Issues and Trends | March 2022

 

Insight

Insurance: SAPWG March 2022 call

KPMG reports on statutory accounting actions and discussions of SAPWG on the March 2022 conference call.

Applicability

  • All insurance companies

Key impacts

The Statutory Accounting Principles Working Group (SAPWG) exposed the following:

  • Revised principles-based bond definition.
  • Draft issue paper detailing discussions and concepts in the development of the proposed principles-based bond definition.

Report contents:

  • Meeting highlights
  • Principles-based bond definition

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