4 ms·
> life insurance statutory compliance. Interesting -- can you elaborate on whatever unrealities are forced upon life insurers by government?
by everybodyknows 5y ago
> life insurance statutory compliance.
Interesting -- can you elaborate on whatever unrealities are forced upon life insurers by government?
- mbg721 5y agoIt's not unrealities, it's just that you want some cushion before your life insurer goes bankrupt. That's why statutory and GAAP are different accounting standards.