US GAAP Disclosure List

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Long-Duration Insurance Contracts Disclosure


ItemTypePeriodBalanceDescription
Schedule of Minimum Guaranteed Benefit Liabilities textTabular disclosure of minimum guaranteed benefits to policyholders and contract holders, such as guaranteed minimum death benefit, guaranteed minimum income benefit, and guaranteed annuitization benefits, discloses the amount of liability reported for additional insurance benefits, annuitization benefits and other minimum guarantees, by type of benefit, for the most recent balance sheet date and the incurred and paid amounts for periods presented for traditional and nontraditional products.
Long-Duration Contracts, Assumptions Supporting Guarantee Obligations text
Minimum Guarantees, Net Amount at Risk text
Separate Accounts Disclosure text
Liabilities for Guarantees on Long-Duration Contracts textA table reflecting the guaranteed minimum benefits by product type due contract holders under annuity and life products having traditional and nontraditional terms.
Guaranteed Benefit Liability, Net, Ending Balance$instantcreditSum of the amount of expected guaranteed benefits in excess of the projected account balances for minimum guaranteed benefit contracts, as of the balance sheet date, net of reinsurance recoverables, for all guaranteed benefit types.
Reinsurance Recoverable, Guarantee Benefit$instantdebitSum of the amount of guaranteed minimum benefits the ceding insurer expects to recover on insurance policies ceded to other insurance entities as of the balance sheet date for all guaranteed benefit types.
Long-Duration Contracts, Assumptions Underlying Guarantee Obligations textThe entire disclosure for long duration contract assumptions underlying guarantee obligations. This may include the explanation of the underlying assumptions and percentages or rates used in determining the fair value of each guarantee obligation for each type of long-duration contract.
Minimum Guarantees, Net Amount at Risk Disclosure textThe entire disclosure for contracts with guaranteed benefits in excess of the current account balance. Disclose the amount of liability reported for additional insurance benefits, annuitization benefits and other minimum guarantees; the net amount at risk; and the weighted average attained age of contract holders, by type of guarantee and by type of benefit, as of the most recent balance sheet date.
Gain (Loss) Recognized on Assets Transferred to Separate Account text
Separate Accounts of Contract Holders NotetextDisclose the general nature of the contracts reported in separate accounts of contract holders, the nature and terms of minimum guarantees, the fair value of each major category of investment comprising the separate accounts, and the amount of gains and losses recognized on assets transferred to separate accounts.
Separate Accounts by Major Category of Investment text
Separate Account, Liability, Ending Balance$instantcreditAmount of liability for variable contract in which all or portion of contract holder's funds is allocated to specific separate account and supported by assets held in separate account.
Product Or Service Axis
Guaranteed Insurance Contract, Type of Benefit textInformation by benefit for guaranteed benefit obligations in traditional and nontraditional long-duration contracts with policy and contract holders.
Guaranteed Insurance Contract, Type of Guarantee textInformation by guarantee for guaranteed benefit obligations in traditional and nontraditional long-duration contracts with policy and contract holders.
Liabilities for Guarantees on Long-Duration Contracts textLine items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.
Schedule of Assumptions for Long-Duration Contracts by Product and Guarantee textTabular disclosure of the underlying assumptions and percentages or rates used in determining the fair value of guarantee obligations for each type of long-duration contract.
Schedule of Net Amount of Risk by Product and Guarantee textTabular disclosure of the guaranteed benefits in excess of the current account balance, quantifies such excesses (the net amounts at risk) and includes other relevant, pertinent information as of the most recent balance sheet date by product type.
Gain Recognized on Assets Transferred to Separate Account, Gross$durationcreditAmount of gain recognized during the reporting period on assets that were transferred into separate accounts.
Loss Recognized on Assets Transferred to Separate Account, Gross$durationdebitAmount of loss recognized during the reporting period on assets that were transferred into separate accounts.
Gain (Loss) Recognized on Assets Transferred to Separate Account, Total$durationcreditAmount of net gains or losses recognized during the reporting period on assets that were transferred into separate accounts.
Fair Value, Separate Account Investment textTabular disclosure of fair value of asset supporting separate account.

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