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  • GAAP Issues
    this is a really strange situation. You have the direct contract, but you couldn't set up a liability ... that the additional benefits do not become the primary benefits of the replacement contract. An example ...

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    • Authors: Robert Frasca, David C Scheinerman, Laura J Hay, John F Bevacqua
    • Date: Sep 2003
    • Competency: External Forces & Industry Knowledge
    • Topics: Financial Reporting & Accounting>Generally Accepted Accounting Principles [GAAP]; Public Policy
  • Practical Issues Of Implementing The Draft SOP On Nontraditional Long-Duration Contracts
    Practical Issues Of Implementing The Draft SOP On Nontraditional Long-Duration Contracts ... separate account. Third, the contractholder has to direct the assets. For something like a variable annuity ...

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    • Authors: Robert Frasca, Carol F Salomone
    • Date: Sep 2002
    • Competency: External Forces & Industry Knowledge
    • Topics: Financial Reporting & Accounting>Generally Accepted Accounting Principles [GAAP]