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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, ...

The International Accounting Standards Board has published a proposed set of changes to insurance contract accounting in an effort to impose a single standard upon all insurers in all jurisdictions ...

FASB issued a standard Thursday that provides relief for insurance companies implementing the board’s new standard for accounting for long-duration insurance contracts. The board provided insurance ...

Ascend, a comprehensive accounting operations platform for insurance, and commercial insurance managing general agent (MGA) and wholesale brokerage QuoteWell have joined hands to enhance MGA ...

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 ...

The July issue of Best’s Review includes a ranking of the top global brokers and provides coverage of insurance accounting: “Top Global Insurance Brokers – 2025 Edition” provides a ranking of the top ...

One of the best ways to set yourself or your organization up for success is to have top-notch advice from financial and insurance experts. Discussing best practices, each professional aims to make ...

Drilled into the head of every accounting student are the generally accepted accounting principles, or GAAP, that govern the process of accounting. These principles form the foundation on which ...