Financial reporting

US GAAP, statutory requirements, and international financial reporting standards (IFRS) continue to emerge and evolve. Our constant exposure to global industry practices in financial reporting, coupled with life insurance actuarial expertise, properly equips us to handle accounting challenges faced by life insurance companies and their actuaries.

Our experienced life actuarial team can help with:

  • US GAAP and Statutory accounting requirements for existing and new products as well as reinsurance agreements;
  • FAS 133 embedded derivative accounting, AG38 issues, and RBC C-3 Phase 2 implementation;
  • Tackling the requirements of IFRS;
  • Asset Adequacy Analyses, including accompanying Actuarial Memorandum; and
  • Providing statutory Statements of Actuarial Opinion.