United States

FASB Issues Guidance on Short-Duration Insurance Contracts Disclosures

May 28, 2015
From the Financial Reporting View

This edition of Issues & Trends In Insurance reports that the FASB recently issued guidance about claims liabilities disclosures to improve financial reporting for short-duration insurance contracts. No changes were made to recognition or measurement of the short-duration contracts.

Read FASB Issues Guidance on Short-Duration Insurance Contracts Disclosures