Price: $120.00 Availability: In stock. Product Type: Hardcover  ISBN: 978-0-97593-374-9 Product Code: GAAP Qty:

Call to Order 1-800-282-2839 1-860-379-5470 U.S. GAAP for Life Insurers, 2nd Edition, 2006 Editor: R. Thomas Herget, FSA, MAAA A talented team of authors has collaborated to provide updates in the new developments in sales inducements, persistency bonuses, other SOP 03-1 issues, FAS133 interpretations (including B36, treatments for GMDB, GMAB, GMIB, and GMWB), no-lapse guarantees, EIA valuation, shock lapse examples and totally new purchase GAAP addressing FAS141 and FAS142 and VA DAC practices. The text includes more foreign product examples, reinsurance accounting, fair value perspectives and GAAP balance sheet and income statement examples in 100 new spreadsheets and over 200 additional pages. Link to Errata from Publisher: click here Editor: R. Thomas Herget, FSA, MAAA R. Thomas Herget received a BA from University of Illinois and is executive vice president at PolySystems in Chicago. His responsibilities include user needs identification, customer support, systems implementation, and project management involving life company financial reporting systems. Previously Tom held positions at CNA, Peat Marwick, and the Hartford. He has been a member of several AAA task forces on valuation and is past chair and newsletter editor of the SOA's Financial Reporting Section Council. He formerly served on the SOA's Board of Governors. Table Of Contents:  Chapter 1 GAAP Objectives and their Implications to Life Insurers Chapter 2 Authorities Chapter 3 Expenses and Capitalization Chapter 4 Traditional Life Insurance (SFAS 60 & SFAS 97) Chapter 5 Traditional Life Insurance (SFAS 120) Chapter 6 Universal Life Insurance Chapter 7 Deferred Annuities Chapter 8 Variable and Equity-Based Products Chapter 9 Annuities in Payment Status Chapter 10 Individual Health Insurance Chapter 11 Credit Insurance Chapter 12 Group Insurance, Large Case Pension Liabilities and Related Liabilities Chapter 13 Investment Accounting Chapter 14 Shadow Adjustments (SFAS 115) Chapter 15 Accounting for Business Combinations Chapter 16 Non-U.S. Products Chapter 17 Reinsurance Chapter 18 Other Topics Chapter 19 Financial Statement Presentations Appendix A Purchase Accounting Appendix B Proposed Statement to Replace SFAS 141 ACTEX Value Pack #FR for Financial Reporting Price: $217.00 Canadian Insurance Taxation, 2nd Edition, 2000 Price: $100.00 Valuation of Life Insurance Liabilities, 4th Edition, 2006 Price: $109.00