Fair Value Option for Fortitude's Insurance Liabilities and Debt Valuation Adjustments
First written in FY2023-Q2. 1 of 2 entries say "Advanced", first in FY2023. Latest entry: FY2023.
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- FY2023AdvancedAnnual report
「当社においても、フォーティテュード社に対して持分法を適用するにあたり当連結会計年度より同様の会計処理を行ったことにより、その他の包括利益累計額の在外関係会社における債務評価調整額に3,810百万円を計上しております。」
フォーティテュード社の保険負債への公正価値オプション適用に対応し、当社でも当年度から同様の会計処理を実施した。 - FY2023-Q2First statedAnnual report
「Because Fortitude applied the fair value option to insurance liabilities related to the U.S. variable annuity business, from its second-quarter consolidated cumulative period (1 January to 30 June 2022) it has recognized in other comprehensive income the portion attributable to its own credit risk of changes in the fair value of insurance liabilities to which the fair value option is applied, in accordance with FASB Accounting Standards Codification Topic 825, Financial Instruments.」
Fortitude began applying the fair value option to insurance liabilities for U.S. variable annuities and recognizing changes attributable to its own credit risk in other comprehensive income.