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FASB 'Insurance—Targeted Improvements to the Accounting for Long-Duration Contracts': Milliman MG-ALFA valuation road map

14 February 2019
Milliman is enhancing its valuation software offerings to support the Financial Accounting Standards Board (FASB) standard “Targeted Improvements to the Accounting for Long-Duration Contracts.” The MG-ALFA® solution offers GAAP calculations under legacy methods and will be enhanced to address the Financial Accounting Standards Board Targeted Improvements requirements for all long-term life, annuity, and health products.

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