February 2020

NextWave Insurance

NextWave Insurance – Are You Ready?

Edward Majkowski, Americas Insurance Sector and Advisory Leader for EY says: “As customers’ expectations continue to rise, insurers must evolve their business to stay relevant in today’s transformative age. The biggest risks – climate change, cyber threats, ownerless and driverless vehicles, the worldwide protection gap, tech-driven disruption – are also the most compelling opportunities.” The […]

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View From a Rating Agency

Kroll Bond Rating Agency (KBRA) was established as a challenger brand and remains dedicated to the restoration of trust in credit ratings. KBRA’s objective is to think beyond traditional credit rating protocols and take an innovative, more rigorous approach. Andrew Edelsberg, managing director of ratings analytics for KBRA’s insurance vertical, will provide insight into the

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Targeted Improvements to the Accounting for Long-Duration Contracts – AICPA Implementation Project

FASB ASU 2018-12: Targeted Improvements to the Accounting for Long-Duration Contracts, makes targeted improvements to the existing recognition, measurement, presentation and disclosure requirements for long-duration contracts. Kim Kushmerick of the AICPA provides an overview, status updates and implementation issues.  The AICPA Financial Reporting Executive Committee and Insurance Expert Panel are developing working drafts of ASU 2018-12

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