{"schema_version":2,"canonical_url":"https://asc.understandingaccounting.org/asc/944/50/#30-initial-measurement","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":"944","topic_title":"Financial Services—Insurance","subtopic":"944-50","subtopic_title":"Policyholder Dividends","section":{"number":"30","label":"30 Initial Measurement","anchor":"30-initial-measurement","is_sec":false,"groups":[{"block":null,"heading":"Participating Contracts","paragraphs":[{"citation":"944-50-30-1","para":"30-1","html":"<div class=\"asc-body\"><div class=\"norm-text\"><span class=\"sfragment\" id=\"sfr_05CBC047-6E94-1014-A13F-6E4B94C84136\"><span class=\"sfragment-source\">Policyholder dividends accrued under paragraph <a href=\"/asc/944/50/#944-50-25-1\" class=\"xref\">944-50-25-1</a> </span></span><span class=\"sfragment\" id=\"sfr_05CBC18C-6E94-1014-A13F-6E4B94C84136\"><span class=\"sfragment-source\">shall be measured using an estimate of the amount to be paid. </span></span></div></div>","snippet":"Policyholder dividends accrued under paragraph 944-50-25-1 shall be measured using an estimate of the amount to be paid.","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:be392af8a811b04f19b9da6ff9124cfb85e2d8d44e328fa0acf200730cb66a3b","downloaded_from":"2026-09-10T02:17:31.739Z","last_downloaded_at":"2026-09-10T02:17:31.739Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147479816","source_sha256":"26da8229c8476a77ea4f8384ebcb4429db5deb32c70dc88abc0e5d0fb324ce22"}},{"citation":"944-50-30-2","para":"30-2","html":"<div class=\"asc-body\"><div class=\"norm-text\"><span class=\"sfragment\" id=\"sfr_05CBC322-6E94-1014-A13F-6E4B94C84136\"><span class=\"sfragment-source\">Income-based dividend provisions for participating contracts other than those long-duration participating life insurance contracts that meet the criteria in paragraph <a href=\"/asc/944/20/#944-20-15-3\" class=\"xref\">944-20-15-3</a>, shall be based on net income that includes adjustments between general-purpose and statutory financial statements that will reverse and enter into future calculations of the dividend provision. </span></span></div></div>","snippet":"Income-based dividend provisions for participating contracts other than those long-duration participating life insurance contracts that meet the criteria in paragraph 944-20-15-3, shall be based on net income that includ…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:e06d476c128439a457b86cc128025f0f19cb031a9f7f639e548d2733be250f06","downloaded_from":"2026-09-10T02:17:31.739Z","last_downloaded_at":"2026-09-10T02:17:31.739Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147479816","source_sha256":"26da8229c8476a77ea4f8384ebcb4429db5deb32c70dc88abc0e5d0fb324ce22"}},{"citation":"944-50-30-3","para":"30-3","html":"<div class=\"asc-body\"><div class=\"norm-text\"><span class=\"sfragment\" id=\"sfr_05CBC4C9-6E94-1014-A13F-6E4B94C84136\"><span class=\"sfragment-source\">Policyholder dividends </span></span><span class=\"sfragment\" id=\"sfr_05CBC62E-6E94-1014-A13F-6E4B94C84136\"><span class=\"sfragment-source\">shall be recognized over the premium-paying periods under paragraph <a href=\"/asc/944/50/#944-50-25-3\" class=\"xref\">944-50-25-3</a> </span></span><span class=\"sfragment\" id=\"sfr_05CBC788-6E94-1014-A13F-6E4B94C84136\"><span class=\"sfragment-source\">based on dividends anticipated or intended in determining gross premiums or as shown in published dividend illustrations at the date insurance contracts are made. </span></span></div></div>","snippet":"Policyholder dividends shall be recognized over the premium-paying periods under paragraph 944-50-25-3 based on dividends anticipated or intended in determining gross premiums or as shown in published dividend illustrati…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:604b8d730026ccfc1e6f7a0d9b0942bce88b3c026f9695211c4f446c24d59e88","downloaded_from":"2026-09-10T02:17:31.739Z","last_downloaded_at":"2026-09-10T02:17:31.739Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147479816","source_sha256":"26da8229c8476a77ea4f8384ebcb4429db5deb32c70dc88abc0e5d0fb324ce22"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:0fed04873f5d71c5898f3414b2ed5cd020da933844b8fcd9b20f68e9c8d2139f","downloaded_from":"2026-09-10T02:17:31.739Z","last_downloaded_at":"2026-09-10T02:17:31.739Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147479816","source_sha256":"26da8229c8476a77ea4f8384ebcb4429db5deb32c70dc88abc0e5d0fb324ce22"}},{"block":"Long-Duration Contracts","heading":"Certain Long-Duration Participating Life Insurance Contracts","paragraphs":[{"citation":"944-50-30-4","para":"30-4","html":"<div class=\"asc-body\"><div class=\"norm-text\"><span class=\"sfragment\" id=\"sfr_05D45296-6E94-1014-A13F-6E4B94C84136\"><span class=\"sfragment-source\">The expense recognized under paragraph <a href=\"/asc/944/50/#944-50-25-4\" class=\"xref\">944-50-25-4</a> for <a href=\"/glossary/a/#annual-policyholder-dividends\" class=\"term\" title=\"Amount of dividends to policyholders calculated and paid each year, representing the policyholders' share of divisible surplus.\"><span>annual policyholder dividends</span></a> shall be based on estimates of amounts incurred for the policies in effect during the period. </span></span></div></div>","snippet":"The expense recognized under paragraph 944-50-25-4 for annual policyholder dividends shall be based on estimates of amounts incurred for the policies in effect during the period.","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:e3bfc152d0533337177ecea1d542e7d248c5d7d396439731d9f6884d53b21767","downloaded_from":"2026-09-10T02:17:31.739Z","last_downloaded_at":"2026-09-10T02:17:31.739Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147479816","source_sha256":"26da8229c8476a77ea4f8384ebcb4429db5deb32c70dc88abc0e5d0fb324ce22"}},{"citation":"944-50-30-5","para":"30-5","html":"<div class=\"asc-body\"><div class=\"norm-text\"><span class=\"sfragment\" id=\"sfr_05D45460-6E94-1014-A13F-6E4B94C84136\"><span class=\"sfragment-source\">For example, if a policy has an anniversary date of June 30, at which time annual dividends are paid, at December 31, 19X1, dividends should be accrued for the period July 1, 19X1, through December 31, 19X1. </span></span></div></div>","snippet":"For example, if a policy has an anniversary date of June 30, at which time annual dividends are paid, at December 31, 19X1, dividends should be accrued for the period July 1, 19X1, through December 31, 19X1.","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:ac6825dcb84bf46cb8ca5d6b82da07dd4ee52a3272a84fd2615477f353adafe3","downloaded_from":"2026-09-10T02:17:31.739Z","last_downloaded_at":"2026-09-10T02:17:31.739Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147479816","source_sha256":"26da8229c8476a77ea4f8384ebcb4429db5deb32c70dc88abc0e5d0fb324ce22"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:19065ac184007d54363f35171afa8a6480ab72ce62ca86f594256471881ccb7c","downloaded_from":"2026-09-10T02:17:31.739Z","last_downloaded_at":"2026-09-10T02:17:31.739Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval 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