£113.94

Springer - The Fair Value of Insurance Business (NYU Series 5)

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Description

Explore the fundamental shift in financial reporting with The Fair Value of Insurance Business. Part of the New York University Salomon Center Series on Financial Markets and Institutions, this volume examines the transition from traditional amortized cost and book value reporting to fair market value standards. Following the volatility in securities markets during the 1980s and early 1990s, the Financial Accounting Standards Board (FASB) introduced new rulings to address liquidity and interest rate fluctuations. This book analyzes the impact of FAS 115, a landmark standard that requires financial intermediaries to report the fair value of most assets. It provides a deep look into how these changes affect insurance companies, banks, and thrift institutions as they navigate the move toward market-based valuation.

Key Features

Part of the prestigious New York University Salomon Center Series on Financial Markets and Institutions.

Analyzes the impact of FAS 115 and the shift from amortized cost to fair market value reporting.

Examines how volatility in securities markets and interest rate fluctuations changed financial standards.

Provides context on the regulatory response to liquidity problems faced by financial intermediaries.

Covers essential reporting changes for insurance companies, banks, and thrift institutions.

Product Specifications

Format
paperback
Domain
Amazon UK
Publication Date
25 October 2012
Listed Since
03 March 2013

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