A.27 ASC 944, Financial Services — Insurance

45-3 The carrying amount of market risk benefits shall be presented separately in the statement of financial position. The change in fair value related to market risk benefits shall be presented separately in net income, except fair value changes attributable to a change in the instrument-specific credit risk of market risk benefits in a liability position. The portion of a fair value change attributable to a change in the instrument-specific credit risk of market risk benefits in a liability position shall be presented separately in other comprehensive income.

55-13K The tabular rollforward of the beginning to the ending balance related to market risk benefits as required in paragraph 944-40-50-7B could include the following line items:

1. Issuances
2. Interest accrual
3. Attributed fees collected
4. Benefit payments
5. Effect of changes in interest rates
6. Effect of changes in equity markets
7. Effect of changes in equity index volatility
8. Actual policyholder behavior different from expected behavior
9. Effect of changes in future expected policyholder behavior
10. Effect of changes in other future expected assumptions
11. Effect of changes in the instrument-specific credit risk.

To the extent that the tabular rollforward of the beginning to the ending balance related to market risk benefits achieves the fair value disclosure requirements described in Section 820-10-50, an insurance entity need not duplicate the related fair value disclosure.