Keyword Analysis & Research: reinsurance accounting

ey.com

https://www.ey.com/content/dam/ey-unified-site/ey-com/en-us/technical/accountinglink/documents/ey-frdbb2433-12-07-2023.pdf

WEBDec 7, 2023 · The accounting guidance for reinsurance transactions is codified in Accounting Standards Codification 944, Financial Services — Insurance (ASC 944). This publication will help you understand the overall accounting and financial reporting requirements and how they apply to certain types of reinsurance transactions.

DA: 81 PA: 4 MOZ Rank: 23

munichre.com

https://www.munichre.com/content/dam/munichre/contentlounge/website-pieces/documents/Basic-of-RI-03-June-21.pdf/_jcr_content/renditions/original./Basic-of-RI-03-June-21.pdf

WEBReinsurance - insurance for insurance companies”. A reinsurance transaction is an. agreement between two or more parties, the reinsured or ceding company and reinsurer(s) . The reinsurer(s) agree to accept a certain. Portion of the reinsured’s risk upon terms and conditions as set out in the agreement. What is retrocession? accounting

accounting

DA: 53 PA: 89 MOZ Rank: 44

casact.org

https://www.casact.org/sites/default/files/presentation/clrs_2019_presentations_rm-6_miller.pdf

WEBWhat is reinsurance? Excerpt from Accounting Standards Codification (ASC) 944-20-20. • A transaction in which a reinsurer (assuming entity), for a consideration (premium), assumes all or part of a risk undertaken originally by another insurer (ceding entity).

DA: 65 PA: 82 MOZ Rank: 64

investopedia.com

https://www.investopedia.com/ask/answers/08/reinsurance.asp

WEBUpdated June 23, 2021. Reviewed by. Somer Anderson. Fact checked by. Amanda Jackson. Reinsurance occurs when multiple insurance companies share risk by purchasing insurance policies from other...

DA: 76 PA: 12 MOZ Rank: 45

pwc.com

https://viewpoint.pwc.com/dt/us/en/pwc/accounting_guides/insurance-contracts/Insurance-Contracts/9_long_duration/94_overv_of_reins.html

WEBPublication date: 31 May 2022. us Insurance guide. ASC 944 requires that the substance, and not the form of the contract drive the accounting treatment. When significant insurance risk is transferred, reinsurance accounting is required.

DA: 93 PA: 33 MOZ Rank: 89

soa.org

https://www.soa.org/globalassets/assets/library/newsletters/financial-reporter/2020/september/fr-2020-iss-09-20.pdf

WEBAccounting for Ceded Reinsurance Under LDTI—Introduction. Though there is no reference to the method of amortizing the cost of reinsurance, the reference to consistent assumptions means that its amortization must align assumptions with the updated assumption requirements for the reinsured contracts.

DA: 53 PA: 45 MOZ Rank: 4

casact.org

https://www.casact.org/sites/default/files/2021-03/6U_Cedar.pdf

WEBReinsurance Accounting & Strategy for the Actuary. Derek Cedar, FCAS, CERA & Andrew Thompson, FCAS. January 2020 . From its roots in ancient shipping to contemporary applications within the financial system – reinsurance continues to evolve.

DA: 92 PA: 44 MOZ Rank: 44

casact.org

https://www.casact.org/sites/default/files/old/studynotes_blanchard-klann-basic-rein-accounting.pdf

WEBThe purpose of this study note is to educate actuaries on certain basic reinsurance accounting topics that may be omitted in other syllabus readings. Specifically, this study note provides examples of how ceded reinsurance impacts an insurer’s financial statements and key financial metrics.

DA: 81 PA: 74 MOZ Rank: 31

ifrs.org

https://www.ifrs.org/content/dam/ifrs/supporting-implementation/ifrs-17/ifrs-17-pocket-guide-on-reinsurance-contracts-held.pdf

WEBpractice is to account for reinsurance contracts held using a ‘mirroring approach’, essentially matching reinsurance contract revenue, costs, assets and liabilities to the underlying insurance contracts. In determining the IFRS 17 approach to reinsurance, the Board took note of existing practice.

DA: 21 PA: 43 MOZ Rank: 89

londonschoolofinsurance.com

https://elearning.londonschoolofinsurance.com/pdf/en/Basic_Technical_Reinsurance_Accounting.pdf

WEBThis course “basic technical reinsurance accounting” is the fourth in a series of courses designed to this end. It follows the first course “Introduction to Reinsurance” which was designed: - To provide you with an introduction to the world of reinsurance.

DA: 51 PA: 12 MOZ Rank: 13