial Reporting Committee and the Life GAAP Reporting Committee sent an agenda request letter to the Financial Accounting Standards Board (FASB) encouraging FASB to consider a project…
Date Published: 02/04/2025
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Comment / Letter

Financial Reporting Committee and Life Financial Reporting Committee Comments to FASB

The Financial Reporting Committee and Life Financial Reporting Committee comments to the Financial Accounting Standards Board (FASB) regarding indexing and modco embedded derivatives.  
Date Published: 11/23/2020
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Comment / Letter

Letter to Congress on the Lifetime Income Disclosure Act

Lifetime Income Risk Joint Task Force letter to Congress on the Lifetime Income Disclosure Act. 
Date Published: 07/05/2018
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Comment / Letter

Comments to FASB on Accounting for Financial Instruments

Financial Reporting Committee and Life Financial Reporting Committee comments to FASB on its Proposed Accounting Standards Update, Accounting for Financial Instruments and Revisions to the…
Date Published: 09/30/2010
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Comment / Letter

Comments on Accounting for Costs Associated with Acquiring or Renewing Insurance Contracts

Life Financial Reporting Committee and Financial Reporting Committee comments on the FASB on exposure draft, Proposed ASU-Financial Services-Insurance (Topic 944): “Accounting for Costs Associated…
Date Published: 02/12/2010
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Comment / Letter

Comments to IASB on ‘Financial Instruments: Classification and Measurement’

Life Financial Reporting Committee and Financial Reporting Committee comments to the IASB on its “Exposure Draft, Financial Instruments: Classification and Measurement.”
Date Published: 09/14/2009
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