Can anyone give me a clear explanation of the difference between statutory vs gaap accounting methods when it comes to mark-to-market losses especially for monoline insurers. Does statutory accounting require the losses to directly weaken capital while gaap doesn't? Or how exactly does it work.
Answers: Guess within aren't many actuaries here.
I tried reading your quiz, but frankly don't understand most of it. Maybe an accountant would be more conscientious?
Resolved Questions:
Car/Health Insurance Quotes?
Hand insurance?
If my son is name as the sole beneficiary(life insurance) if i be to die, could my husband stand up to it?
What happen when you sue someones insurance company?
Insurance Underwriting: Anybody know of any companies that would underwrite and brand a home insurance policy?
Does anyone out at hand work for Aflac?
Answers: Guess within aren't many actuaries here.
I tried reading your quiz, but frankly don't understand most of it. Maybe an accountant would be more conscientious?
Resolved Questions: