Abstract
Fair value financial reporting for life insurers is a topic that has been much discussed recently. However, little has been published regarding how a fair value system might actually function in practice. A fair value system would record both assets and liabilities at fair value on the balance sheet. The change in the difference in value between assets and liabilities (excluding capital transactions) would be recorded as income.
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References
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© 2000 Springer Science+Business Media New York
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Duran, J.P., Vilms, A.E. (2000). Modeling Fair Value Financial Reporting Results For The Single Premium Deferred Annuity. In: Vanderhoof, I.T., Altman, E.I. (eds) The Fair Value of Insurance Business. The New York University Salomon Center Series on Financial Markets and Institutions, vol 5. Springer, Boston, MA. https://doi.org/10.1007/978-1-4615-4623-8_6
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DOI: https://doi.org/10.1007/978-1-4615-4623-8_6
Publisher Name: Springer, Boston, MA
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