LDTI - US GAAP Long Duration Targeted Improvements
January 2021 is the deadline for Insurance firms to implement the new changes for Long Duration insurance contracts under US GAAP. Meeting the new requirements will be a significant challenge for many firms. Legerity’s FastPost platform can help manage the detailed accounting rules, calculations, cash flow valuations, updates and disclosures required. This is the time to start managing the granular data required to report with confidence.