Gain a comprehensive understanding of the accounting and reporting of other-than-temporary impairments for debt and equity securities on a GAAP and statutory basis, including the required disclosures.

Learning Objectives

• Define the key terms related to accounting for other-than-temporary impairments (OTTI)
• Identify the Statutory and GAAP accounting guidance applicable to debt and equity security OTTI
• Apply the Statutory and GAAP OTTI accounting guidance for debt and equity securities
• Identify the financial statement disclosures applicable to debt and equity securities OTTI