Highlights

The LIC Financial & Tax Accounting Committee is dedicated to providing information, networking, and practical solutions related to financial and tax accounting needs of small to midsize life insurance companies. Senior-level accounting executives are welcome to sign up and provide input on the topics you’d most like to see covered.

Find out what other companies are experiencing and share practical solutions to common challenges. Topics are selected by registrants, such as:

• Is anyone using a A/P provider to process payments?
• What premium tax software package are you using and is it a cloud-based solution?
• Negative Interest Maintenance Reserve (IMR)
• Insurance Company-Owned Life Insurance (ICOLI)
• RBC impacts from changes to bond factors, real estate factors and longevity risk
• Impact of proposed changes to the Accident and Health Policy Experience Exhibit (AHPEE)
• Principles-based Bond Definition Project - Blanks changes, Health Data redundancy issue, etc.
• What is the status of the LDTI implementation project (Long Duration Targeted Improvements) at your company?
• Who are others using for auditors?
• Tax returns – prepared internally or outsourced to whom?

CE on GAAP: After the Facilitated Discussion, Larson & Company will be providing a CE-approved presentation on the new GAAP credit loss accounting standard. We put this second recognizing that GAAP won't be relevant to all on the call and they can leave at the end of the discussion if they wish.

The LIC Financial & Tax Accounting Committee Conference Call is open to insurance company and fraternal ERM executives. Affiliate Members/Vendors must be sponsors of the meeting in order to attend (see LIC sponsorship opportunities).