Search
 

Finite Challenges Prompt New 'Insurance' Definition

I've been accused of having a strange sense of humor, but I didn't quite know how unusual it was until recently, when I found myself unexpectedly laughing at an accounting pronouncement about

By Susanne Sclafane | Updated on September 03, 2006

I’ve been accused of having a strange sense of humor, but I didn’t quite know how unusual it was until recently, when I found myself unexpectedly laughing at an accounting pronouncement about insurance.

Actually, pronouncement isn’t quite the right word. What I’m referring to is a document officially titled, “Invitation To Comment” on the “Bifurcation of Insurance and Reinsurance Contracts For Financial Reporting,” published by the Financial Accounting Standards Board on May 26.

Want to continue reading?
Become a Free
PropertyCasualty360 Digital Reader.

INCLUDED IN A DIGITAL MEMBERSHIP:

  • All PropertyCasualty360.com news coverage, best practices, and in-depth analysis.
  • Educational webcasts, resources from industry leaders, and informative newsletters.
  • Other award-winning websites including BenefitsPRO.com and ThinkAdvisor.com.

Already have an account?

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Dig Deeper

Recommended Stories

PropertyCasualty360

Join PropertyCasualty360

Don’t miss crucial news and insights you need to make informed decisions for your P&C insurance business. Join PropertyCasualty360.com now!

  • Unlimited access to PropertyCasualty360.com - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including BenefitsPRO.com, ThinkAdvisor.com and Law.com
  • Exclusive discounts on PropertyCasualty360, National Underwriter, Claims and ALM events

Already have an account? Sign In Now
Join PropertyCasualty360

Copyright © 2024 ALM Global, LLC. All Rights Reserved.