{"schema_version":2,"canonical_url":"https://asc.understandingaccounting.org/asc/405/30/#00-status","source":"FASB Accounting Standards Codification, Basic View","usage":"Study and research edition. Verify current requirements with the official source. Summaries, enrichment, and tags are machine-generated study aids. Paragraph html preserves source markup; snippet is abbreviated. Pending content is not necessarily effective.","topic":"405","topic_title":"Liabilities","subtopic":"405-30","subtopic_title":"Insurance-Related Assessments","section":{"number":"00","label":"00 Status","anchor":"00-status","is_sec":false,"groups":[{"block":null,"heading":null,"paragraphs":[{"citation":"405-30-00-1","para":"00-1","html":"<div class=\"asc-body\"><div class=\"norm-text\">The following table identifies the changes made to this Subtopic.</div><div class=\"norm-text\"><table class=\"asc-table\" id=\"SL9154729-162234\"><tr><td class=\"entry\"><strong class=\"ph b\">Paragraph</strong></td><td class=\"entry\"><strong class=\"ph b\">Action</strong></td><td class=\"entry\"><strong class=\"ph b\">Accounting Standards Update</strong></td><td class=\"entry\"><strong class=\"ph b\">Date</strong></td></tr><tr><td class=\"entry\"></td><td class=\"entry\"></td><td class=\"entry\"></td><td class=\"entry\"></td></tr><tr><td class=\"entry\"><a href=\"/glossary/r/#reinsurance\" class=\"term\" title=\"A transaction in which a reinsurer (assuming entity), for a consideration (premium), assumes all or part of a risk undertaken originally by another insurer (ceding entity). For indemnity reinsurance, the legal rights of the insured are not affected by the reinsurance transaction and the insurance entity issuing the insurance contract remains liable to the insured for payment of policy benefits. Assumption or novation reinsurance contracts that are legal replacements of one insurer by another extinguish the ceding entity's liability to the policyholder.\"><span>Reinsurance</span></a></td><td class=\"entry\">Added</td><td class=\"entry\"><a href=\"/updates/asu-2016-19/\" class=\"xref\">Accounting Standards Update No. 2016-19</a></td><td class=\"entry\">12/14/2016</td></tr><tr><td class=\"entry\"></td><td class=\"entry\"></td><td class=\"entry\"></td><td class=\"entry\"></td></tr><tr><td class=\"entry\"><a href=\"/asc/405/30/#405-30-05-1\" class=\"xref\">405-30-05-1</a></td><td class=\"entry\">Amended</td><td class=\"entry\"><a href=\"/updates/asu-2011-06/\" class=\"xref\">Accounting Standards Update No. 2011-06</a></td><td class=\"entry\">07/21/2011</td></tr><tr><td class=\"entry\"><a href=\"/asc/405/30/#405-30-15-3\" class=\"xref\">405-30-15-3</a></td><td class=\"entry\">Amended</td><td class=\"entry\"><a href=\"/updates/asu-2016-19/\" class=\"xref\">Accounting Standards Update No. 2016-19</a></td><td class=\"entry\">12/14/2016</td></tr><tr><td class=\"entry\"><a href=\"/asc/405/30/#405-30-15-3\" class=\"xref\">405-30-15-3</a></td><td class=\"entry\">Amended</td><td class=\"entry\"><a href=\"/updates/asu-2011-06/\" class=\"xref\">Accounting Standards Update No. 2011-06</a></td><td class=\"entry\">07/21/2011</td></tr><tr><td class=\"entry\"><a href=\"/asc/405/30/#405-30-30-7\" class=\"xref\">405-30-30-7</a></td><td class=\"entry\">Amended</td><td class=\"entry\"><a href=\"/updates/asu-2016-19/\" class=\"xref\">Accounting Standards Update No. 2016-19</a></td><td class=\"entry\">12/14/2016</td></tr></table></div></div>","snippet":"The following table identifies the changes made to this Subtopic.\nParagraph | Action | Accounting Standards Update | Date |\n| | | |\nReinsurance | Added | Accounting Standards Update No. 2016-19 | 12/14/2016 |\n| | | |\n405…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:ec36c4b6969a975bf7c5a5f949276ad84ceb50189b28bd9a7193c450a34dd4a3","downloaded_from":"2026-09-10T00:14:14.713Z","last_downloaded_at":"2026-09-10T00:14:14.713Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482653","source_sha256":"e968573df9eb5169cecb92f1f45b590c0500a265db38920b4d3d72672cc17f01"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:27184651173bdaf88a3e498b85ccd9267f26f0ade76bb657c29898dee70a2ee2","downloaded_from":"2026-09-10T00:14:14.713Z","last_downloaded_at":"2026-09-10T00:14:14.713Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482653","source_sha256":"e968573df9eb5169cecb92f1f45b590c0500a265db38920b4d3d72672cc17f01"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:37c2636d34d006e413bef2cb1215c0663b939a6ea1e976c65bab24bda31ad2d2","downloaded_from":"2026-09-10T00:14:14.713Z","last_downloaded_at":"2026-09-10T00:14:14.713Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482653","source_sha256":"e968573df9eb5169cecb92f1f45b590c0500a265db38920b4d3d72672cc17f01"}},"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:37c2636d34d006e413bef2cb1215c0663b939a6ea1e976c65bab24bda31ad2d2","downloaded_from":"2026-09-10T00:14:14.713Z","last_downloaded_at":"2026-09-10T00:14:14.713Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482653","source_sha256":"e968573df9eb5169cecb92f1f45b590c0500a265db38920b4d3d72672cc17f01"}}