CECL impact on insurance companies
ASC 326, the current expected credit loss (CECL) standard, has substantially changed how entities, including insurers, estimate credit losses on financial assets measured at amortized costs.
Read moreLet's talk financial services
Financial services tax digest
As we say goodbye to 2024 and look forward positively to 2025, at Forvis Mazars we know that financial institutions and funds will have to deliver in an evolving complex domestic and/or cross-border tax environment. Banks, insurers and asset managers...
Read moreLatest posts
Discover more
How insurance can mitigate risks of cyber attacks
Everyone can be a target of cyber attacks, from large corporations and government institutions to small businesses and individuals. With the threat increasing, insurers have developed products for businesses to...
Read more
US insurers' journey implementing IFRS 17
The International Financial Reporting Standard 17 (IFRS 17) for Insurance Contracts represents a significant shift in the accounting landscape for insurance companies. Developed by the International Accounting Standards Board (IASB)...
Read more