CECL Considerations for Insurers - AFS Debt Securities and Other Assets
The CECL accounting standard affects a broad spectrum of financial institutions, including insurers. Investment portfolios may require updates to allow expected credit loss calculations. Understand the impact of CECL on debt securities, commercial real estate (CRE) loans, and operations, and discover potential solutions.
Webinar Highlights
Join us to learn more about CECL implementation considerations:
• The impact on available-for-sale held-to-maturity (AFS HTM) debt securities and CRE loans
• Implementation challenges and approaches for assets that are in scope for CECL
Speakers:
- Masha Muzyka Senior Director
- Scott Dietz Director
Please click here to view the presentation slides.
Related Articles
Managing an Insurance Company's Credit Portfolio Through COVID-19
The COVID-19 pandemic has brought credit risks that are unprecedented in size, are fast-changing, and have vastly different manifestations across industries. The uncertainty of impact is driven by epidemiological progression and sociological response, balanced by fiscal and monetary stimulus.
Concentration Risk Consideration During the Allowance Process and COVID-19's Impact
COVID-19 created additional complexities for institutions navigating CECL accounting standard. This paper provides a natural quantitative approach for incorporating concentration in the allowance process and portfolio management.
Incorporating the Impact of the Coronavirus Into Your CECL and IFRS 9 Framework
COVID-19 will have far reaching effects on the accounting for CECL and IFRS 9.
PCD assets post-CECL: The real-world implications of an accounting change
One benefit CECL will bring to the accounting space is moving away from the complicated and burdensome accounting for Purchase Credit Impaired (PCI) assets.
Moody's Analytics Webinar: Reinsurance Receivables under CECL
This webinar will focus on the implementation considerations and challenges of the CECL accounting standards for insurers.
Reinsurance Receivables Under CECL
For insurers, including reinsurance receivables is a unique result of the CECL accounting standard.
Moody's Analytics Webinar: CECL Considerations for Insurers - AFS Debt Securities and Other Assets
The CECL accounting standard affects a broad spectrum of financial institutions, including insurers. Investment portfolios may require updates to allow expected credit loss calculations. Understand the impact of CECL on debt securities, commercial real estate (CRE) loans, and operations, and discover potential solutions.
Moody's Analytics Webinar: Acquisition Accounting Under CECL
Join our experts as they discuss the effects of CECL on acquisition accounting, including PCD accounting, and the possible ramifications to the acquisition market.
Acquisition Accounting Under CECL
Join our experts as they discuss the effects of CECL on acquisition accounting, including PCD accounting, and the possible ramifications to the acquisition market.
Reporting and CECL: A Seismic Shift for Accountants
From an accounting standpoint, the changes in how to account for credit-loss reserves within the banking, insurance, and lending industries stemming from the Financial Accounting Standards Board’s (FASB) current expected credit losses (CECL) guidance are significant.
