“The value of technical provisions should correspond to the amount which another insurance or reinsurance undertaking (the reference undertaking) would be expected to require to take over and fulfil ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Eric's career includes extensive work in both public and corporate accounting with ...

P&C insurers face significant changes to the manner in which loss reserves are discounted under the new rules. In computing its taxable income, an insurance company reduces its underwriting income by ...