United States

SEC Staff Issues Guidance about Guide 6

Nov 11, 2016
From the Financial Reporting View

This edition of Issues & Trends In Insurance reports that the SEC staff recently added Q&A 11310.1 to its Financial Reporting Manual. The Q&A says that when a company discloses the claims development tables required by the short-duration insurance contracts standard, it does not have to separately provide the ten-year property-casualty loss reserve development tables identified in Guide 6.

Read SEC Staff Issues Guidance about Guide 6