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U.S. GAAP Update
The problem is that many direct writers get good reinsurance quotes. The direct writer wasn't comfortable ... years, whereas a lot of the reinsurers were. The direct company could get rid of its mortality risk or ...- Authors: Robert B Thomas, Michael Hughes, Darin Zimmerman
- Date: Oct 2004
- Competency: External Forces & Industry Knowledge; Technical Skills & Analytical Problem Solving
- Publication Name: Record of the Society of Actuaries
- Topics: Financial Reporting & Accounting>Generally Accepted Accounting Principles [GAAP]
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U.S. GAAP Update
probably the easiest implementation option for any direct writing company because at any time it's easy ... that if you do profits followed by losses on a direct basis, you have a reserve, and if you do it net ...- Authors: Carol F Salomone, Darin Zimmerman, Patricia Matson
- Date: Jun 2004
- Competency: External Forces & Industry Knowledge>Actuarial methods in business operations
- Publication Name: Record of the Society of Actuaries
- Topics: Financial Reporting & Accounting>Generally Accepted Accounting Principles [GAAP]; Reinsurance>Coinsurance