Aflac gets rating upgrade for positive LDTI work

Insurer rating upped to aa, as AM Best praises its risk mitigation capabilities


LDTI takes a bite from insurer balance sheets

US insurers have begun disclosing the impact of 2023's new accounting standard, proving beyond doubt it will be one of the biggest shifts in accounting rules in years. Sarfraz Thind reports


US insurers downplay LDTI hit in Q4 earnings calls

Unum and Genworth say no significant impact expected from new accounting rule


InsuranceERM's top US stories of 2021

US editor Sarfraz Thind picks out four key themes


Prudential Financial under no pressure to shed more annuities

Still too early to forecast LDTI impact, says chief executive Charlie Lowrey


LDTI warning as insurers prepare to report next year

Analysts expect big LDTI numbers after Aflac's $20bn reveal last month


Aflac discloses up to $20bn earnings hit from LDTI

No change to ratings from announcement, says S&P


LDTI to increase earnings volatility for insurers

Experts highlight the need for stakeholder education about the accounting standard


CECL will have limited impact on insurers

Third quarter disclosures suggest few US underwriters will be particularly impacted


Aflac CFO takes swipe at LDTI one-size-fits-all approach

Accounting standard will lead to a negative number in future earnings releases