FASB – Financial Accounting Standards Board

  • 2016 0929 – FASB – Draft – Proposed Accounting Standards Update – 172p
    • Comments Due: December 15, 2016F
    • inancial Services-Insurance (Topic 944) – Targeted Improvements to the Accounting for Long-Duration Contracts
  • FASB – SFAS 97 – Accounting and Reporting by Insurance Enterprises for Certain Long-Duration Contracts and for Realized Gains and Losses from the Sale of Investments.
    • fasb.org/page/PageContent?pageId=/reference-library/superseded-standards/status-of-statement-no-97.html&bcpath=tff
    • 1987 – FSAB – 
    • 1989 – SOA – Pricing Considerations on a GAAP Basis, rsa89v15n3a8 – Society of Actuaries – 16p
      • First let’s talk about SFAS No. 97 and its effect on universal life contracts.
    • 1990 – AICPA – Practice Bulletin 8 – Application of FASB Statement No. 97, Accounting and Reporting by Insurance Enterprises for Certain Long-Duration Contracts and for Realized Gains and Losses from the Sale of Investments, to Insurance Enterprises – 13p
    • 2008 – FASB – SFAS 97  – Accounting and Reporting by Insurance Enterprises for Certain Long-Duration Contracts and for Realized Gains and Losses from the Sale of Investments – 20p
  • FAS 60 – June 1982 – 32p
    • aop_fas60 – 2010 – 21p
    • FAS 113:  Accounting and Reporting for Reinsurance of Short-Duration and Long-Duration Contracts
      • 2005 0406 – FASB – Minutes of April 6, 2005 Board Meeting: Risk Transfer in Insurance and Reinsurance Contracts – 5p
  • FAS 133-a
    • 20051121 – Letter – AIG to FASB – RE: Proposed FASB Staff Position FAS 133-a, Accounting For Unrealized Gains (Losses) Relating to Derivative Instruments Measured at Fair Value under Statement 133, David Herzog, AIG – 4p
  • 2006 0526 – FASB – Invitation to Comment (ITC) – Bifurcation of Insurance and Reinsurance Contracts for Financial Reporting, Applies to Policyholders, Insurers, and Reinsurers – 34p
  • 2007 – FASB – Accounting for Financial Guarantee Contracts
    • 2007 0615 – Letter – GreenLight, Einhorn to FASB – re Statement of Financial Accounting Standards, Accounting for Financial Guarantee Contracts – an interpretation of FASB Statement No. 60 – 3p
    • 2007 0620 – Letter – AIG to FASB – Statement of Financial Accounting Standards, Accounting for Financial Guarantee Contracts – an interpretation of FASB Statement No. 60 – 79 – 8p