Issues and Trends | August 2023

Insight

Insurance: June 2023 SAPWG call

KPMG reports on an action taken by the Statutory Accounting Principles Working Group on the June 2023 conference call.


Applicability

  • All insurance companies

Key impacts

  • The Statutory Accounting Principles Working Group (SAPWG) re-exposed revisions to INT 23-01 to update guidance for a negative interest maintenance reserve.

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