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  • Source-of-Earnings Analysis under FAS 97 Universal Life Accounting
    Universal life-type contracts provide either death or annuity benefits and are characterized by any of the following: ... amounts assessed by the insurer (for example, mortality charge) are not fixed and guaranteed by contract ...

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    • Authors: Joseph H Tan
    • Date: Oct 1989
    • Competency: External Forces & Industry Knowledge>External forces and business performance; Technical Skills & Analytical Problem Solving>Process and technique refinement
    • Publication Name: Transactions of the SOA
    • Topics: Financial Reporting & Accounting>Generally Accepted Accounting Principles [GAAP]; Life Insurance>Universal life